Petition Drafting Tips
Practical tips and techniques for drafting accurate Chapter 7 and Chapter 13 bankruptcy petitions.
41 articles in "Petition Drafting Tips"
Petition Drafting TipsExemption Check: Saving Time on your Petition
Here is a quick tip on exemption check. Have you ever filled out Schedule A and B, and selected the exemptions on each item listed – only to find that you have to go BACK and fix it after finishing...
Petition Drafting TipsBankruptcy Petition Drafting Tip #4
Today we had an Arizona bankruptcy petition to draft and we found the exemption allowances were much different from Ohio. For example, the home exemption was $100,000 compared to Ohio, which is only...
Petition Drafting TipsBankruptcy Petition Drafting Tip #5
Our bankruptcy attorney had a client that was in the middle of filing a Chapter 7 when her employer promoted her to full-time pay. At the time she originally filed her petition she was only working...
Petition Drafting Tips401K Loans and Wage Garnishment
We were doing a bankruptcy petition review for a virtual bankruptcy assistant prior to giving the petition to her attorney. One mistake we found was that in listing the 401K Loan as a Wage...
Petition Drafting TipsThe Means Test and the Older Vehicle Deduction
Whether you are working on a Chapter 13 or Chapter 7, there is a distinct benefit to claiming the older vehicle expense on the means test. Depending on your jurisdiction, if a debtor has a vehicle...
Petition Drafting TipsPreparation Work When Starting a Petition
Having helped numerous people in training to become a VBA, we have had the opportunity to help them form best practices in petition work. One mistake that many newly trained VBAs make when given a...
Petition Drafting TipsHow to Report Expenses for Debtors with Separate Households
When you are drafting a bankruptcy petition for a couple who is separated and maintain their own separate households, there is a nearly complete duplication of all expenses, including things such as...
Petition Drafting TipsWhat to Do When You Have Missing Pay Stubs for a Bankruptcy Petition
Have the debtors on the cases you have worked on, ever not submitted EVERY pay stub you need for the Means Test?
Petition Drafting TipsHow to Report Debtor’s Income Tax Due When Not Withheld
Often as a person’s or couple’s financial situation experiences difficulty, the first thing they do to have more money available, is have their payroll department adjust their income tax withholding...
Petition Drafting TipsWhat to Do When Only One Spouse is Filing Bankruptcy
It seems we have seen a run of married couples lately, where only one of the spouses in the marriage is filing bankruptcy. Why is this an issue?
Petition Drafting TipsDoes a Bankruptcy Petition Expire?
Because we are at the end of a month, and I am running into some bankruptcy petitions that are expiring, I felt it an appropriate time to write an article about this subject.
Petition Drafting TipsBankruptcy Petition Training Tidbits
I attended the Chapter 13 Cram Down and Strip Down teleconference. In the materials I received there were 33 pages of pleadings that provide samples for the Strip Down procedure. However, there are...