Philadelphia Bankruptcy Attorney Blog

The Pennsylvania Statute of Limitations on Debt: Three Costly Mistakes

Philadelphia Bankruptcy Attorney, Dan Mueller — Tue, 31 Jan 2012 21:51:48 +0000

The Pennsylvania Statute of Limitations on debt is a powerful tool for dealing with unfair collection practices. Unfortunately, debtors too often make costly mistakes in applying the Statute. In my Philadelphia area bankruptcy and debt settlement practice, it is not unusual for people . . . → Read More: The Pennsylvania Statute of Limitations on Debt: Three Costly Mistakes

The Pennsylvania Statute of Limitations on Debt Stops Vulture Debt Collectors

Philadelphia Bankruptcy Attorney, Dan Mueller — Tue, 17 Jan 2012 22:33:14 +0000

Debt collectors do not want you to know this, but sometimes a debt is just too old to collect. All states have “Statutes of Limitation” that prevent a creditor from enforcing a debt, if the creditor does not file suit within a . . . → Read More: The Pennsylvania Statute of Limitations on Debt Stops Vulture Debt Collectors

How to Prepare for the Bankruptcy Meeting of Creditors

Philadelphia Bankruptcy Attorney, Dan Mueller — Mon, 19 Dec 2011 00:16:18 +0000

After you file for Chapter 7 or Chapter 13 bankruptcy, you will have a few weeks before the meeting of creditors (341 hearing). Although it is not at all like cramming for a school exam, there are some things that you . . . → Read More: How to Prepare for the Bankruptcy Meeting of Creditors

Questions the Bankruptcy Trustee May Ask at the Meeting of Creditors

Philadelphia Bankruptcy Attorney, Dan Mueller — Tue, 13 Dec 2011 17:42:40 +0000

The bankruptcy trustee’s primary job at a Chapter 7 or Chapter 13 meeting of creditors (341 meeting) is to ask questions and confirm that you have provided complete and accurate information in your petition and schedules. In my experience as a Philadelphia area . . . → Read More: Questions the Bankruptcy Trustee May Ask at the Meeting of Creditors

The Bankruptcy Meeting of Creditors: No Cause for Anxiety

Philadelphia Bankruptcy Attorney, Dan Mueller — Fri, 09 Dec 2011 22:27:24 +0000

One of the most commonly asked questions asked about bankruptcy is “Will I have to go to court?” In most bankruptcy cases, the answer is no. However, you will have to attend a hearing conducted by the bankruptcy trustee called . . . → Read More: The Bankruptcy Meeting of Creditors: No Cause for Anxiety

Just Who Is the Bankruptcy Trustee Anyway?

Philadelphia Bankruptcy Attorney, Dan Mueller — Mon, 28 Nov 2011 22:39:44 +0000

A bankruptcy trustee is assigned to every Chapter 7 and Chapter 13 bankruptcy case soon after filing. Although the trustee in bankruptcy is not a judge, he or she has tremendous influence over a debtor’s case. Yet, few people know what this person does. So just . . . → Read More: Just Who Is the Bankruptcy Trustee Anyway?

Avoiding the Bankruptcy Means Test

Philadelphia Bankruptcy Attorney, Dan Mueller — Thu, 17 Nov 2011 18:23:16 +0000

You might be surprised to hear a consumer bankruptcy lawyer say something positive about the Chapter 7 means test. After all, the test is an unnecessarily complicated scheme that pushes some middle-income people who need to file under . . . → Read More: Avoiding the Bankruptcy Means Test

Bankruptcy and Other Laws Protect Financially Stressed Servicemembers

Philadelphia Bankruptcy Attorney, Dan Mueller — Mon, 14 Nov 2011 18:48:07 +0000

When veterans and members of our National Guard, Reserves, and active duty military experience financial trouble, it is often made worse by the rigors of life in the service. It is an ugly reality that many creditors simply cannot be . . . → Read More: Bankruptcy and Other Laws Protect Financially Stressed Servicemembers

Banks May Freeze Your Accounts After Bankruptcy Filing: Move It or Lose It

Philadelphia Bankruptcy Attorney, Dan Mueller — Mon, 07 Nov 2011 14:35:23 +0000

In most bankruptcy cases, the debtors have enough exemptions to allow them to keep all funds remaining in their bank or credit union accounts. Nonetheless, under some circumstances a bank or credit union can freeze money in a checking . . . → Read More: Banks May Freeze Your Accounts After Bankruptcy Filing: Move It or Lose It

The Bankruptcy Means Test: An Attorney’s Explanation

Philadelphia Bankruptcy Attorney, Dan Mueller — Sun, 30 Oct 2011 20:50:06 +0000

Very little in bankruptcy causes more confusion and anxiety than the Chapter 7 means test. Many people assume that the means test will automatically force them into a Chapter 13 payment plan or prevent them from filing for bankruptcy at all. Although these assumptions are not true in most cases, the confusion is understandable. The . . . → Read More: The Bankruptcy Means Test: An Attorney’s Explanation