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 4 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 ...

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

Victoria Maydanik News about Bankruptcy Laws Leave a 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 2 Comments

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 …

Do you have to go to court and see the judge if you file bankruptcy?

Victoria Maydanik California bankruptcy Leave a Comment

Usually, no. In most cases, the only court meeting you have to attend is the Meeting of Creditors, which is conducted by the bankruptcy trustee.  The judge is not present, and the meeting is normally held in a conference room in a federal building, not a courtroom. Your bankruptcy attorney …

Can the court deny your bankruptcy petition?

Victoria Maydanik California bankruptcy, Uncategorized Leave a Comment

The short answer is “yes.” Many bankruptcy cases are closed without discharge. Here are the common reasons: – not all of required paperwork was submitted to the court or the trustee – paperwork was submitted, but was not prepared correctly – paperwork was submitted untimely, past the applicable deadlines – …