Bankruptcy Court Hearing | 341 Meeting of Creditors
What Questions Will I be Asked at the 341 Hearing? Every person who files for bankruptcy has a number of required tasks that must be… Read More »Bankruptcy Court Hearing | 341 Meeting of Creditors
Bankruptcy resources in Orange County, Riverside and throughout the nation.
What Questions Will I be Asked at the 341 Hearing? Every person who files for bankruptcy has a number of required tasks that must be… Read More »Bankruptcy Court Hearing | 341 Meeting of Creditors
The newest trend in fashion: Retailers filing for bankruptcy. Just weeks after American Apparel acknowledged that bankruptcy might be an options, the once hottest brand… Read More »Fashion Trend: Quicksilver Files for Bankruptcy
Orange County Bankruptcy in 1994 It is over 20 years since Orange County, California filed bankruptcy. What most citizens of Orange County don’t realize is… Read More »Orange County Reverses Bankruptcy Reforms Over 20 Years Later
I have been a bankruptcy attorney for nearly 6 years now and have handled over 1000 cases. I started out working for the largest bankruptcy firm in the nation. Although that firm is now in its own bankruptcy, it taught me something that I have brought to my own bankruptcy practice here at Tran Bankruptcy Law. That is, clients need to know the truth about bankruptcy and the process.
Attorneys are in the business of providing a service in order to make money. This is our job. However, legal decisions, such as the decision to file for bankruptcy is a major decision in your life and you need to know the facts before you move forward. My first bit of caution is to ignore the catchy lines.
Ignore phrases such as “free consultation,” “payment plans available,” and “low cost” etc. If you are deciding to file bankruptcy, you should at least learn about bankruptcy and talk to a knowledgeable attorneys to determine whether bankruptcy is the right decision for you.
1) Learn about bankruptcy – you should learn the pros and cons of bankruptcy. These are discussed in the next few pages.
2) Find a knowledgeable attorney – speak to a number of attorneys. The only way to determine the difference between attorneys is to contact them and find out what they do and their process. See the next page for more details.
Read More »Bankruptcy | The Truth
American Apparel acknowledging that bankruptcy is not out of the question. Teen apparel companies have been competing in a fast fashion environment for years. Today… Read More »American Apparel | Losses | Falling Stock Prices | Possible Bankruptcy
Music Distribution Columbia House is a brand that distributed music through the mail. It was widely popular in the 70s with membership over 3 million… Read More »Columbia House Files for Bankruptcy
Baker Botts, LLP v. ASARCO, LCC This is a Chapter 11 case that involves attorney fees. Towards the end of the Chapter 11 case, the… Read More »2015 Supreme Court Bankruptcy Cases | Baker Botts, LLP v. ASARCO, LCC | Part 6 of 6
Caulkett v. Bank of America, N.A. It has long been settled that a Debtor in a Chapter 13 case can avoid a junior mortgage/lien under… Read More »2015 Supreme Court Bankruptcy Cases | Caulkett v. Bank of America, N.A. | Part 5 of 6
Harris v. Veigelahn Harris v. Veigelahn is another bankruptcy decision made by the United States Supreme Court this year. The case is about a Debtor… Read More »2015 Supreme Court Bankruptcy Cases | Harris v. Veigelahn | Part 4 of 6
Bullard v. Hyde Park Savings Bank The case Bullard v. Hyde Park Savings Bank is about a debtor who submitted a proposed Chapter 13 repayment… Read More »2015 Supreme Court Bankruptcy Cases | Bullard v. Hyde Park Savings Bank | Part 3 of 6
Wellness Int’l Network, Ltd. v. Sharif To better understand the United States Supreme Court’s decision in Wellness Int’l Network, Ltd. v. Sharif (WELLNESS) we must… Read More »2015 Supreme Court Bankruptcy Cases | Wellness Int’l Network, Ltd. v. Sharif | Part 2 of 6
2015 Bankruptcy Decisions 2015 was a busy year for the United States Supreme Court. Among other decisions, the Court ruled that states may still use… Read More »2015 Supreme Court Bankruptcy Cases | Part 1 of 6