What Happens to Debt When you Die?
When someone passes away does their debt die with them? Not necessarily. But first things first, in order to protect the credit of the deceased person from fraud, you will want to notify the following entities of the death: All known creditors of the deceased person. If you do not have that information, it would Read More
The Dreaded 341 Meeting aint so bad
341 meeting Today we are going to talk about Bankruptcy 101: The dreaded 341 meeting. What does this even mean? First of all, the 341 meeting is a statutory meeting required in the bankruptcy courts. It’s called a meeting of the creditors. It takes place within 35 days of the filing for bankruptcy petition and Read More
Ways to know you are heading towards bankruptcy
The Bankruptcy Option How to know if you’re heading towards going bankrupt: Let’s be honest here. Most of us don’t make nearly enough money in one month to be able to afford our bills (i.e rent, mortgage, car payment, insurance, doctor bills, credit cards, etc.) and what happens when we are running low on money? Read More
How to prepare for the 341 Meeting of Creditors
After filing bankruptcy so many clients still feel worried and scared. Why? They can be sure that a qualified bankruptcy lawyer would do everything he or she can to put them at ease…and quite frankly, once their case is filed, most of the work is already done! But their next concern is attending the Read More