Monthly Archives: March 2023
Some Basic Information About The 341 Meeting Of Creditors
When you file for bankruptcy, there are several steps you must complete before your bankruptcy case is finalized. One of the most crucial steps you must complete when filing for bankruptcy is attending the 341 meeting of creditors. Below, we explain the purpose of the 341 meeting of creditors and what happens during this… Read More »
Are There Consequences Of Filing For Bankruptcy?
The United States Bankruptcy Code offers people struggling with overwhelming debt an opportunity to start over financially. In the U.S., the two most commonly filed types of bankruptcy are Chapter 7 bankruptcy and Chapter 13 bankruptcy. With Chapter 7 bankruptcy, nonexempt assets are sold, and the proceeds go to paying off debt. On the… Read More »