All of them.
When you file bankruptcy, the court sends a notice to all of your creditors with your bankruptcy case number.
Monthly Archives: July 2014
Is it okay to sell my personal property like my guns or coin collection at a garage sale before I file bankruptcy?
Yes, definitely.
This is called taking a non-exempt asset (like your coin collection worth $1,500) and converting it to an exempt asset (something I can protect) prior to filing bankruptcy.
Will the bankruptcy trustee care if I used a mailing address different than my home address?
No.
What happens to my Mary Kay or Avon side business when I file for bankruptcy?
When we file for bankruptcy, we list your regular income (W2 income with a paycheck from a regular job) along with any other self-employment income (such as Mary Kay).
What happens to my employee stock purchase plan (“espp”) when I file for bankruptcy?
You will probably lose it.
When you file for bankruptcy, your bankruptcy attorney applies various exemptions (protections) to your personal property.
Is someone going to come to my house and inventory all of my personal property when I file bankruptcy?
No.
What should I do if my attorney advises me to take out a loan to pay him to file bankruptcy?
Run away.
Bankruptcy attorneys are technically “Debt Relief Agencies.”
I have a title loan on my truck but want to keep it, what happens to it in bankruptcy?
You have to pay it back.
In a chapter 7, you have to pay the title loan at the same interest rate, balance, payment, and terms as before you filed the case.
Do you have to be married to file a joint bankruptcy petition?
Yes.
What happens if I have an emergency and my bankruptcy attorney is on vacation?
It depends on your attorney.
WIth my clients, they all have my personal email address, and the office line at 801-980-1313 is one of those fancy Google Voice numbers that sends me a text message whenever you leave a voicemail and also allows you to send me text messages, any time, night or day.
This weekend I went to Bear Lake, Utah/Idaho to spend a day building sand castles, jumping off piers, and trying not to get sunburned.
