Virtual Bankruptcy Assistants (VBA’s) do a lot of things for the attorneys that they work for, not the least of which, is helping to protect them.
This could be something as simple as protecting them from deficiency notices by just doing a good job on the petitions prepared for him/her.
Taking this a step further, what about helping to protect your attorney from potentially fraudulent debtors that may have something to hide?
Recently I was working on a petition for an attorney where only the husband was filing a Chapter 7.
The debtor had a fairly unique name, and so I decided to do a Google search on his name.
As I perused the Google results, I came across something interesting…the debtor was listed as being a member of a yacht club, and was the owner of a 28’ yacht. It even listed the name of the yacht.
“Hmm”, I thought; “That boat isn’t listed on the client intake form”.
Before you read on, think for a moment about what you would do. Here is what I did…