Archive for Creditor
What Do I Do About a Bogus Proof of Claim?
Possibly the most important issue to handle in a Chapter 13 bankruptcy case is how to handle proofs of claim.
A proof of claim is filed by a creditor after a Chapter 13 bankruptcy case is filed. Its essentially the way for a creditor to raise their hand and say, you owe me money, please pay [...]
How to Defend a Credit Card Lawsuit in Pennsylvania
Consumers from Allentown, Bethlehem, Easton, and the entire Lehigh Valley have recently been receiving lawsuits from credit card companies like Capital One and Discover Card, as well as several other debt collection agencies who’ve gotten more bold and decided to sue debtors for debts that they aren’t paying. Make no mistake, these lawsuits are real, [...]
Dealing With Debt Can Be A Mental and Mathematical Issue
By now everyone’s heard that word the worst economy since the Great Depression, while not certain of that, but one man’s bustling economy can be another man’s depression, and whether or not we’re actually the worst economy since the Great Depression really is irrelevant to the person who hasn’t been able find a job for [...]
How to Handle a Credit Card Case in the Pennsylvania State District Court
It can be unnerving to defend a credit card debt case in front of the magistrate in the Pennsylvania district court system. In Pennsylvania, magistrates generally can hear matters up to $8000, so many credit card cases find their way into the Pennsylvania district court.
The first thing that you need to know about magistrates is [...]
Beware the money pet
Yes, you read that right, beware the money pet. Most of us have seen the movie “The Money Pit” with Tom Hanks and Meg Ryan, but how many people really figure out how much a pet is going to cost before they get one?
Recently I had a potential client in my office who in seven [...]
Question 2 at the 341 Meeting of Creditors: Are you personally familiar with the information contained in the petition?
This is the second in my series of posts regarding questions being asked at the 341 meeting of creditors. As stated in earlier posts preparation is the most important factor in whether your 341 meeting of creditors will go smoothly or be a nightmare. When I was in ROTC, the drill instructor used to say: [...]
Question 1 at the 341 Meeting of Creditors: Did you sign the bankruptcy petition?
This is a first in my series of posts about questions are going to be asked at the 341 meeting of creditors. The 341 meeting of creditors is required whether you file Chapter 7 or Chapter 13 bankruptcy.
The first question you will be asked after stating your name for the record and showing your drivers [...]