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Monthly Archives: May 2016

What Is a 341 Meeting?

Upon filing for bankruptcy, part of the process will include what’s called a “341 meeting” which is essentially another name for a meeting of creditors. That number is specifically for Bankruptcy Code purposes. A 341 meeting must take place no earlier than 21 days after you’ve filed for bankruptcy and no later than 40 days.…
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The Costs of Bankruptcy

Perhaps the biggest cost involved in bankruptcy is the emotional one, but there are also financial costs that are required if you’re planning on filing for bankruptcy. When you’re already dealing with a bankruptcy situation, the last thing you want to think about is expenses but there are some you will need to pay for…
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Developing a Family Budget

If you managed to successfully file for bankruptcy, you are now in a great position to start with a clean slate and make better financial decisions.  To avoid falling into the same or similar patterns as you did before, you’ll want to make the transition towards developing a budget for you and your family. Begin…
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