by Ofer Shmucher | Jun 16, 2014 | Uncategorized
No matter what type of bankruptcy you are filing, chapter 7 or chapter 13, you must disclose all of your assets on your bankruptcy petition schedule B. One of the lines on schedule B discusses personal property – “household goods and furnishings.” Debtors have... 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...