Category Archives for "Client Resources"

Do I Make Too Much to File Bankruptcy?

Calculator

Calculating Income in Chapter 7 Bankruptcy Answering the Question of: Do I Make Too Much? I hear this question on a regular basis; “Do I make too much to file?”  Although the question seems basic, the answer is actually quite complex. I wanted to write this article to answer an initial consideration, before the above […]

Continue reading

How Long Does Bankruptcy Take?

Chapter 7 Bankruptcy – “How Long Does Bankruptcy Take?” So, by “How Long Does It Take?”, what did you mean? This question is easier asked than answered, and the question itself must be defined before jumping into estimations.  I hear this question in my practice here in St. Charles County,  I have found through experience that my clients […]

Continue reading

Bankruptcy Requirement: The “Highest Available Balance”

Bankruptcy

Bankruptcy Requirement:  Account Balances The “Highest Available Balance: On The Day of Filing Shortly after filing a Chapter 7 Bankruptcy in St, Charles County,  you’ll be asked by your lawyer to provide several additional documents to the Trustee pursuant to Bankruptcy Rule 4002 prior to your 341 Meeting.  One of these bankruptcy requirements is proof of […]

Continue reading

Required: Providing Your Most Recent Paystubs to The Trustee

Paystubs

341 Requirement:  Providing Paystubs to The Trustee Watch for the “Filing Letter” Immediately after filing your Chapter 7 Bankruptcy, I’ll send you what we call a “Filing Letter”  Read it carefully as there are important requirements and dates that must be adhered to.  Generally, we do not send out reminders after that letter, so store […]

Continue reading