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Articles on bankruptcy petition drafting and building a remote career.

155 articles

Petition Drafting Tips

What to Do When Only One Spouse is Filing Bankruptcy

It seems we have seen a run of married couples lately, where only one of the spouses in the marriage is filing bankruptcy. Why is this an issue?

Bankruptcy Career

How VBAs Can Help Protect Their Attorneys

Virtual Bankruptcy Assistants (VBA’s) do a lot of things for the attorneys that they work for, not the least of which, is helping to protect them.

Bankruptcy Career

Protecting Your Attorney's Interests

Virtual Bankruptcy Assistants (VBA’s) do a lot of things for the attorneys that they work for, not the least of which, is helping to protect them. This could be something as simple as protecting them from deficiency notices by just doing a good job on the petitions prepared for him/her. Taking this a step further, what about helping to protect your attorney from potentially fraudulent debtors that may have something to hide? Recently I was working on a petition for an attorney where only the husband was filing a Chapter 7. The debtor had a fairly unique name, and so I decided to do a Google search on his name. As I perused the Google results, I came across something interesting…the debtor was listed as being a member of a yacht club, and was the owner of a 28’ yacht. It even listed the name of the yacht. “Hmm”, I thought; “That boat isn’t listed on the client intake form”. Before you read on, think for a moment about what you would do. Here is what I did…

Bankruptcy Fundamentals

PayPal Accounts and Bankruptcy

We had an interesting situation this week that turned out badly for the debtor.

Petition Drafting Tips

Does a Bankruptcy Petition Expire?

Because we are at the end of a month, and I am running into some bankruptcy petitions that are expiring, I felt it an appropriate time to write an article about this subject.

Bankruptcy Fundamentals

A Typical Example of an INSIDER DEBT in Bankruptcy

I worked on a bankruptcy petition this week that involved a couple who had worked at the same job for 25 years. They owned no real property and no unexempt personal property. Their credit card...

Bankruptcy Career

Guaranteed to Increase Sales for Your VBA Business

If you were the only store within 500 miles that sold winter coats, and your store was located near the border of Canada and the United States (where they get 300 or more inches of snow per year),...

Bankruptcy Q&A

Bankruptcy Petition Case Review

The problem: There is not enough left over for the debtors to make a Chapter 13 Plan payment.

Chapter 13 Strategies

How Banks Are Viewing Cram Downs Proposed in Bankruptcy

Thanks for all you do. And I appreciate the information you provide to us. I just wanted to add that I currently work for a major bank. I work with borrowers with defaulted business loans. And...

Tools, Tech & Talk

Bankruptcy Software Cannot Think for You

** This article will help you to understand important basic information if you are an attorney just getting started or transitioning to the field of debtor bankruptcy law.

Bankruptcy Q&A

Bankruptcy Questions and Answers

Get answers to real Chapter 13 questions: learn the difference between adequate protection payments and post-petition payments, and when each applies to a debtor's case.

Certification & Training

The First Online Virtual Assistant Certification Exam developed by 713 Training.Com

The first online exam has been developed for virtual assistants