Tag Archives: Chapter 7

What is the §341 Meeting of Creditors?

Most people only have to attend one meeting when they file a bankruptcy which is called the Meeting of Creditors. This meeting is outlined in 11 U.S.C. §341 so bankruptcy attorneys often call it the “341 meeting” or simply a … Continue reading

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What are my options for paying my bankruptcy filing fee?

Short answer: (1) pay in full, (2) pay in installments, or (3) apply for a fee waiver. 1. Pay in full This is the easy option for both me and for the client. When you make a payment to my … Continue reading

Posted in Bankruptcy, Chapter 13, Chapter 7, Court Filing Fee, Fee Waiver, Fees, Filing for Bankruptcy | Tagged , , , , , | Leave a comment

How do I get a free credit report?

How do I get a free credit report? Short answer: go to http://www.annualcreditreport.com and request a free credit report. One of the most important things you need to do when preparing for a bankruptcy is to identify all your creditors. … Continue reading

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Can I keep the items I bought from RC Willey when I file for bankruptcy?

Can I keep the items I bought from RC Willey when I file for bankruptcy? Short answer: yes, if you want keep the item but you have the option to surrender the item. About 4 to 6 weeks after you … Continue reading

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How much does it cost to file a chapter 7 bankruptcy?

Short answer: there are two fees you will have to pay—attorney’s fees and the Court filing fee. 1. Attorney’s fees: depends on the complexity of your case but usually between $900 and $1,800. 2. Court filing fee: $335. Whenever I … Continue reading

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How do bankruptcy attorneys get paid?

Short answer for chapter 7: bankruptcy attorneys get paid in full by the debtor before the case is filed. Short answer for chapter 13: bankruptcy attorneys get paid through the chapter 13 plan. This is a common question I get … Continue reading

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What happens if I do not give my bankruptcy trustee a copy of my next year’s tax return?

Short answer: revocation of discharge (this is bad). Nearly every bankruptcy trustee asks you to send to him/her a copy of your tax return. If you do not send the trustee a copy of your tax return then the trustee … Continue reading

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