Tag Archives: virtual bankruptcy assistants

Bankruptcy Petition Questions and Answers

Issue 167 The following questions are from attorneys and virtual bankruptcy assistants that we received this past week. The answers are provided by Victoria Ring, a paralegal (not an attorney.)  If you have a question you would like answered by … Continue reading

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Update on NAVBA Annual Picnic

Held on September 5, 2009 Originally two people signed up to attend the NAVBA Annual Picnic but only one person showed up.  At first I was a little disappointed but I realize that it was the holiday weekend and many … Continue reading

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Bankruptcy Seminar Update

I am so excited to tell you about the upcoming September and October Chapter 13 and Bankruptcy Marketing Seminars.  There is nothing else like them that exists and we have a host of testimonials to verify it.  I would like … Continue reading

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New Bankruptcy Bill Just Released by Senate

Prior to recessing, Senator Whitehouse (Democrat-Rhode Island) introduced S. 1624, designed to amend Title 11 of the Bankruptcy Code to provide protection for medical debt homeowners; to restore bankruptcy protections for individuals experiencing economic distress while serving as caregivers to … 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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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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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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