Blog

Attorney Alexz Adams Speaks With Katherine On “This Needs To Be Said” About The Intangible Benefits Of Filing Bankruptcy

Interviews

Katherine: Hello, everyone. Thank you so much for joining us today on This Needs To Be Said. Our friend, Attorney Alexz Adams, is here and he’s going to talk with us about the intangible benefits of filing bankruptcy. As we’ve talked about bankruptcy on the show before, about it being a way to re-set your […]

Attorney Alexz Adams Talks About “Things You Did Not Know About Bankruptcy” in an Interview with Katherine from “It Needs To Be Said”

Interviews

Katherine: Hello everyone. Thank you so much for joining us today on This Needs to be Said. Our friend from a long time ago, bankruptcy attorney Alexz Adams, is joining us to talk with us about some things that you may not know that you’re going to be affected by during bankruptcy if you have […]

What is a next friend? Guardians in bankruptcy

Articles

The bankruptcy code allows for the appointment of a guardian for debtors who must file bankruptcy, but need some assistance to complete the requirements of the case.   A special process in bankruptcy allows for the appointment of a guardian, in bankruptcy called a ‘next friend’, to assist in the completion of the case.   […]

What is the credit counseling courses required in bankruptcy?

Articles

All successful bankruptcy discharges require a prefiling course, typically online, in consumer credit counseling to be completed, as well as a second curse taken during the bankruptcy in personal financial management, also typically online. These courses are typically $10-$20 or so each, and are paid by you directly, above and beyond attorney fees and court […]

What is the court going after a friend I paid back? Preferences and fraudulent transfers in bankruptcy

Articles

A common fact scenario in bankruptcy is where a client says they are ready to file bankruptcy as they have just paid back their family member a large sum of money. As a client, you are ready to file, but as an attorney your wish you could have met the client prior to that payments. […]

I made a mistake on my bankruptcy filing. How can I amend my case?

Articles

Bankruptcy requires that you do provide information that is required to be complete, accurate, and truthful for the bankruptcy to result in a discharge. 11 U.S.C. 527(a)(1)(A). I think this is the most important notice in bankruptcy. In essence, bankruptcy works for the honest but unfortunate debtor, and it does not work for the dishonest […]

What is contempt in bankruptcy?

Articles

Contempt is being disobedient to or disrespectful of a court of law.   When you file a bankruptcy, you receive an immediate order called an automatic stay. This is the ‘order of relief’ that prevents others from collecting against you. The order is generated automatically, and in each case, there is essentially a (very) brief […]

I am still getting collection calls during my bankruptcy.

Articles

You should not be getting collection calls after your bankruptcy is filed. But it happens. And if it happens, what should you do?   First, take copious notes. Who called, when did they call, why did they call? Take down as much information as possible. If they left a voicemail, save it. Screen shot the […]

What if I forgot to list a creditor?

Articles

You are required to list all your debts and assets in your bankruptcy. But no matter how diligent some debtors are, some debts may not be listed. This is typically because a debtor honestly has no idea they owe the debt or was mistaken regarding the debt listing in the first.   So what happens? […]

My case is discharged but still open. What is that?

Articles

In some Chapter 7 cases, you received your discharge but the case remains open. What does that mean?   It usually means the trustee in your matter is busy gathering and selling assets to pay your creditors. Once the assets are sold, the trustee will file a report with the court proposing to pay certain […]