#3 of 8 in Series — Previous Article #2: Debtor in Bankruptcy Must Disclose All Assets and Liabilities or Risk Severe Penalties In the vast majority of consumer cases, assets are easily identifiable and can be listed and valued on schedules A and B with limited investigation. However, one asset that may be both difficult […]
Archives for November 2014
Debtor in Bankruptcy Must Disclose All Assets and Liabilities or Risk Severe Penalties
#2 of 8 in Series — Previous Article #1: What Constitutes Property of the Estate in Chapter 13 Bankruptcy and What are the Consequences of Failing to Amend the Schedules? Debtor Has Duty to Disclose All Assets and Liabilities at Start of Bankruptcy Case Regardless of whether an asset is property of the estate or […]
What Constitutes Property of the Estate in Chapter 13 Bankruptcy and What are the Consequences of Failing to Amend the Schedules?
#1 of 8 in Series Property of the Estate in Bankruptcy: Difference between Chapter 7 and Chapter 13 The goal of any chapter of bankruptcy is to try and settle debt with creditors. The difference between chapters 7 and 13 is how creditors go about looking for money. Ch13 is a wage-earner plan, in that […]