Your bankruptcy attorney will not only be your legal advisor and lawyer, but they will also be your financial advisor. When you open bankruptcy, there are a lot of questions with no easy answers. I don’t know how long you’ve been in financial trouble, or how much debt you have. Your problems may seem unsolvable right now – but I’m hopeful. bankruptcy attorney Irvine ca
Your bankruptcy attorney will not only be your legal aid, but also your personal guide through this difficult process. It should be someone you can trust and who understands the gravity of the situation.
There’s a lot of other great information on this site so I’ll focus on legal issues in this section. Consider it the cliff notes of what you can expect when filing for bankruptcy.
The bankruptcy court expects you to get credit counseling
Are you planning to file for bankruptcy? If so, the bankruptcy court expects you to get credit counseling from an approved agency. Did you just file for bankruptcy? If so, the bankruptcy court expects you to get credit counseling. Here’s what you need to know:
Just because you know you’re going to have to file for bankruptcy doesn’t mean that you have to lose hope yet. Knowing that bankruptcy will make your financial life easier is one thing, but knowing what happens if you don’t get credit counseling can be the one thing that makes the difference between success and failure after your case is over. After all, the court wants what’s best for you, right?
The first step to filing bankruptcy is to contact a credit counseling agency. The trustee will not consider your case unless you have received credit counseling. anaheim bankruptcy attorney
A bankruptcy trustee doesn’t have to be an attorney.
A bankruptcy trustee doesn’t have to be an attorney. In fact, the court can appoint anyone it wants. This includes cash in your account and even your cars if you have any.
The bankruptcy trustee is a title given to someone who has been appointed by a court as the trustee of an estate. The trustee gathers and sells whatever is distributed to the creditors in a bankruptcy case. While it is easy to assume that only attorneys who specialize in bankruptcy are allowed to act as trustees, this isn’t true. A bankruptcy trustee doesn’t have to be an attorney at all and can be anyone that the judge appoints for the job.
The trustee in Chapter 7 or 11 bankruptcy is either an individual who is appointed by the U.S. Trustee’s Office or a corporation that is appointed by the bankruptcy court. In most cases, a bankruptcy trustee doesn’t have to be an attorney.
