Author Archives: Victoria Ring

What to Do When You Have Missing Pay Stubs for a Bankruptcy Petition

It’s difficult to believe that it’s been almost 2 weeks since I started packing for the 713Training seminar in Atlanta, GA, but it has. On Day 1, we covered marketing and how to get business, and on Day 2, we … Continue reading

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Where is the “Catch” in the Virtual Bankruptcy Assistant Business?

Where is the “Catch” in the Virtual Bankruptcy Assistant Business? One of the services offered by 713Training.com is personalized one-on-one training with a dedicated instructor. On April 9th, Michael Hastings of Denver, Colorado came out to Salt Lake City, Utah … Continue reading

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How to Report Debtor’s Income Tax Due When Not Withheld

Often as a person’s or couple’s financial situation experiences difficulty, the first thing they do to have more money available, is have their payroll department adjust their income tax withholding by adjusting the exemptions they claim, by filling out a … Continue reading

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When Can You Cram Down a Car?

I’m often asked when a car can be crammed down in bankruptcy. First of all, what is a car cram down? When a debtor owes more on their car than it is worth, a cram down will “cram down” the … Continue reading

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What to Do When Only One Spouse is Filing Bankruptcy

It seems we have seen a run of married couples lately, where only one of the spouses in the marriage is filing bankruptcy.  Why is this an issue? When only one spouse in a married relationship is filing bankruptcy, and … Continue reading

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How VBAs Can Help Protect Their Attorneys

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 … Continue reading

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Protecting Your Attorney’s Interests

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… Continue reading

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PayPal Accounts and Bankruptcy

We had an interesting situation this week that turned out badly for the debtor. We had trustee request information from the debtor in regards to a PayPal transfer of $1,000 the day before the debtors bankruptcy petition was filed. What … Continue reading

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Does a Bankruptcy Petition Expire?

Because we are at the end of a month, and I am running into some bankruptcy petitions that are expiring, I felt it an appropriate time to write an article about this subject. For starters, does a bankruptcy petition really … Continue reading

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Update on Chapter 13 Training Seminar

UPDATE ON CHAPTER 13 TRAINING SEMINAR Last week I announced that we only had 8 seats left for the Chapter 13 Seminar Training in Los Angeles on August 14. We are happy to report that we have exceeded that number. … Continue reading

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