Bankruptcy Fundamentals
Core concepts and definitions every bankruptcy petition preparer should know.
23 articles in "Bankruptcy Fundamentals"
Retirement Accounts are not always property of the estate.
The following newsletter was written by Heath Issacs, who is a bankruptcy attorney we have done a lot of work with, from bankruptcy petition drafting, to live bankruptcy seminars.
Bankruptcy FundamentalsBankruptcy and Online Discovery Methods
Virtual bankruptcy assistants are trained professionals who work for licensed bankruptcy attorneys nationwide. One of the many methods they use for every case is an Internet search for liens...
Bankruptcy FundamentalsThe Hair Piece that Could
When drafting bankruptcy petitions, it is very important to document and report ALL allowable monthly expenses that the debtor has.
Bankruptcy FundamentalsWill $5 Per Gallon Gasoline “Fuel” Bankruptcy?
It's the right time to be in the bankruptcy business, and here is just one more example why — gasoline that costs $5 per gallon.
Bankruptcy FundamentalsDischarged, Dismissed, and Revoked Bankruptcy
There are several outcomes to a bankruptcy case. We’re familiar with the two most common, which are:
Bankruptcy FundamentalsPayPal Accounts and Bankruptcy
We had an interesting situation this week that turned out badly for the debtor.
Bankruptcy FundamentalsA Typical Example of an INSIDER DEBT in Bankruptcy
I worked on a bankruptcy petition this week that involved a couple who had worked at the same job for 25 years. They owned no real property and no unexempt personal property. Their credit card...
Bankruptcy FundamentalsNew Bankruptcy Bill Just Released by Senate
Prior to recessing, Senator Whitehouse (Democrat-Rhode Island) introduced S. 1624, designed to amend Title 11 of the Bankruptcy Code to provide protection for medical debt homeowners; to restore...
Bankruptcy FundamentalsBankruptcy and eDiscovery Methods
Virtual bankruptcy assistants are trained professionals who work solely for licensed bankruptcy attorneys nationwide. One of the many methods they use for every case is an internet search for liens...
Bankruptcy FundamentalsWhat Is 722 Redemption in Bankruptcy?
722 redemption lets Chapter 7 debtors pay a lump sum equal to a vehicle's real value instead of the full loan balance. Here's how it works and how it compares to a cram-down.
Bankruptcy FundamentalsDead People Cannot File Bankruptcy
The other day, an interesting question came into the 713 Training office from a paralegal working on a Chapter 7 bankruptcy petition. The debtor was a widow who claimed most of the debts were only...