The following are a sampling of some typical questions you may be asked during your brief 341 Hearing/Meeting of Creditors: Sell, transfer, or give away anything in the last 3…Continue readingSample 341 Hearing Questions
(1) Cases originating in Allegany, Calvert, Charles, Frederick, Garrett, Montgomery, Prince George’s, St. Mary’s, and Washington Counties are assigned to the Greenbelt Divisional Office, 300 U.S. Courthouse, 6500 Cherrywood Lane,…Continue readingWhere is my 341 Hearing?
Maryland homestead amount is keyed to the inflation adjusted amount of the federal exemptions. Those inflation adjusted amounts can be found here. http://bit.ly/federal-exemptions-2010 Can you double exemptions for joint filers?…Continue readingMaryland Exemptions
Filing timely tax returns is key if you wish to discharge tax debt in bankruptcy. It is possible to discharge income tax debt in bankruptcy, however, not all taxes are…Continue readingTaxes in Chapter 13
Many retirement accounts are exempt when you file for bankruptcy including: 11 U.S.C. § 522 – Tax exempt retirement accounts (including 401(k)s, 403(b)s, profit-sharing and money purchase plans, SEP and…Continue readingRetirement Accounts in Bankruptcy