Monday, September 30, 2013

HOW OFTEN CAN I FILE BANKRUPTCY?

The bankruptcy laws specifically state when you can re-file bankruptcy after previously receiving a discharge.  If you file for a second time and the statutory period has not concluded from the first bankruptcy, you will not be able to obtain a discharge.  For example, you cannot receive a second Chapter 7 discharge within eight years of the filing of your last Chapter 7 bankruptcy.  Also, you cannot receive a discharge on a Chapter 13 bankruptcy case if it was filed within two years from the date your last Chapter 13 bankruptcy was filed.  Finally, if you previously receive a discharge from a Chapter 7 case, you cannot receive a discharge from a Chapter 13 case that was filed within two years of the filing date of your previous Chapter 7 case.  Understandably, this can be very confusing so if you have previously filed bankruptcy, but believe it is currently in your best interests to do so again, please contact one of our experienced bankruptcy attorneys for a free consultation.

http://www.westmontattorneys.com/Bankruptcy/

Tuesday, September 3, 2013

WHAT HAPPENS IF I DO NOT ATTEND MY 341 CREDITOR'S MEETING?

If a debtor fails to attend a 341 Creditor's Meeting, the trustee does have the option to dismiss the case, although this usually will not happen.  In most instances, the trustee will continue the 341 meeting to a future date and give the debtor one more opportunity to attend.  If you do miss a meeting, it is important that you contact your attorney immediately, if you have retained one, in order to resolve the situation and learn of the new meeting time if the trustee decided to continue it.  Either way, if you know you will have a conflict with a scheduled 341 meeting, it is best to have your attorney contact the trustee prior to the meeting date to make the appropriate arrangements.

http://www.westmontatorneys.com/Bankruptcy/