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Kaufman & Kaufman Bankruptcy Law Offices
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STEPS TO FILE BANKRUPTCY
There are a number of steps which must be completed before your bankruptcy protection begins
A Petition must be prepared and filed with the Bankruptcy Court,
along with Schedules and attachments, including a Means Test and Certificate of Completion of Pre-Petition Credit Counseling.
Prior to filing it is important to gather the information
necessary to complete a Bankruptcy Petition. The best source for
information regarding your assets and creditors is your own
records. You may also find it helpful to obtain a credit report
to refresh your recollection as to your creditors. YOU DO NOT
NEED TO SUBMIT COPIES OF YOUR BILLS.
Evaluation of the information including your assets and creditors,
and available exemptions, will assist in determining whether you
need to file a bankruptcy case, and if so, which chapter(s) you
may file.
Once prepared and carefully reviewed, the Petition is signed under
penalty of perjury, and filed with the Bankruptcy Court.
About 30 days after your Petition is filed, you are required to
attend an administrative hearing. This is conducted by an
appointed Trustee (not a judge). At the hearing you will be sworn
in, and examined on the information under oath by the appointed
Trustee, and you may also be called upon to submit documents or
supporting information.
Prior to your Meeting of Creditors, you are required to submit to
the trustee a copy of your Federal income tax return for the most
recent tax year ending immediately before the commencement of the case, for which a Federal income tax return was filed (You have the option of providing a transcript of your return instead).
You are also required to produce certain personal identification
at your hearing, including government-issued photo identification
and evidence of your Social Security number.
Some Trustees also require you to submit additional information
prior to the hearing.
Attorneys charge different amounts for filing a bankruptcy.
Some attorneys charge a flat-fee, while others may add charges for services performed later, some attorneys charge hourly.
Some attorneys who charge reduced rates will not appear with you
at your hearing and will instead hire an "appearance attorney" or a "contract attorney" to "sit in" for them at your hearing. Be
sure to ask your prospective attorney if they use "contract
attorneys".
Some attorneys who charge reduced rates will not themselves
perform all of the professional services on your case, but may
instead use "paralegals" to do the work on their behalf. Be sure to ask your prospective attorney if they use "paralegals".
In some cases there are some services which are not included in
the initial retainer fee you may pay. Although rare, in the event
that a Motion for Relief from Stay, or another form of adversary
proceeding is filed against you by a creditor, or the trustee; or
if you wish to remove a lien against exempt property, or appear at
a reaffirmation hearing, additional fees may be required if you
wish a lawyer to represent you in such actions.
Some firms say they "will take payments". However all fees must be paid before your case is filed (except in a Chapter 13). So ask your prospective attorney if they will allow you to make
payments after your case is filed -- not likely.
#ocbk #orangecountybankrutpcyattroney

Ask Me How To Get 50% Off Your Bankruptcy Cost?
Well since you asked.........
Four times a year I will offer 50% off the quoted price if you retain me on the birthdate of a US President who filed Bankrutpcy or who officially was Bankrupt
Who is the next President's birthday?? Call Les at 714 550-9305.
#bankruptcysaving #bankruptcydiscount #saveonyourbk

MEANS TEST II
In order to take the Means Test, you will need to calculate and
then insert your income and expenses into a formula devised by
Congress. The results of the calculation will determine whether
you "pass" the means test, and are thus eligible to file a
Bankruptcy Petition under Chapter 7.
INCOME:
For purposes of the Means Test, you must calculate your average
income over the six months prior to filing your case from all
sources.
These calculations may be affected by whether a prospective
debto income has increased or decreased in the six months prior to filing, including irregular or periodic amounts such as
commissions, or bonus pay, as well as the amount of taxes
deducted, which may also vary from month to month.
EXPENSES:
Most people expenses vary from month to month. Expenses such as utilities, may vary seasonally; and some expenses may be
irregular, some may not occur each month, such as automobile
maintenance, registration, etc.
If you have any regular monthly expenses you may be able to
include some or all of these as well.
Be as complete and accurate as possible. Please understand
that this is not a quote budget but an accurate list
reflecting all amounts you actually earn or spend each month.
Debtors may be queried about their income and expenses by the
appointed Trustee or a representative of the United States
Trustee. The U.S. Trustee will analyze your Statement of Current
Monthly Income and Means-Test Calculation and will review your
income and expenses and may attempt to demonstrate that you have sufficient resources or that some of your expenses are above the national or local standards and may attempt to challenge your case by bringing a Motion to Dismiss Case Under §707 of the Bankruptcy Code, in which they may seek to demonstrate that your case as Should a §707 motion be filed, you may either oppose the motion or you may convert your case to a Chapter 13 or 11.
#ocbestbkattorney   #orangecoutybankruptcyattorney   #bkattorney   #santaanacourts   #occourts  

