Do I Need to Know All of My Creditors when I meet with an attorney about the bankruptcy for the first time?No. While policies may vary firm to firm, most offices will have you complete some sort of intake sheet upon arrival. This intake sheet will give the attorney some insight into your situation and potential issues in your case.

  Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for September 12, 2012 AMR bankruptcy plan wins court approval Lehman Recovery Seen as Justifying $2 Billion Bankruptcy Bankruptcy panel sought for Quebec train disaster victims  

 After a prison sentence 4 years ago Michael Vick appears to be making an effort to change for the better. Since being released from prison he’s been working on getting his finances back in order, and thanks to bankruptcy he will soon be out of debt while satisfying outstanding amounts with dozens of creditors to [...]

The automatic stay protects debtors from collection activities after a bankruptcy case has been filed. What about a case where there is insurance coverage available on behalf of the debtor?

If you’re filing a Chapter 13 bankruptcy, know the trustee to maximize your chances of success.

 Americans are used to handling debt.  Most people carry debt of some sort in their daily lives.  Even ones that are handling or managing the debt still feel the stress that comes with that debt.  Despite this fact, most people carry on and seem to get by.  That is, of course, until a creditor begins+ Read MoreThe post What Pushes People In Chicago To File Bankruptcy? ap

My Bankruptcy Law Network colleague

The filing of a Chapter 13 bankruptcy case is a process that takes discipline, attention to detail and a strong effort to succeed.  Chapter 13 involves repaying either all or a portion of your debt over a three to five-year period.  We are talking about a long repayment plan; 36 to 60 months of consistent+ Read MoreThe post Chapter 13 Takes Discipline appeared first on

A recent report completed by the Center for American Progress looks at how the economy could benefit from student loan discharge.

Yesterday Apple announced the premier of the update iPhone.  It looks nice, but I am happy with the older version.  The announcement got me thinking about what a lot of folks think about when they are contemplating filing a Chapter 7 bankruptcy petition in California: