Author Archives: Noah Bader
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As a bankruptcy attorney, I can tell you that when I meet with a client to discuss the bankruptcy process, one of the greatest worries a client has is the anxiety of attending a court ordered hearing. In bankruptcy this hearing is called the Meeting of Creditors, or 341 Meeting. Believe it or not, this… Read More »
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How does it affect me? Collection activity by “third party” debt collection agencies hired to collect a debt can be very aggressive and threatening. When debt collectors or their attorneys come calling, most of us panic a bit at first. The Fair Debt Collection Practices Act prohibits the very worst behavior by third party debt… Read More »
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In short, YES. Filing a bankruptcy, whether it be Chapter 7 or Chapter 13, will stop the foreclosure process. However, filing a Chapter 7 bankruptcy may not stop the process permanently. When a Chapter 7 bankruptcy is filed, an “automatic stay” goes into effect. This “stay” stops, or at least temporarily prevents collection actions against… Read More »