Category Archives: Bankruptcy Training Other

713Training.com Quick-Start Bankruptcy Training Kit Giveaway

Start Your Own VBA Business With A Quick-Start Bankruptcy Training Kit From 713Training.com!   713training.com has everything you’ll need to start and grow your very own Virtual Bankruptcy Assistant (VBA) business working with bankruptcy attorney’s across the country preparing chapter … Continue reading

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Bankruptcy Petition Drafting Tip #4

Exemption Allowances Vary From State to State Today we had an Arizona bankruptcy petition to draft and we found the exemption allowances were much different from Ohio. For example, the home exemption was $100,000 compared to Ohio, which is only … Continue reading

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The 713Training Team hopes that everyone has a great Memorial Day Weekend.  We receive lots of requests from VBAs and Attorneys for a Checklist that they can give their clients to make it easier for them to collect the necessary … Continue reading

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Retirement Accounts are not always property of the estate.

The following newsletter was written by Heath Issacs, who is one of the speakers at our upcoming Live Training Seminar March 30th and 31st in Utah. There is still time to sign up for this incredible event simply follow the … Continue reading

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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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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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A Typical Example of an INSIDER DEBT in Bankruptcy

— by Victoria Ring, Colorado Bankruptcy Training I worked on a bankruptcy petition this week that involved a couple who had worked at the same job for 25 years.  They owned no real property and no unexempt personal property.  Their … Continue reading

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