Victoria Ring
Dead People Cannot File Bankruptcy
The other day, an interesting question came into the 713Training.Com office from a paralegal working on a Chapter 7 bankruptcy petition. The debtor was a widow who claimed most of the debts were only in her husbands name. The paralegal wanted to know if the debts of a dead person should be listed on the bankruptcy petition. She had asked her attorney and he told her to research the topic and get back to him for a discussion.
Victoria Ring
A Quick Lesson in Bankruptcy Exemption Allowances
Exemption allowances in bankruptcy are the amount of money for specific assets allowed by the law for a debtor to keep when filing bankruptcy. During the early years of the United States and up until the mid 1800s, a person could be sent to prison for failing to pay their debts. Not only was the debtor expected to come up with the money to pay back what they owed, but they also had to pay for their imprisonment!
Victoria Ring
Bankruptcy Petition Drafting Tip 14
training in drafting bankruptcy petitions for bankruptcy legal professionals
As a virtual bankruptcy assistant working for bankruptcy attorneys, we have encountered several problems when not asking these questions before drafting the petition. After the attorney has the client fill out the Client Intake Forms and sends them to us, we assume the attorney has already qualified these debtors. But as amazing as it sounds – we have spent many hours inputting information into the bankruptcy petition only to find out the client has not completed the credit counseling requirement.
Victoria Ring
Bankruptcy Petition Drafting Tips for Schedule A
The information contained in this article is solely intended to increase the skills of paralegals and other legal staff who are employed virtually or non-virtually by bankruptcy attorneys. This information is NOT taught in any law school or paralegal training course. If you are a bankruptcy attorney and wish to train your entire staff, call 713Training.Com LLC at 614.875.4496.
Victoria Ring
29 Advantages for an Attorney To Hire a Virtual Bankruptcy Assistant
The new buzz word is virtual. From virtual games, virtual seminars, virtual phones and virtual everything else, the word is becoming a part of our everyday language. Now virtual has extended to service providers. There are millions of virtual assistants who work for doctors, lawyers, small and large business owners every day. In fact, the latest buzz is virtual bankruptcy assistants who are trained professionals specifically working for debtor bankruptcy attorneys. Below are 29 advantages for attorneys hiring a virtual bankruptcy assistant.
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