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The Bankruptcy Meeting of Creditors: No Cause for Anxiety

Bankruptcy Meeting of CreditorsOne 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?

Trustee_in_BankruptcyA 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?

Making Your Bankruptcy Consultation Count

Free bankruptcy ConsultationMany  bankruptcy attorneys, myself included, offer potential clients a free debt consultation.   Although these meetings vary from lawyer to lawyer, at the very least your bankruptcy attorney should review your financial situation, discuss possible solutions (such as Chapter 7, Chapter 13, and . . . → Read More: Making Your Bankruptcy Consultation Count

Avoiding the Bankruptcy Conversation Can Be Costly

Bankruptcy OptionsIn my Philadelphia bankruptcy and debt negotiation practice, I regularly meet clients who are reluctant even to talk about bankruptcy.  Sometimes, they have heard horror stories or read misleading information.  Other times, they believe that filing for bankruptcy means that they have failed, regardless . . . → Read More: Avoiding the Bankruptcy Conversation Can Be Costly

Debtors’ Prison: Knowedge is the Key to Escaping Debt

Debtors' Prison and Bankruptcy

It is not uncommon for debt collectors to threaten people with arrest, pass themselves off as attorneys, and even police officers.  Fortunately, there is no debtors’ prison in the Untied States, and such activities are prohibited by law. (We . . . → Read More: Debtors’ Prison: Knowedge is the Key to Escaping Debt