San Diego Bankruptcy Lawyers – Once your bankruptcy petition is filed the next step will be the meeting of creditors. Shortly after filing you will receive a notice which is very important. This is telling when the Meeting of Creditors will be and where. This is a hearing that you must attend. Generally, this meeting will take place about 30 days after your filing.
Once you get the notice you will also see there is a second date. This date is for the benefit of your creditors because it mark the deadline for them to object to the discharge of your debts. This can either be an objection to your plan if you filed a Chapter 13 or it could be an objection to the discharge of your debts if you have filed a Chapter 7. If you creditors fail to object within the prescribed period of time than you then, if you are in a Chapter 7, the debt will be discharged. In a Chapter 13 your plan proposal will move forward to the trustee for approval as filed with the court. San Diego bankruptcy attorneys can help you through the process.
In preparation for the meeting, you will want to have answers for the following questions:
Do you own any real estate? If yes, when did you acquire title? How much did you pay for it? Do you have a loan or mortgage? What do you the property is worth today?
Have you sold any property in the last year?
Have you given any property to anyone in the last year?
Does anyone have any property that actually belongs to you?
Are there any lawsuits against you or any pending lawsuits?
Do you owe any medical bills? If yes, how much?
If you or someone else dies, are you entitled to the life insurance proceeds?
Are you suing anyone?
Are you in debt to anyone?
Have you made any payments of over $500 in the last year?
Have you timely filed your tax returns?
What bank accounts to do you have?
We at the Law Office of Harold D. Thompson are La Jolla Bankruptcy Lawyers dedicated to helping you get out of financial distress. If your debts are piling up and you are looking for a “fresh start” call a San Diego Bankruptcy Lawyer that will fight for your rights. Call us TODAY at 619.615.0767 or visit one of our two websites at www.ThompsonLawSD.com or www.MySanDiegoBankruptcy.com
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