What to expect at a 341 hearing?
A 341 hearing is a meeting of creditors and is an important part of every Chapter 7 and Chapter 13 bankruptcy case. At the 341
Let the Chapter 7 Trustee Sell Your Final Business Assets and Pay Your Special Debts
Give the bankruptcy trustee the headache of dealing with your final business assets. The owner of dying business tends to have a hard time figuring
When Bankruptcy Is the Responsible Thing to Do
The best New Year’s resolution for improving your life: Find out your legal options for tackling your debts, and then act on what you learn.
“Asset” and “No Asset” Closed-Business Chapter 7 Cases
When the sole proprietor of a just-closed business files a personal Chapter 7 bankruptcy case, the trustee may or may not have assets to liquidate
Advantages of Paying Your 2012 Income Tax through Chapter 13
If you expect to owe 2012 income tax, you may be able to take care of it simply by paying less to your other creditors.
Keeping It Simple in a Closed-Business Chapter 7 Case
Using a Chapter 7 case to clean up after closing down your business will be easy or not depending largely on three factors: business assets,