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Month: April 2020

Home 2020 April
341 meeting of creditors

What Should I Expect at a Meeting of Creditors in a Bankruptcy?

April 29, 2020E. Orum Young

Anyone who files for Chapter 7 bankruptcy is required to attend a hearing known as the 341 meeting of creditors. This is where the bankruptcy trustee and your creditors can ask you questions under oath about your bankruptcy petition. The 341 meeting is used to verify that the information you included in your bankruptcy papers…

Choosing Chapter 13 Bankruptcy

When is Chapter 13 Bankruptcy a Better Option Than Chapter 7?

April 22, 2020E. Orum Young

If you’ve decided to file for bankruptcy, you’ll very likely choose between Chapter 7 and Chapter 13. While there are advantages to both, it’s important to understand how they’re different so you can determine which one works best for your situation. These are the two most common forms of bankruptcy for both individuals and small…

Tips for Improving Your Credit Score

Top Ways to Improve Your Credit Score After Bankruptcy

April 15, 2020E. Orum Young

Declaring bankruptcy can be a difficult decision, but once the bankruptcy has been successfully discharged, debt that’s been burdening you will have been removed, giving you the opportunity to make a fresh start. However, for many who successfully complete the bankruptcy process, there are lingering worries about how it will impact your credit score and…

Louisiana Shutsdown from COVID-19

Louisiana’s Stay At Home Orders Impact Financial Future of Individuals, Businesses

April 8, 2020E. Orum Young

As one of the hardest hit states in the country, Louisiana remains under a Stay At Home order requiring residents to remain in their home as much as possible to help slow the spread of the deadly coronavirus pandemic. That order has also forced the closing of many businesses that are not considered “essential,” as…

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  • What Should I Expect at a Meeting of Creditors in a Bankruptcy?

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