The Next Steps In A Chapter 7

by Dave Gormley | Posted in Bankruptcy & Foreclosure | Reading Time: 2 minutes

Chapter 7 Step 6 – Waiting: After the meeting, the Trustee and the creditors have 80 days to object to your right to a discharge. This does not usually happen, as long as your bankruptcy petition is accurate. Your attorney will handle it if it does happen. Typically, the only extra step may be reaffirmation...

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The Next Steps In A Chapter 13

by Dave Gormley | Posted in Bankruptcy & Foreclosure | Reading Time: 3 minutes

Chapter 13 Step 6 – Confirmation Hearing: For Chapter 13 cases only – If you file a Chapter 13 bankruptcy, a Confirmation Hearing will be held.  This is part of the negotiating game to determine if the terms of the repayment plan.  In many cases you never have to attend this hearing. The Trustee will agree to...

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Can You Keep Your House When You File For Bankruptcy?

by Dave Gormley | Posted in Bankruptcy & Foreclosure | Reading Time: 3 minutes

Foreclosure mediation in Maryland.

For the person who owns a house, the first question they may ask when they come in for a bankruptcy consult is “Can I keep my house?”  The real question is “What do you have to do to keep your house when filing for bankruptcy?” In a chapter 7 or a Chapter 13 bankruptcy, if...

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