The Meeting of Creditors, sometimes called the 341 Meeting after the section of the bankruptcy code that describes it, is a meeting held with your bankruptcy trustee and your creditors around six weeks from the date when your bankruptcy attorney filed your bankruptcy petition.
Approximately 15 days after your Chapter 7 bankruptcy filing, the court will [...]
In the Chapter 7 process, the Statement of Intention is a written statement that outlines your intentions to keep or surrender your secured property, such as a home or car.
Typically drafted by your bankruptcy attorney, this must be filed without 30 days of filing your bankruptcy petition or before the creditors’ meeting, whichever comes first.
The [...]
The Debtor Education Course – Your “Ticket Out” of the Bankruptcy Process
The Debtor Education Course is a mandatory part of the Chapter 7 bankruptcy filing process, which must be completed after your bankruptcy attorney has filed your bankruptcy petition, but before you receive a discharge.
Courses are available in person, by phone and via the Internet. [...]
Before you’re legally allowed to file for Chapter 7 bankruptcy, you’ll have to complete a Credit Counseling Briefing with an agency listed in the registry of the U.S. Trustee’s office.
Keep in mind: this requirement is not optional. Many bankruptcy cases have been thrown out because the individual filing did not complete or file the credit [...]