Articles from DIAMOND LAW on Bankruptcy and Related Topics

Primary tabs

Are You Fearful of Your Upcoming 341 - First Meeting of Creditors??

Submitted by Anonymous (not verified) on Sat, 06/23/2012 - 01:43

When I mention to clients that they will be required to appear at a 341 First Meeting ofsurrounded by creditors, 341 meeting, First Meeting of Creditors Creditors, most of them cringe and become nervous immediately. They imagine a Meeting where they are interrogated and questioned about every aspect of their case.  In El Paso, the Creditors Meetings are nothing to be nervous about.

Bankruptcy Lawyers VS. Lawyers Practicing Bankruptcy Law

Submitted by Anonymous (not verified) on Mon, 06/18/2012 - 20:32

frustrated women needing bankruptcy adviceMy Dad has really had his hands full - he’s been an incredible caregiver to my Mom who unfortunately has the dreaded disease Alzheimer’s.  He finally hired Judy to clean once a week for a couple of hours and she has also helped care for Mom with love and kindness. 

Is the Stigma of Bankruptcy Worth It?

Submitted by Anonymous (not verified) on Fri, 06/15/2012 - 00:57

Answer:  YES!!
Bankruptcy is a scary wobankruptcy, fresh start, debt reliefrd to many because: it's something you will never recover from; you'll never buy a home or a car again; you will have to surrender all of your assets and be left with nothing. Good reasons to be afraid, however the above statements could not be more wrong. They are inaccurate and only a part of the stigma that has been created for Bankruptcy.

Bankruptcy for our Military

Submitted by Anonymous (not verified) on Tue, 06/12/2012 - 23:53

Since we practice law in El Paso, Texas, home of Ft. Bliss, one of the largest military bases inbankruptcy & the military the USA, we represent many Officers and Enlisted Soldiers.  We see lots of prospective clients who are currently in the military and have moved to El Paso from all over the world.

Lifestyle Changes After Filing Bankruptcy

Submitted by Anonymous (not verified) on Wed, 06/06/2012 - 23:41

life after bankruptcy, life after filing bankruptcy, life after ch 7, life after ch13, life after filing ch 7, life after filing ch13I have been working with people who have filed bankruptcy (Chapter 13) for about three years now.  I never really understood the stress and hardship that bankruptcy can put on a family.  It has made me more aware of how to deal with my own finances and to appreciate what I have.

Bankruptcy Requirement - Where's All Your Documents?

Submitted by Anonymous (not verified) on Wed, 06/06/2012 - 01:17

Bankruptcy requires more than just signing papers and you’re headed out the door.  It‘s hardly like that at all. When we present the list of documents required to our clients, I can never stress enough how important these documents are and how important it is to keep thembankruptcy documents, filing bankruptcy updated.

If Divorce Wasn't Bad Enough - Now Bankruptcy!

Submitted by Anonymous (not verified) on Wed, 05/30/2012 - 22:41

divorce and bankruptcyUnfortunately going through divorce is not just an emotional roller coaster but it's also a financial disaster. It has been my experience that most married couples rely heavily on two incomes. Losing an income makes it impossible to maintain their household when dealing with separation or divorce.

Bankruptcy Errors to Avoid - Part 2- First Meeting of Creditors

Submitted by Anonymous (not verified) on Thu, 05/24/2012 - 02:23

reminder to attend 341 meeting, reminder to attend First Meeting of CreditorsEveryone who files a bankruptcy, Chapter 7,  Chapter 11, Chapter 13 - consumer or business must attend a First Meeting of Creditors (341 Meeting).  Although it is called a First Meeting of Creditors in most consumer filings rarely does a creditor make an appearance.  What actually happens is the client, with his/her attorney appear and answer questions to the appropriate Tr

Welcome to our New Eastside Bankruptcy Office for Chapter 7,11,13

Submitted by Anonymous (not verified) on Thu, 05/17/2012 - 01:21

I am pleased to announce Diamond Law has opened a 2nd location on the eastside of El Paso.  For about a year we had a small office on the eastside opened 2 days a week, but now we finally took the plunge and opened up a beautiful (I decorated) new office to better serve El Pasoans.  I always heard that El Paso was one of the largest cities per square mile in the country. El Paso covers  1013 square miles - all the more reason to add a second office. 

Bankruptcy Errors to Avoid - Part 1- Missing Creditors

Submitted by Anonymous (not verified) on Tue, 05/15/2012 - 17:57

There is one call every bankruptcy lawyer dreads getting from a client after their case has been closed.  The call  regarding a missing creditor - a creditor not listed on their bankruptcy schedules and now the creditor is making demands for payment or a lawsuit has been filed against the client by this creditor.  It's a common mistake and one that unfortunately happens all too frequently.  The Bankruptcy Courts are divided on whether or not a no-asset chapter 7 case can be reopened to add a new creditor.

Pages