by Ofer Shmucher | Jul 16, 2011 | Ask the Bankruptcy Attorney, Bankruptcy Process, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Uncategorized
Some of my clients have recently asked me if they can include their 401k loans into the bankruptcy. Typically clients dip into their 401k as a last resort, in an attempt to pay off debts they owe, but they fail to realize the consequences of doing so. Unfortunately... by Ofer Shmucher | Jul 8, 2011 | Ask the Bankruptcy Attorney, Bankruptcy Process, Chapter 7 Bankruptcy, Florida Law, Uncategorized
When my clients come see me, the first thing they ask is what is the timeline if I file for Chapter 7 bankruptcy in Florida. Below is a rough timeline for individuals who file for Chapter 7 bankruptcy using my firms services. 1. Schedule an appointment with... by Ofer Shmucher | Apr 30, 2011 | Client Bankruptcy Cases, Florida Law, Uncategorized
I see many clients who have attempted to stay afloat by taking out loans against their 401k retirement plans. Basically the clients have X saved in a work retirement plan and they have borrowed against it, usually to receive a lump sum payment, and then the client is... by Ofer Shmucher | Feb 27, 2011 | Ask the Bankruptcy Attorney, Bankruptcy Process, Uncategorized
When you file for bankruptcy you automatically get appointed a trustee in your case. You also automatically have a court date scheduled for a meeting of the creditors (341 meeting). At the meeting of the creditors your appointed trustee will be asking you certain... by Ofer Shmucher | Jan 6, 2011 | Uncategorized
When you file for bankruptcy in South Florida you must list all or your assets and all of your debts on your bankruptcy petition. The petition is the paperwork that actually gets filed with the court, and it also includes the list of all your creditors(debts), your...
