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Articles on bankruptcy petition drafting and building a remote career.
155 articles
Retirement Accounts - Estate Property?
If you’re working on a case where the debtor has a large trust or retirement account, you will want to be aware of how to manage the accounts in regards to schedule Schedule B. Many debtors will...
Bankruptcy FundamentalsDischarging Taxes in Your Bankruptcy
When declaring bankruptcy, sometimes it is helpful include tax debt in your bankruptcy petition. In order to be able to discharge your taxes however, it is essential that these criteria are met.
Petition Drafting TipsWhich Schedule Do I List Rental Income In?
Recently we received a question from one of our VBAs (Virtual Bankruptcy Assistants) about reporting the rental income and mortgage debt of a client and which schedule to report them in. The scenario...
Petition Drafting TipsDocuments to Provide for a 341 Hearing
Your client is scheduled for a 314 hearing. There are several documents that they will need to provide before the hearing takes place in order for the process to go through.
Remote Work LifeHow to be more productive while working from home
According to a study conducted by Stanford University 10% of US employees now regularly work from home. Working from home can be very rewarding, and many of those who work from home find that they...
Bankruptcy CareerWhat is a VBA's Going Rate?
Now that you have become a VBA, the all-important question of income comes up. What is a VBA's going rate? What is the amount per petition?
Chapter 13 StrategiesChapter 13 Vs. Debt Consolidations
Should you consider Chapter 13 vs. Debt Consolidations
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...
Bankruptcy CareerOptimizing VBA Services
Personal bankruptcy Attorneys have some time ago recognized that there are a variety of tasks in serving a clients’ need which might be accomplished by a Virtual Bankruptcy Assistant, who works to...
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...
Bankruptcy CareerThe "How Much Money Can I Make" Syndrome
Why asking 'how much can I make?' is the wrong first question when starting a business — and what successful VBAs focus on instead to build lasting income.