Press Room

What Not To Do At Your 341 Meeting

Your meeting with the bankruptcy trustee will occur approximately 30 to 45 days after you file your case. This meeting is called by many names, but is all the same meeting: the 341 Meeting (because section 341 of the Bankruptcy Code requires the meeting); the Trustee’s Meeting (because an interim bankruptcy trustee conducts the meeting);...

Your Basic Bankruptcy Forms

Section 521 of the United States Bankruptcy Code contains a laundry list of duties that the debtor is expected to perform when filing bankruptcy. Of course, many of these duties are performed with the assistance of your bankruptcy attorney. This list includes filing documents with the bankruptcy court, delivering records to the trustee or creditors,...

Rich Dad, Poor Dad, Bankrupt Dad

Robert Kiyosaki, author of the book, "Rich Dad, Poor Dad" filed for corporate bankruptcy for one of his companies, Rich Global LLC. Kiyosaki’s best selling book was the first in a profitable line of self-help financial books including "Retire Young, Retire Rich," and "Midas Touch," co-authored with real estate mogul Donald Trump (who has previously...

How Will The Presidential Election Affect Bankruptcy

In 2005, Congress passed sweeping changes to the federal Bankruptcy Code that placed heavy burdens and restrictions on debtors needing bankruptcy relief. The purpose of the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCBA) was to make it more difficult for debtors to file a Chapter 7 Bankruptcy. Under Chapter 7 many debts are discharged....