by Stephen Brittain
There’s no set formula for determining whether you should file bankruptcy. However, there are some indicators that you are in trouble and should be looking for options sooner rather than later. • Do you live paycheck to paycheck?• Do you routinely pay your bills...
by Stephen Brittain
Just so you know . . . I can handle your entire Chapter 7 bankruptcy by long-distance, email, internet and regular US Mail. You don’t even have to leave your house to get the help you need! Read on to find out the details. Is there some reason why you can’t personally...
by Stephen Brittain
The Meeting of Creditors is a hearing which all debtors must attend in a California Chapter 7 bankruptcy proceeding. The Meeting of Creditors is usually held 30 to 35 days after the filing of your Chapter 7 bankruptcy petition. The meeting permits the trustee to...
by Stephen Brittain
The following is a more detailed list of questions that the Trustee may ask at the required 341(a) Meeting of Creditors. SECTION 341(a) MEETING OF CREDITORSREQUIRED STATEMENTS/QUESTIONS 1. State your name for the record. Is the address on the petition your current...
by Stephen Brittain
The bankruptcy trustee is the person who administers the chapter 7 case. His job is to: Reviews the debtor’s claims of exemption. Determines whether there are any assets to liquidate and distribute to creditors. Assess if the debtor is entitled to a bankruptcy...
by Stephen Brittain
There are different types of bankruptcy for different types of debt problems. Chapter 7 is the type of bankruptcy filed by most people. It is sometimes known as “liquidation” or “straight bankruptcy.” In Chapter 7 bankruptcy, a person’s debts can be “discharged” which...
by Stephen Brittain
More people are being sued to collect unpaid debts than ever before. The bad economy means there is less room for creditors to ignore unpaid debts or shrug their shoulders and call it a “cost of doing business.” Many people don’t seriously consider filing for...
by Stephen Brittain
How long will a bankruptcy remain on my credit? This is a serious question. It’s only normal to ask this because people want to rebuild their credit as soon as possible. Let’s talk about that. How will bankruptcy affect my credit? Think about it. If you’re at...
by Stephen Brittain
Because of the economic recession I’m seeing lots of small business owners in the Southern California area who are considering bankruptcy in order to cope with their excessive debt load. They want to know how filing bankruptcy will affect their business. If You Are A...
by Stephen Brittain
It happened again this week. A guy calls me and tells me he just finished up his divorce and needs a fresh financial start so he can get on with his life. To make a long story short: he’s age 69 and only has $1,600 monthly Social Security income. It’s a tough life....
