Category Archives: Bankruptcy
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Provisions of Section 341 of the Bankruptcy Code Section 341 of the Bankruptcy Code is titled meetings of creditors and equity security holders and contains the provisions for conducting this court hearing. Because it is governed by section 341, the hearing is often called a 341 meeting. The hearing is scheduled to occur 30-45 days… Read More »
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Learn about tools of the trade exemptions Your business and your individual life may be inseparable. This is often true of sole proprietors and small business owners, as well as freelancers who work in a variety of trades such as: Carpentry Entertainment Arts Publishing As a business owner in this situation, you may use property… Read More »
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Taking the first steps to effective debt management The better prepared you are, the more effectively your attorney can advise you on your debt relief options. Before going to your first appointment, record essential information about your debts, assets, income and expenses. This not only gives your lawyer an accurate picture of your financial situation,… Read More »