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What is Lien Stripping?

There are a lot of creative things debtors and their attorneys can do with secured claims in a Chapter 13 bankruptcy case. One of these things is the…

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Disclosure – The Key to a Successful Bankruptcy Case

Debtors in bankruptcy have a duty of disclosure that includes the requirement to disclose all their assets, debts, and income. Though many debtors might be tempted to omit…

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Types of Debt in a Bankruptcy Case

Secured? Unsecured? Priority? There are many nuances in bankruptcy and many terms that have a unique legal meaning in bankruptcy law. Depending on which chapter filed, each type…

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Can I Discharge my Student Loans in Bankruptcy?

It is almost impossible to graduate from college without student loan debt. According to one report, about 70 percent of 2013 graduates had about $30,000 of debt. While…

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Pre-Filing Credit Counseling Requirement

There are a number of steps to take before filing for bankruptcy. One of these required steps is completing a pre-filing credit counseling briefing. The main purpose of…

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What is the Meeting of Creditors?

If you have been researching the process of filing for bankruptcy, you may have read about a required “meeting of creditors” or “341 meeting.” These terms refer to…

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