Short Sale By Chapter 7 Trustee

In the Western District of Washington – encompassing Seattle, Tacoma, Vancouver, and Bellingham – it is fairly common for the chapter 7 trustee to conduct a short sale on a debtor’s real property, if a few conditions are met.  The chapter 7 trustee might conduct a short sale on a debtor’s real property if: The debtor is in default on … Continue reading »

Lessons From the Casey Anthony Bankruptcy

The Casey Anthony bankruptcy is a good illustration of the two immutable rules of bankruptcy: Everything can be monetized. If it can be monetized, the chapter 7 trustee will liquidate it. In case you’ve been living under a rock for the last couple of years, the Casey Anthony bankruptcy case is as follows.  Casey Anthony was accused of murdering her … Continue reading »

Chapter 7 Trustee

The chapter 7 trustee is a private party who is appointed by the US Trustee’s Office to oversee chapter 7 cases.  Most chapter 7 trustees are attorneys, but some are CPAs or people with backgrounds in business.  The chapter 7 trustee conducts the 341 meeting of creditors, reviews the petition for accuracy, collects and liquidates assets, makes the asset report … Continue reading »

Discharge Traffic Tickets In Chapter 7

It is possible to discharge traffic tickets in a chapter 7 bankruptcy.  Many lawyers will tell you that you cannot discharge traffic tickets in chapter 7 at all; and, that you have to file a chapter 13.  However, that is not true.  This is one of the funny technicalities of the Bankruptcy Code that less experienced lawyers overlook. Section 523(a)(7) … Continue reading »

Your Credit Score and Bankruptcy

As a Seattle – Kent bankruptcy lawyer I don’t just help my clients file bankruptcy, I also help them prepare for life after bankruptcy.  One question that I hear a lot is “what will happen to my credit  score if I file bankruptcy?”  Before I answer that question, I just want to address the reason that people ask that question.  … Continue reading »

Chapter 7 Bankruptcy Advantages

Part of filing bankruptcy is choosing the right chapter to file under.  In my experience as a Seattle – Kent bankruptcy lawyer I have helped people not just file bankruptcy, but find the right bankruptcy chapter for their situation.  Chapter 7 is the best choice for most of my clients.  This is because a chapter 7 bankruptcy is the fastest, … Continue reading »

Keeping Your Car – Reaffirmation Agreements

If you want to keep your car after a chapter 7 bankruptcy, you must complete a reaffirmation agreement.  I can help you with the reaffirmation agreement.  A reaffirmation agreement is one area where it helps to have to have the experience of a Seattle – Kent bankruptcy lawyer to assist you. If you do not sign a reaffirmation agreement, then … Continue reading »

Choosing Chapter 7 Bankruptcy

One of the hardest things about filing bankruptcy is figuring out what chapter you should file under.  You can file under either chapter 7 or chapter 13.  Each chapter has its upsides and its downsides.  Some people have heard a rumor that chapter 7 was abolished or that it’s hard to qualify for chapter 7; but, that’s not true.  The … Continue reading »

Chapter 7 vs. Chapter 13

Depending on your case, you’ll file either in a chapter 7 or a chapter 13 bankruptcy. Most people file chapter 7 bankruptcy, because it is the fastest and easiest way to get out of debt. Still, Chapter 13 is useful if you have extremely valuable property or if you’re trying to stop a foreclosure. This post will provide information each … Continue reading »