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The author summarizes his experiences as a bankruptcy attorney in easy to understand terms in this short book. This book is an excellent resource for anyone struggling with debt and contemplating whether bankruptcy may be helpful in their situation. If you are a new lawyer, a student, a paralegal, a petition preparer or just want to better understand how the bankruptcy process works, this book is a must read. The content is broken down into seven chapters and numerous sub-chapters for easy access to the information that you want most. Topics covered include: general information about bankruptcy, credit counseling, what to expect at the 341 Meeting of Creditors, common traps and pitfalls, exemption laws and planning, differences between Chapter 7 and Chapter 13, how to handle liens, foreclosure, garnishments, documents required at your hearing, tax debt, when the trustee can take your house or car, a list of useful websites that provide critical information to the debtor that is filing his own bankruptcy without a lawyer, and much more.
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The author summarizes his experiences as a bankruptcy attorney in easy to understand terms in this short book. This book is an excellent resource for anyone struggling with debt and contemplating whether bankruptcy may be helpful in their situation. If you are a new lawyer, a student, a paralegal, a petition preparer or just want to better understand how the bankruptcy process works, this book is a must read. The content is broken down into seven chapters and numerous sub-chapters for easy access to the information that you want most. Topics covered include: general information about bankruptcy, credit counseling, what to expect at the 341 Meeting of Creditors, common traps and pitfalls, exemption laws and planning, differences between Chapter 7 and Chapter 13, how to handle liens, foreclosure, garnishments, documents required at your hearing, tax debt, when the trustee can take your house or car, a list of useful websites that provide critical information to the debtor that is filing his own bankruptcy without a lawyer, and much more.