In September of last year I wrote a blog describing what a trustee is and what their responsibilities entail. While thinking about it today, I decided it might be helpful to clarify once again the difference between a bankruptcy trustee and a United States Trustee. First, let’s note that a trustee is assigned in Chapter [...]
I have written two blogs, Supreme Court Addresses Issue of Free Speech and Bankruptcy Law and More on Supreme Court Addresses Issues of Free Speech and Bankruptcy Law, on the issue of free speech and bankruptcy law as it was being presented to the Supreme Court in the Milavetz, Gallop & Milavetz, P.A., v. United States [...]
Are you considering refinancing your home after having filed bankruptcy? It may be a wise decision since refinancing may help lower your monthly mortgage payments and your interest rates. Obviously, reducing your expenses in any way possible is advisable. But I would like you to note that if you are self-employed you might want to [...]
I am sure many of you have heard about the economic crisis in the newspaper business. It is due primarily to the increased usage of the internet as a source of news along with the impact of the recession. On January 22nd of this year, the holding company for the Denver Post, Affiliated Media Inc., [...]
In a news release yesterday, the American Bankruptcy Institute announced the statistics for consumer bankruptcies filed in February of this year. There were 111,693 consumer bankruptcies filed nationwide. When you examine the statistics you realize how many people have actually chosen bankruptcy as a solution to their difficulties. For example, those consumer bankruptcies represent a [...]
If you have decided to file bankruptcy, or are seriously considering filing, it would be wise to be aware of certain issues in advance. One of the mistakes some clients make prior to filing bankruptcy is charging large items on their credit cards under the assumption that they will be discharged in bankruptcy. The Bankruptcy [...]
If you need an interpreter at the meeting of creditors you should notify your bankruptcy attorney in advance. Your bankruptcy attorney will contact the trustee assigned to your case or the local office of the U.S. Trustee to arrange for one.
There are interpreters available in 196 languages for debtors at the meeting of creditors in [...]
Like many of you I have been watching the Olympics this past week. I realized that in order to succeed, these phenomenal athletes could not be ashamed of falling. I observed the figure skaters and the skiers. They would fall, make an adjustment, and begin skating or skiing again. This is how I think about [...]
I discovered a link to a Chapter 7 bankruptcy flow chart that outlines the steps of a Chapter 7 bankruptcy case. For those of you who prefer to see the process laid out go the flowchart link and download the pdf.
If you have any questions and live in Denver, Aurora, Arvada, Brighton, Broomfield, Commerce City, [...]
When you are filing personal bankruptcy you must submit pay advices. Let me start by explaining what is meant by a pay advice. A pay advice refers to any document that can serve as written proof of your income. Pay stubs, or printouts of your income and withholding from your employer, are examples of pay [...]
