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What is the meeting of creditors?

1. What is the Meeting of Creditors? The Meeting of Creditors, also known as the 341 meeting, is a required hearing that takes place after your bankruptcy case is filed with the court. At this hearing...

Will I lose my house if I file for Bankruptcy?

The short answer is no. The bankruptcy court will not make you give up your house if you file for bankruptcy. If there is little or no equity in your home at the time that you are thinking about...

Bankruptcy Homestead Exemption in Virginia

When comparing bankruptcy exemptions here in Virginia versus those in Washington, DC, I cannot help but think of Charles Dickens’ opening line in his novel, A Tale of Two of Two Cities, “It was the...

Will I keep my home if I file for Bankruptcy in Virginia?

When people typically ask this question what they are really asking is: Can I file a chapter 7 bankruptcy case and wipe out all of my credit card/medical debt? After all, chapter 7 is the bankruptcy...

Will I pass the Means Test? Will I be able to file chapter 7 bankruptcy

This is a follow up to my last article titled Will I qualify for chapter 7 bankruptcy in Virginia? As stated in that article, if your median income based on your household size exceeds the amount that...

Can Wells Fargo freeze bank accounts because of Bankruptcy

In Romania, the country where my ancestors are from there is an expression, “Don’t go trying to be more Catholic than the Pope.” And when it comes to Wells Fargo and Wachovia, as you will see below...

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