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Silverberg Law Firm LLC Blog

Preparing for and Attending the 341 Meeting

Preparing for and Attending the 341 Meeting

Meeting the Trustee- Preparing for and Attending the 341 Meeting A common concern for many consumer debtors who file for Chapter 7 or Chapter 13 relief is attending their 341 Meeting of Creditors. The Meeting of Creditors or 341 Meeting happens for both bankruptcy...

A Brief Guide to Discharging Student Loans in Bankruptcy

A Brief Guide to Discharging Student Loans in Bankruptcy

A Brief Guide to Discharging Student Loans in Bankruptcy If you’re crushed by student loans with no end in sight, you may have thought about bankruptcy. But can you wipe out (or “discharge”) student loans in bankruptcy? Many people think you can’t. And most of the...

Life During Bankruptcy

Life During Bankruptcy

Life During Bankruptcy Perhaps you have experienced a divorce, or a serious illness, or the loss of a job. Life can throw curves that are unexpected and can cause financial devastation. Statistics show that in many cases those who file bankruptcy are better off than...

Bankruptcy Exemptions

Bankruptcy Exemptions

Common Bankruptcy Exemptions  Bankruptcy exemptions protect certain assets in a bankruptcy filing from the reach of the trustee or creditors. These are assets that the debtor is permitted to keep after the bankruptcy. Some bankruptcy exemptions protect the full value...

The Means Test

The Means Test

The Means Test The Means Test determines whether you are eligible to file under Chapter 7.  It is also pertinent to Chapter 13.  It is extremely important. The Means Test was created when Congress revised the Bankruptcy Code in 2005. Under the Bankruptcy Abuse...

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