Bankruptcy law is complex. It can be overwhelming for the consumer researching the subject to read technical legal jargon, which is why we created the Bankruptcy Basics section of the site. At National Bankruptcy Forum, our goal is to provide readers with useful information about bankruptcy and debt that can be easily understood. In this section of the site, we have published over 100 articles that focus on the basics of bankruptcy, such as exemptions, property issues, filing deadlines, and costs. You’ll want to consult with an experienced bankruptcy attorney before filing for bankruptcy, however. This site is not meant to be considered legal advice.
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Don’t Fear Your Meeting Of Creditors
Your Attorney Will Attend With You The meeting of creditors is provided pursuant to this Section 341 of the United States Bankruptcy Code. The meeting is often referred to as the 341 meeting of creditors or your bankruptcy court date. At the meeting of creditors, you along with your attorney are going to be present…Read more
Trust Is Crucial in Attorney-Client Relationships
The Importance of Trust There is no substitute for building trust with clients. It establishes open lines of communication, increases cooperation and ultimately drives the profitability of a law practice. Clients who trust their lawyer are eager to meet their lawyer’s needs, making the working relationship enjoyable for the lawyer and supporting staff. Yet, increasingly,…Read more
Understanding Client Needs in Bankruptcy
Identifying Client Needs Attorneys who look past strategies to identify the underlying needs of their clients, strengthen relationships in the moment and generate creative solutions for their clients and their practice. I’ve learned to do this in my Charlotte bankruptcy practice, to great results. When we think about needs, we tend to think about things…Read more
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Bankruptcy Online: Why Consumers Turn to the Internet
Last updated Feb. 28, 2018. Every month, there up to 1 million online monthly searches for the term “bankruptcy” on Google. Why? It’s not just the struggling economy. In fact, most bankruptcy lawyers will tell you that a weak economy actually brings bankruptcy filings down because consumers can’t afford legal fees when times are tight….Read more
Chapter 13 Bankruptcy: Advantages and Disadvantages
Most people don’t want to file for bankruptcy at all, but if pressed, will choose Chapter 7 over Chapter 13 every time. After all, who wants to be in bankruptcy for 3-5 years as is required in a chapter 13 case? At first blush, it certainly sounds like a raw deal. Very often I will…Read more
Fruits, Vegetables, Exercise, and…Bankruptcy?
Bankruptcy: the Healthy Choice? If you find yourself deep in debt and are desperately trying to avoid bankruptcy, it might be time for a paradigm shift. Not only does bankruptcy provide relief from debt, it provides relief from chronic stress that can lead to poor health. Constantly worrying about bills and your financial future is…Read more