Category: Chapter 7 Bankruptcy

Chapter 7 Process Timeline & FAQ

Chapter 7 Bankruptcy Timeline Prior to Filing a Bankruptcy Case In the last 8 years did you: ~~ File for a Chapter 7 bankruptcy and receive a discharge? If it has been less than 8 years ago then you will be ineligible to receive another discharge at this time. (§727) ~~ File for a Chapter […]

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What documents are needed for my 341 hearing?

You must attend the 341 hearing which will be held by zoom or telephone conference, and you must submit the following documents, or else your hearing will be rescheduled if they don’t have certain documents 7 days prior to your meeting: 1.  Picture ID, such as a driver’s license or passport. 2.  Your original social […]

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Sample 341 Hearing Questions

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 years? Owned or operated a business in the last two years? Did you read the bankruptcy information sheet? Did you review and sign your petition […]

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Maryland Exemptions

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? (General principles) If you are married and filing together, you and your spouse must use the same law; one cannot use federal law while the […]

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