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Articles on bankruptcy petition drafting and building a remote career.

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Do They Say Your Prices Are Too High as a VBA?

I received an inquiry from a law firm last week asking me to provide them with a price for preparing their bankruptcy petitions. Although I normally work on difficult cases and assist my virtual...

155 articles

Bankruptcy Career

How I Went from ZERO Legal Experience AND No College Degree to Successful Bankruptcy Petition Preparer

I share the personal story below, not to toot my own horn, but to hopefully inspire confidence, as I am nothing special.

Certification & Training

Bankruptcy Petition Preparer Training

Becoming a Bankruptcy Petition Specialist™ is a 2-4 month process that allows a person with NO prior experience the ability to work from home, make great money, and set their own schedule. This...

Bankruptcy Career

38 Reasons Your Law Firm Needs a Virtual Bankruptcy Assistant

Here are just some of the benefits for your law, of outsourcing your bankruptcy petition drafting to a highly-skilled a Bankruptcy petition Specialist™.

Tools, Tech & Talk

8 Case Management Software Tools for Bankruptcy Attorneys

To keep from spinning out of control, an entire cloud-based software industry has risen to help law firms to manage the many tasks involved with their many

Petition Drafting Tips

2 Must-Have Items Before Drafting a Bankruptcy Petition

With the exception of emergency bankruptcy petition filings, there are a couple of “must-have” items that a Bankruptcy Petition Specialist™ needs to have, BEFORE beginning to draft a Chapter 7 or Chapter 13 bankruptcy petition.

Chapter 13 Strategies

Cram Downs of Real Property and Vehicle Liens in Bankruptcy

Often times debtors owe more on their property than it is worth. When this is the situation, debtors have some choices that their attorney will offer or recommend, which may include a cram down.

Chapter 13 Strategies

Stripping Mortgages in Bankruptcy

When debtors want to keep property associated with an unsecured loan, the attorney may attempt to strip the mortgage lien. Lien stripping involves the complete elimination of a lien (loan), and the associated liability that goes with it.

Bankruptcy Career

Real Stories of a Virtual Bankruptcy Assistant

Being a Bankruptcy Petition Specialist™ is not only fun, at times, it’s also quite interesting, entertaining, and even shocking, because from one day to the next, you just don’t know what you’re going to find yourself in the middle of.

Bankruptcy Career

The Difference Between a Bankruptcy Assistant and a Petition Preparer

There are two primary, yet very different approaches to working in the field of drafting bankruptcy petitions: Drafting bankruptcy petitions for attorneys representing clients in a bankruptcy filing Drafting bankruptcy petitions for people filing bankruptcy without an attorney

Bankruptcy Career

History Of the Bankruptcy Assistant Field

I first came across the concept of working from home as a virtual bankruptcy assistant (VBA) in 2008, and started to draft Chapter 7 and Chapter 13 bankruptcy petitions working from home.

Bankruptcy Fundamentals

The importance of Reaffirmation Agreements

When debtors file bankruptcy, there is an ‘automatic stay’ put in place that prevents collection efforts by creditors, pending the outcome of the case, right? Well…A majority of bankruptcy debtors own at least one family vehicle that they use for transportation, including to and from work, the grocery store, and other places. This vehicle is typically financed.

Bankruptcy Career

7 Reasons Attorneys Outsource Bankruptcy Petition Prep

There are many reasons that attorneys and law firms choose to outsource the task of drafting their Chapter 7 and Chapter 13 bankruptcy petitions to a Bankruptcy Petition Specialist™, also known as a virtual bankruptcy assistant (VBA).