Monthly Archives: July 2009

Save Time. Bankruptcy Petition Preparation Tip

When you are preparing the bankruptcy petition, DO NOT select exemptions for assets on Schedule A and B until AFTER the bankruptcy petition is complete. This is due to the fact that as you work through the data, gathering information … Continue reading

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What is the Deal Breaker in Your Bankruptcy Petition?

a training lesson for professionals who prepare bankruptcy petitions In my opinion, there is a deal breaker in almost every bankruptcy petition that I am involved with. What do I mean by a deal breaker? It is the one debt … Continue reading

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Quick Tip: When does a 401K Loan Become a Wage Garnishment?

Today I was doing a bankruptcy petition review for a virtual bankruptcy assistant prior to giving the petition to her attorney. One mistake she made was in listing the 401K Loan as a Wage Garnishment. Since many people make this … Continue reading

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Questions and Answers from Debtor Bankruptcy Professionals

QUESTION: My attorney sent me a credit report to get debt information from. Many debts on the credit report show a $0.00 balance. Does this mean the debtors do not owe the debt? ANSWER: When a credit report shows a … Continue reading

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Chapter 13 Training Seminar Overview

http://713training.com/seminar/ ONLY 8 SEATS LEFT The August 14, 2009 Chapter 13 Training Seminar is the third one we have held for attorneys and virtual bankruptcy assistants working in debtor bankruptcy law. The location for this one, scheduled to be held … Continue reading

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Questions and Answers for Debtor Bankruptcy Professionals

QUESTION: I am a mortgage broker and often have clients who need to file bankruptcy. Could I provide that service to them or does it have to be done through an attorney? I have an extensive background in all kinds … Continue reading

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The Truth Behind the Bogus Credit and Rapid Import Features Provided by Bankruptcy Software Companies

At this point in time, all bankruptcy software programs were written by programmers who have never had any experience preparing bankruptcy petitions. Therefore, I think it would be good business practices that the software companies listen to the bankruptcy professionals … Continue reading

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Update on VBA Intern Program

First of all, allow me to congratulate all the people who have been working hard to pass the VBA Exam and the Chapter 13 Concepts Exam in an effort to enter our VBA Intern Program. Several people are in various … Continue reading

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Attorney Matthew Williamson and Victoria Ring to Speak at Chapter 13 Training Seminar

Date: August 14, 2009 Place: Hacienda Hotel, 525 N. Sepulveda Blvd, El Segundo CA 90245 More Information: http://713training.com/seminar/ To Register: http://www.713training.com/shop/cart.php?m=product_detail&p=100 Matthew Williamson is an attorney at law in California, with offices in Monterey and Santa Cruz. He received a … Continue reading

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Another Way to Find Bankruptcy Statistics

Did you know that you can use PACER to obtain more recent bankruptcy statistics than the American Bankruptcy Institute? I kept checking www.abiworld.org for the past 6 months, waiting on the statistical data for the first quarter of 2009. In … Continue reading

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