Georgia Bankruptcy Law Network

Georgia Bankruptcy Law Network

Bankruptcy Questions Answered by Georgia Bankruptcy Law Professionals

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Who Has Final Responsibility For Making Sure Bankruptcy Schedules Are Correct?

In consumer Bankruptcy cases, especially Chapter 7 cases, completing the Schedules is one of the most important tasks.  The Schedules identify (among other things) all your creditors, your property (and values of the property), your exemptions, income and expenses.  In Chapter 13 cases, they will show the disposable income that will be paid to the… Continue Reading

What Happens If You Don’t Disclose A Lawsuit or Claim Against Someone In Your Bankruptcy Schedules?

One of the requirements of filing a Bankruptcy case is completing the Schedules honestly and completely.  It is perfectly fine to unintentionally leave something out as long as the Schedules are amended.  One of the most common items left off Schedule B (personal property) is claims or lawsuits that the person filing for Bankruptcy has… Continue Reading

“Emergency” Cases and “Skeletal” Bankruptcy Petitions – What Are They?

“Emergency” Bankruptcy cases or petitions, and “skeletal” petitions, are terms that are used fairly often in the Bankruptcy world and you may come across the terms in various websites (such as this one).  The terms are related, but have different meanings.  An “emergency” Bankruptcy case is, as the name implies, a Bankruptcy case that has… Continue Reading

How Does A Chapter 7 Trustee Know What I Have?

Like all Bankruptcy lawyers, I am happy that just about every client or potential client that has walked through my door is completely honest with me and in their filings with the Bankruptcy Court.  However, when discussing the Bankruptcy Schedules and list of assets, it is natural to occasionally get asked how Chapter 7 Trustees… Continue Reading