Blog Posts in April, 2010
Posted on Apr 28, 2010 By Infinity Law Group
All of your property, regardless which state it is in, will be considered in a bankruptcy. However, there are exemptions that might be available for you to keep the property away from your creditors. ...
Continue reading "What Happens If I File Bankruptcy In Massachusetts But Own Property In Another State?" »
Posted on Apr 26, 2010 By Infinity Law Group
You’re ready to file for bankruptcy and you’ve gone as far as setting up a consultation with a Boston area bankruptcy attorney. These are a short list of items you should bring with you to ...
Continue reading "Information to Bring to Your Bankruptcy Consultation" »
Posted on Apr 23, 2010 By Infinity Law Group
Involuntary bankruptcy is when the creditors, rather then the debtor, files the petition in bankruptcy. Involuntary petitions are unusual and rare, however, they are occasionally used in business ...
Continue reading "What is involuntary bankruptcy?" »
Posted on Apr 22, 2010 By Infinity Law Group
A bankruptcy Trustee is a court appointed officer who is in charge of administering a bankruptcy estate. A Trustee is not a judge. A Trustee has different duties, which depend on whether the case is a ...
Continue reading "What is a bankruptcy trustee and what is their role in the bankruptcy process?" »
Posted on Apr 21, 2010 By Infinity Law Group
Executory contracts are contracts whose terms have not been completely fulfilled. If there are 2 parties to a contract, each has to fulfil his or her obligation otherwise there will be what we ...
Continue reading "Executory Contracts in Bankruptcy" »
Posted on Apr 20, 2010 By Infinity Law Group
A 341 meeting in a Chapter 7 bankruptcy takes place within 5-6 weeks from the day the bankruptcy petition is filed. The meeting provides a gather place for potential creditor objections and the ...
Continue reading "What's Involved in a 341 Meeting?" »