 
ADMINISTRATIVE FREEZE
If you file a bankruptcy while you have a savings or checking or other type of account at a financial institution from which you also obtained credit (credit card; line of credit; signature loan;or other type) the funds in these accounts may be subject to and  Administrative Freeze and Administrative Hold and  by the financial institution.
There are some things you can do to minimize this burden,including drawing your available funds out of such financial institutions and opening an account at another financial institution with which you do not have any existing relationship.
Your attorney can assist you in pre-bankruptcy planning.
If you have any accounts at Wells Fargo Bank or Chase Bank please note that these banks are especially aggressive in this regard, and have adapted the practice of freezing some accounts upon receiving notice of a Bankruptcy Petition being filed --

REGARDLESS OF ANY RIGHT TO SET-OFF -- until the appointed Trustee indicates that they have no [liquidation] interest in the account (ie, the account is exempt). This proof of exemption and Trustee 39;notification of non-administration can delay your access to your exempt funds for a period of time. It is therefore especially important, regardless of whether you owe any money to Wells Fargo or Chase, that you discuss this with your attorney prior to filing bankruptcy.
#bankruptcyattorneyinorangecounty #ocbkattorney #occourts #ocsantaanacourts  

STEPS TO FILE BANKRUPTCY
There are a number of steps which must be completed before your bankruptcy protection begins
A Petition must be prepared and filed with the Bankruptcy Court,
along with Schedules and attachments, including a Means Test and Certificate of Completion of Pre-Petition Credit Counseling.
Prior to filing it is important to gather the information
necessary to complete a Bankruptcy Petition. The best source for
information regarding your assets and creditors is your own
records. You may also find it helpful to obtain a credit report
to refresh your recollection as to your creditors. YOU DO NOT
NEED TO SUBMIT COPIES OF YOUR BILLS.
Evaluation of the information including your assets and creditors,
and available exemptions, will assist in determining whether you
need to file a bankruptcy case, and if so, which chapter(s) you
may file.
Once prepared and carefully reviewed, the Petition is signed under
penalty of perjury, and filed with the Bankruptcy Court.
About 30 days after your Petition is filed, you are required to
attend an administrative hearing. This is conducted by an
appointed Trustee (not a judge). At the hearing you will be sworn
in, and examined on the information under oath by the appointed
Trustee, and you may also be called upon to submit documents or
supporting information.
Prior to your Meeting of Creditors, you are required to submit to
the trustee a copy of your Federal income tax return for the most
recent tax year ending immediately before the commencement of the case, for which a Federal income tax return was filed (You have the option of providing a transcript of your return instead).
You are also required to produce certain personal identification
at your hearing, including government-issued photo identification
and evidence of your Social Security number.
Some Trustees also require you to submit additional information
prior to the hearing.
Attorneys charge different amounts for filing a bankruptcy.
Some attorneys charge a flat-fee, while others may add charges for services performed later, some attorneys charge hourly.
Some attorneys who charge reduced rates will not appear with you
at your hearing and will instead hire an "appearance attorney" or a "contract attorney" to "sit in" for them at your hearing. Be
sure to ask your prospective attorney if they use "contract
attorneys".
Some attorneys who charge reduced rates will not themselves
perform all of the professional services on your case, but may
instead use "paralegals" to do the work on their behalf. Be sure to ask your prospective attorney if they use "paralegals".
In some cases there are some services which are not included in
the initial retainer fee you may pay. Although rare, in the event
that a Motion for Relief from Stay, or another form of adversary
proceeding is filed against you by a creditor, or the trustee; or
if you wish to remove a lien against exempt property, or appear at
a reaffirmation hearing, additional fees may be required if you
wish a lawyer to represent you in such actions.
Some firms say they "will take payments". However all fees must be paid before your case is filed (except in a Chapter 13). So ask your prospective attorney if they will allow you to make
payments after your case is filed -- not likely.
#ocbk #orangecountybankrutpcyattroney

 
Debtor Electronic Bankruptcy Noticing 

History As Been Made.....

