Bankruptcy and the Meeting of Creditors

About six weeks after you file a voluntary bankruptcy petition in Dallas, be it a Chapter 7 or Chapter 13, you will attend the meeting of creditors required by Section 341 of the Bankruptcy Code.  Many people have the idea that the 341 is like the Munich Agreement, and the debtor nervously waits in the [...]

By |2012-02-24T15:25:03-06:00March 5th, 2012|General|Comments Off on Bankruptcy and the Meeting of Creditors

What Is Chapter 13?

In 2011 there were nearly one million applications for bankruptcy protection.  Yet the notion persists that bankruptcy is an embarrassing process that will ruin any opportunity for financial well-being. Chapter 13 bankruptcy, often called the “wage-earner plan” or “repayment plan”, enables a debtor to repay some unsecured debt (such as credit cards and medical bills) [...]

By |2017-05-19T23:38:04-05:00February 25th, 2012|General|Comments Off on What Is Chapter 13?

The Chapter 13 Trustee

"God and I are not equals; I can't bring a case against him.   We'll never enter a courtroom as peers.  How I wish we had an arbitrator to step in and let me get on with life. . .to free me from this terror so I could breathe again.”-Job 9:32-34 Job’s description of the ideal [...]

By |2012-02-23T21:38:42-06:00February 23rd, 2012|General|Comments Off on The Chapter 13 Trustee

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