by Ofer Shmucher | Jun 15, 2014 | Uncategorized
On Saturday morning I met with numerous clients including a married couple who was unsure of their bankruptcy options. The majority of the debt was only the responsibility of the wife, because the debt accrued prior to their marriage. The couple’s first... by Ofer Shmucher | Jun 14, 2014 | Uncategorized
When you file for bankruptcy you need to provide the bankruptcy trustee with copies of your bank statements, typically six months. The bankruptcy trustee’s office staff will review your bank statements and look things such as wire transfers, large payments to... by Ofer Shmucher | Jun 12, 2014 | Uncategorized
I often see people searching online and coming to my office asking me what is the maximum income I can have and still file a Chapter 7 bankruptcy. Here is the secret, if you are looking for a concrete answer from an attorney or online… YOU WON’T FIND IT. ... by Ofer Shmucher | Jun 11, 2014 | Uncategorized
Once a judgment is entered against a debtor, the creditor may attempt to try to collect on that judgment. The first thing the creditor will likely do is require that the debtor complete a financial statement. The creditor will ask the court to require that the... by Ofer Shmucher | Jun 10, 2014 | Uncategorized
This morning I sat and waited with my client for her 341 meeting of the creditors. The room is open so everyone can see and hear all other cases being administered. If you have filed a bankruptcy using an experienced or knowledgeable attorney then this process... by Ofer Shmucher | Jun 9, 2014 | Uncategorized
Sometimes you see attorneys advertising bankruptcy representation for $899.00 or $1,500 but they fail to say if it includes costs or not. So then you may ask what are the costs associated with filing for bankruptcy? Besides the attorney fee you need to pay a filing... by Ofer Shmucher | Jun 6, 2014 | Uncategorized
Filing for Bankruptcy in Fort Lauderdale Florida – What Assets Must I Disclose? When you file for bankruptcy in South Florida you need to fill out the bankruptcy petition. The petition is a legal document that you sign under oath, listing a number of things including... by Ofer Shmucher | Jun 5, 2014 | Uncategorized
I had a client come into my office this week and asked me if she could still file for bankruptcy because one of her creditors (a credit card company) just sued her for nonpayment. The answer to that question is YES, you can absolutely file for bankruptcy even after a... by Ofer Shmucher | Jun 4, 2014 | Uncategorized
Once a client has determined that bankruptcy is the correct option for them we need to determine what type of bankruptcy they can qualify for. The buzz word that I hear clients, that come into my office, throw around is the Means Test. The client has either read... by Ofer Shmucher | Jun 3, 2014 | Uncategorized
Probably the most common question I get asked, in a free initial consultation, is whether or not a client’s 401k or IRA is protected in bankruptcy. The general answer is YES!! Your retirement account whether it’s a 401k, an IRA, an inherited IRA, or a state or...