Category Archives: Chapter 7

WHAT IS A REDEMPTION IN A CHAPTER 7 BANKRUPTCY CASE?

If you file a Chapter 7 case and you have a creditor who has a security interest in the property, you may be able to redeem the property and keep it rather than paying for the property pursuant to the … Continue reading

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SHOULD A DEBTOR BE TERRIFIED OF THE FIRST MEETING IN A CHAPTER 7 BANKRUPTCY?

Debtors who attend come to the First Meeting of Creditors also known as the 341 hearing often arrive at the hearing scared, terrified and confused about what is about to happen. The time to worry about your case is not … Continue reading

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TWO TRUSTEES IN SOUTH CAROLINA BANKRUPTCY CASES, WHY?

TWO TRUSTEES IN SOUTH CAROLINA BANKRUPTCY CASES, WHY?  If you file a bankruptcy case is South Carolina under Chapter 7 or Chapter 13, you will always have a Trustee assigned to oversee your case. This person is called the case Trustee and … Continue reading

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RULE 2004 AND THE CHAPTER 7 BANKRUPTCY TRUSTEE

RULE 2004 AND THE CHAPTER 7 BANKRUPTCY TRUSTEE It is not unusual for a Chapter 7 Trustee to want to hold a second hearing in a Chapter 7 Bankruptcy Case. This is because the Trustee needs additional information about your … Continue reading

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CHAPTER 7 AND THE 341 MEETING

CHAPTER 7 AND THE 341 MEETING When you file a Chapter 7 bankruptcy case, you will have to go to a hearing called the 341 hearing which is also known the Meeting of Creditors. The first thing to understand is … Continue reading

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