The Bankruptcy court recently announced a new pilot project aimed

at speeding up notices from the Bankruptcy Court to debtors. The

Bankruptcy Court selected certain law firms handling bankruptcy

cases to assist with the testing of a pilot program called "Debtor

Electronic Bankruptcy Noticing; or DeBN &  DeBN allows debtors to

elect to receive entered orders and court-generated notices by

email instead of by regular mail.

Only four bankruptcy courts are participating in this pilot

program and California-Central is one of them.

Kaufman & Kaufman became the first bankruptcy firm to participate

in the DeBN Project at the U.S Bankruptcy Court California-Central

Location. Our bankruptcy office was also the first to

electronically-file the DeBN form on-line for our client.

So, we made HISTORY! This is a huge step in our ability to use the

electronic system to our clients' advantage -- allowing our

clients to receive notices from the court far more rapidly than

via the US postal service.

The ability for the debtor to receive court orders and court-

generated notices by email has several advantages:

Its fast - Debtors receive court orders and court-generated

notices the same day that their attorney does.

Its convenient - Debtors can read and/or save the court orders and

notices on their mobile device, iPad, and home computer.

Its free - Court orders and court-generated notices can be viewed

an unlimited number of times on the debtor's mobile device or home

computer at no charge.

Its green - less paper clutter.

To request more information to use this services to file your

bankruptcy please call our office (714) 550-9305, Kaufman &

Kaufman. We are located at 1001 N Ross St Santa Ana, CA.
#ocbankruptcy #occourts #ocbk #ocattorney

All Bankruptcy petitions filed on or after December 1, 2015,
will be required to be submitted on the newly-revised and
reformatted Official Bankruptcy Forms, which replace the forms that have been in use almost-unchanged for over 30 years These new changes are a part of a modernization effort that
began in 2008, which was spearheaded by the Advisory Committee on Bankruptcy Rules. The biggest change is that the new forms introduce different versions of case opening forms for individual debtors and non-individual debtors. There are also separate instruction booklets available for individual and non-individual debtors. This separation between individual and non-individual debtors is to enable debtors to better understand the bankruptcy filing process, and explain why certain information is being requested on the forms.
Some of these revised forms were "softly" introduced over the
past two years, using the old numbering system, but these forms
will be renumbered to reflect a new form numbering system that will allow for better organization of bankruptcy filings. For example,forms in the 100's are case-opening forms for individual debtors, while forms in the 200's are case-opening forms for non-individual debtors.
While these new forms have been designed to be easier to
complete and are intended to be more easily understood by non-
lawyers, it must be stressed that filing a bankruptcy petition
without an attorney is strongly discouraged by bankruptcy
professionals. A mistake in a petition can have tremendous
repercussions for a debtor, including a discharge or dismissal of
the bankruptcy. Attorneys are better able to assist debtors in the
preparation of a bankruptcy petition, and can ensure that a
bankruptcy case is carried out without complication.
Les Kaufman , Leah Michele Kaufman
#kaufmanandkaufmanorangecounty   #bankruptcynews  #alertbankrupctyorangecountycourts  

We assist with Bankruptcy services for clients throughout Orange County in all of the following cities:
Aliso Viejo, Anaheim, Brea, Buena Park, Costa Mesa, Cypress, Dana Point, Fountain Valley, Fullerton, Garden Grove, Huntington Beach, Irvine, La Habra, La Palma, Laguna Beach, Laguna Hills, Laguna

Ask Me How To Get 50% Off Your Bankruptcy Cost?
Well since you asked.........
Four times a year I will offer 50% off the quoted price if you retain me on the birthdate of a US President who filed Bankrutpcy or who officially was Bankrupt
Who is the next President's birthday?? Call Les at 714 550-9305.
#bankruptcysaving #bankruptcydiscount #saveonyourbk

Why do people file Bankruptcy? #bankruptcy #bankruptcyreasons
Ten Common Reasons People File Bankruptcy

1. Fresh Start from declined business

2. Fresh Start from too much credit card debt

3. Stop Foreclosure on home or business property.

4. Stop Repossession of car or other property

5. Freedom from high medical bills.

6. Discharge debts from lost job or unemployment

7. Stop Creditor Harassment: calls, threats, lawsuits

8. Divorce: While the old adage "two can live as
cheaply as one" is often true, so is the opposite,
when a couple splits up, the combined cost of
living can often double.

9. Stop Wage Garnishment; other enforcement of judgments

10. Thwart Creditor Fraud or Identity Theft

Call Les Kaufman at 714-550-9305
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