A creditors’ meeting is required under section 341 of the Bankruptcy Code. In simple terms, it is a meeting of the minds between the parties present at the meeting. The parties that will be present at the meeting will be you, the debtor; the debtor’s attorney, and a representative from the trustee’s office. If you […]
Category Archives: Chapter 13 Bankruptcy
The very first thing you need to do before filing for Chapter13 is to meet with an experienced attorney in your area to talk about your case. Most attorneys will have a bankruptcy questionnaire which you will fill out in advance or at your meeting. The questionnaire is a detailed listing of all of your […]
A Chapter13 plan is a very complicated mathematical computation which is why you should always have an attorney when filing Chapter 13. A Chapter13 plan is determined by three factors, your income, your expenses and your assets. The court only will approve a Chapter13 bankruptcy if you can afford it which is why it’s such […]