bankruptcy trustee

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Does the Bankruptcy Trustee Come to My Home?

2017-01-20T00:06:01-05:00

No, the bankruptcy trustee, in either chapter 7 or chapter 13, does not come to your home. Pretty quick answer, right? In over a thousand Florida bankruptcy filings to my name, only 1 client has had a bankruptcy trustee's representative appear at the debtor's home for an inspection. This was due to a misunderstanding at the meeting of creditors. The potential for a home visit is extremely rare and usually would be due to suspicion of [...]

Does the Bankruptcy Trustee Come to My Home?2017-01-20T00:06:01-05:00

Transferring Assets and Bankruptcy – Like Oil and Water, They Don’t Mix Well

2017-01-20T00:06:01-05:00

Never, ever transfer an asset prior to filing bankruptcy - or definitely not before talking to me. Transferring the title to your Harley to your cousin Mike or your boat to your best friend Bob does not protect the asset from the trustee. Likely, you made it impossible for me to help you keep it. Sometimes it is referred to as a "fraudulent conveyance". This can me one of two things, or both. First, a debtor [...]

Transferring Assets and Bankruptcy – Like Oil and Water, They Don’t Mix Well2017-01-20T00:06:01-05:00

Bankruptcy Exemption Planning: What To Do or What Not To Do

2017-01-20T00:06:01-05:00

I will be discussing some things to do and not to do before filing bankruptcy. Or, it can be considered exemption planning. First thing not to do before filing bankruptcy  - pay friends or relatives money that you owe them. This is called a preference. You cannot choose to pay your friends or relatives back money that is owed to them in preference to all of your other creditors. In the eyes of the bankruptcy [...]

Bankruptcy Exemption Planning: What To Do or What Not To Do2017-01-20T00:06:01-05:00