Tag Archives: bankruptcy

Life After Bankruptcy

Posted on October 23, 2013 by Scott_Simons

In a bad economy, bankruptcy is an unfortunate byproduct for many Americans.  Filing for bankruptcy can give you a fresh start.   Unfortunately your credit has basically gone down the tubes after bankruptcy.  But on the bright side all your debt … Continue reading →

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Retirement Accounts – Estate Property?

Posted on September 27, 2013 by Scott_Simons

If you’re working on a case where the debtor has a large trust or retirement account, you will want to be aware of how to manage the accounts in regards to schedule Schedule B.  Many debtors will worry about jeopardizing … Continue reading →

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Discharging Taxes in Your Bankruptcy

Posted on September 25, 2013 by Scott_Simons

When declaring bankruptcy, sometimes it is helpful include tax debt in your bankruptcy petition. In order to be able to discharge your taxes however, it is essential that these criteria are met. 1. The IRS has not recorded a tax … Continue reading →

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713Training.com Quick-Start Bankruptcy Training Kit Giveaway

Posted on August 24, 2013 by Scott_Simons

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

Posted on August 13, 2013 by Scott_Simons

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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Bankruptcy Petition Drafting Tip #5

Posted on August 13, 2013 by Scott_Simons

Our bankruptcy attorney had a client that was in the middle of filing a Chapter 7 when her employer promoted her to full-time pay. At the time she originally filed her petition she was only working part-time. When we entered … Continue reading →

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The “How Much Money Can I Make” Syndrome

Posted on August 3, 2013 by Scott_Simons

An important tip to remember when structuring and building your home service business. Would you consider it be unprofessional conduct if you went to a job interview and immediately asked your potential employer: How much money can I make? Of … Continue reading →

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Chapter 7: Student Loan Debts

Posted on July 29, 2013 by Scott_Simons

What can I do about my student loan debt? After a debtor files under Chapter 7, not all of the debts are always discharged when it is complete. It is difficult to convince a court to discharge student loan debts. … Continue reading →

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The Means Test and the Older Vehicle Deduction

Posted on March 24, 2012 by Scott_Simons

Whether you are working on a Chapter 13 or Chapter 7, there is a distinct benefit to claiming the older vehicle expense on the means test.  Depending on your jurisdiction, if a debtor has a vehicle that is either more … Continue reading →

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Upcoming Seminar for VBA’s and Bankruptcy Attorney’s

Posted on January 25, 2012 by Scott_Simons

Ch 7-Ch13 Bankruptcy and Master Marketing Seminar &                          Chapter 13’s Made Easy Seminar Follow the Link to Sign Up: http://www.713training.com/categories/Seminars/ DATE:  Friday, March 30th and Saturday 31st, 2012 TIME:  9:00am – 5:00pm Each Day LOCATION: Sandy, Utah 84070 (20 minutes from Airport) … Continue reading →

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