Whether you file for chapter 7 or chapter 13 bankruptcy a Trustee is appointed in your case to ensure the integrity of the bankruptcy system. The role of the trustee differs depending on the type of bankruptcy filed.
Hiring a qualified bankruptcy attorney is detrimental to the success of your bankruptcy case. In these trying economic times, more and more people are filing for bankruptcy. As a result, many attorneys believe they can add bankruptcy to their practice to increase profits. But unless you hire an attorney seasoned in bankruptcy law, you may be putting your future at risk. Here are four questions to an ask a prospective bankruptcy attorney before you hire them:
The decision to file for bankruptcy is not one to take lightly. With the multiple bankruptcy plans available and the changes to bankruptcy law that occurred in 2005, it is important to be an informed about options from various scenarios. If you are considering filing for bankruptcy but have concerns about what may happen should your income change, here is an overview of the facts.