filing of bankruptcy

Is There a Possibility of Elimination of Due Child Support Payments in Bankruptcy?

Call: 888-297-6203 A bankruptcy filing can be a great way for you to get rid of the debt and to start the financial life afresh. But, there are some debts, like student loans or child support payments, which are not eliminated in bankruptcy. However, the good news is that you might be able to catch up with your missed child support payments, through a Chapter 13 repayment plan. Reason for Elimination of Child Support Payments in Bankruptcy According to Congress and the federal government, some debts like child support payments are too important to be unfairly eliminated by [...]


Being Prepared For Your Meeting of Creditors

The meeting of creditors or a 341 hearing is a mandatory process conducted by the bankruptcy trustee when there is a filing of bankruptcy. During a filing of bankruptcy, the petitioner provides several documentations related to the situation including the petition and schedules. In the hearing process, the trustee gets the opportunity to ask the petitioner questions regarding the furnished information. The answers to these questions have to be answered under oath. If you are an individual who has filed bankruptcy, it is imperative that you have to be part of this meeting of creditors. Needless to say, [...]