Top 5 assets left of bankruptcy schedules

Here is a list of the top 5 debtor assets left off bankruptcy schedules: 1. Real property to include the debtor home. While most debtors list all their legal and equitable rights to real estate, I list this as number one because leaving this off could have the biggest negative ramifications for the debtor. 2. […]

Why it is important to list potential claims/lawsuits in a bankruptcy

Two years ago I received a phone call from an injury attorney representing a former Chapter 13 client of mine. The client had completed her Chapter 13 bankruptcy within the last 12 months. The attorney said that the client had a pending injury lawsuit and the defendant had filed a motion for summary judgment stating […]