Scammers pose as bankruptcy attorneys

Scam artists are targeting people who have trouble paying their bills

Victoria Maydanik Life advice from bankruptcy attorney Leave a Comment

Unfortunately, financial scams seem to be more prevalent than before. The latest scam reported by the courts and National Association of Consumer Bankruptcy Attorneys involves con artists calling intended victims and posing as bankruptcy attorneys to get the victims to immediately wire money to satisfy a debt. The scammers target ...
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Do you have to explain to the court your reasons for filing bankruptcy?

Victoria Maydanik 341 Bankruptcy Meeting, California Chapter 13 Bankruptcy, California Chapter 7 Bankruptcy 2 Comments

I have noticed that many people are hesitant to consider bankruptcy as a viable option because they mistakenly believe that they would have to provide very personal details about themselves and their relationships and personal and financial choices, and mistakenly believe that they would have to give reasons for filing ...
nosferatu

Bankruptcy horror stories (Part 2): Bankruptcy can be a disaster if…

Victoria Maydanik Life advice from bankruptcy attorney Leave a Comment

I recently talked about various negative outcomes of failing to seek qualified and experienced attorney help and representing yourself in bankruptcy (with or without help of bankruptcy preparers) or retaining attorneys who do not focus their practice on bankruptcy law. In this post I will continue discussing various bankruptcy pitfall ...
Mistakes people make when filing bankruptcy

Bankruptcy horror stories (Part 1): Bankruptcy can be a disaster if…

Victoria Maydanik Life advice from bankruptcy attorney Leave a Comment

We have previously talked about bankruptcy success stories. But can the outcome of filing bankruptcy be disastrous? Yes, it can be - and usually the culprit is bad legal advice, or lack of advice.   * Just yesterday, "Kim" attended her 341 Meeting of Creditors. Kim, an elderly woman whose ...
Bankruptcy filing fee to  increase

Court’s filing fees for bankruptcy cases due to increase on June 1st, 2014

Victoria Maydanik News about Bankruptcy Laws 1 Comment

The judiciary periodically adjusts court fees for filing new bankruptcy cases.  As operational costs increase and courts’ budget becomes tighter, it’s no wonder that the adjustments have been increases in the filing fees charged by the courts. ~~~~~~~~~~~~~~~~~~~~~~~~~ Current Chapter 7 court’s filing fee = $306 For cases filed on …

Bankruptcy trustee meeting

21 things NOT to do at the 341 Meeting of Creditors

Victoria Maydanik 341 Bankruptcy Meeting 1 Comment

If you file a bankruptcy petition, you will normally be required to attend one court meeting, called 341 Meeting of Creditors.  This meeting is a very important step to getting your debts discharged. 341 Meeting is brief and fairly informal, and usually boils down to answering some standard straightforward questions posed by …