Bankruptcy Q&A
Answers to common questions about bankruptcy petition drafting and case scenarios.
19 articles in "Bankruptcy Q&A"
713 Training.com Q&A
These packages will educate a person with no prior knowledge or experience in bankruptcy on how to prepare petitions, both chapter 7 and chapter 13 bankruptcies, develop a business strategy, and how...
Bankruptcy Q&ARecent Bankruptcy Q&A
Below are some recent bankruptcy questions and answers:
Bankruptcy Q&ARecent Bankruptcy Q&A
Question:I have a debtor who has several wage garnishments filed and some are already being deducted from his paycheck. My question is do I list these on Schedule F as well as entering info on...
Bankruptcy Q&ASome Recent 713 Training.com Q&A
I recently completed the online ch 7 class and am currently taking a ch 13 class. In February I purchased the complete training kit (books, videos, etc) which also included a paper VBA exam.
Bankruptcy Q&ASome Recent Bankruptcy Petition Q&A
I have a debtor that owns property that he is renting out to his son. The mortgage is $2,000.00 per month and the rent he is charging his son is $2,000.00. I'm not sure how to list it in Schedule I,...
Bankruptcy Q&ABankruptcy Petition Case Review
The problem: There is not enough left over for the debtors to make a Chapter 13 Plan payment.
Bankruptcy Q&ABankruptcy Questions and Answers
Get answers to real Chapter 13 questions: learn the difference between adequate protection payments and post-petition payments, and when each applies to a debtor's case.
Bankruptcy Q&ABankruptcy Petition Questions and Answers
If for instance I am completing a petition today, do I use the debtors income for November or December on Schedule I? I am working with 2 paralegals at a law firm and one says use November and the...
Bankruptcy Q&ABankruptcy Petition Questions and Answers
Real Q&A for bankruptcy petition drafters: where to list cars sold before filing, how to handle the Statement of Affairs, and other common petition preparation questions.
Bankruptcy Q&AQuestions and Answers from Bankruptcy Professionals
If the only debt the debtor has is arrearages on the mortgage, can the arrearage be cured over a 5 year period or is a 3 year repayment plan required? At 3 years, the payments are too high. At 5...
Bankruptcy Q&ABankruptcy Petition Questions and Answers
The following questions and answers were submitted to 713 Training.com either at a teleconference or by email during this past week. The best of the best were chosen to be published below.
Bankruptcy Q&AQuestions and Answers from Bankruptcy Professionals
I have a debtor that owns a home based business. In addition to what her company grosses, she has paid herself a salary for the past 6 months from her business. On the Means Test, do I have to...