Modifying a Chapter 13 Plan is not as easy for some in comparison to when putting together the original Plan. You have to take into account, payments made into the Plan, time remaining in the Plan, disbursements made by the Trustee and of course payment changes to the regular monthly mortgage payment. More…
Tag Archives: Bankruptcy Paralegal
Reviewing Bank Statements
What starts off as a relatively routine Chapter 7 bankruptcy case can quickly turn to a headache due to a clients mishandling of their finances. During the preparation of a petition a high importance must be taken in thoroughly reviewing those bank statements. More…
Bankruptcy Paralegal – Cost vs. Experience
As with any business owner you are always trying to find ways to decrease costs and increase profits. We understand these concerns as well but you always have to be mindful of being too frugal, as the saying goes “You get what you pay for.” More…
Bankruptcy Attorneys Leaving Money On The Table
There are instances in which a bankruptcy petition can provide an additional revenue stream instead of the fee an attorney charges for the consultation, preparation and appearance for the debtors bankruptcy petition. More…
Chapter 7 Means Test Analysis Reply
The story begins with a new client we will call Mr. Smith. He comes into your office and explains that he has a substantial amount of debt, but also earns a very substantial income and has no dependents.
He also insists on filing for Chapter 7, as he has heard a friend of his who also earns a substantial amount of income filed for Chapter 7 and received a discharge absolving them of all debt.
Is what’s good for the goose, good for the gander? More…
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