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What Is Chapter 7 Bankruptcy?

Published on August 3, 2010 By ssanchez

If you are faced with financial difficulties and bankruptcy is your only option, you should definitely be aware of the process for filing Chapter 7 bankruptcy.  It is legally known as Chapter 7 bankruptcy for it is the chapter designated in the bankruptcy law.  Chapter 7 bankruptcy is also known as the liquidation bankruptcy.  It [...]

What Is The 341 Meeting?

Published on June 14, 2010 By ssanchez

Whether you are filing Chapter 7 bankruptcy or Chapter 13 bankruptcy, you will be scheduled a 341 meeting.  This 341 meeting is not conducted inside a court, nor is there a judge involved.  There is only 1 trustee who will preside over the this meeting, which is also known as the meeting with the creditors.  [...]

What Are The Steps To File For Bankruptcy

Published on June 11, 2010 By ssanchez

Many Americans are feeling the economic hardships and are driven into bankruptcy for one reason or another.  Many do not understand bankruptcy or the process to file for bankruptcy.  In this guide, I will try to explain the process of filing for bankruptcy. No matter if you are filing Chapter 7 bankruptcy or Chapter 13 [...]