Author: Attorney Rick Morin
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How to Handle Bitcoins in Bankruptcy
Have you heard of Bitcoins? A Bitcoin is an online currency that is not backed by any government. Bitcoins have been receiving a lot of media attention recently, including extensive coverage in the New York Times. As a Bankruptcy Attorney in Sacramento, I have been following this trend closely. I have also been considering how…
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Are medical debts considered “Consumer Debts” in Bankruptcy?
My blog today is a bit more in-depth than usual. The purpose of the blog is to consider whether medical debts count as “consumer debts” for purposes of a 707(b) dismissal. As best as I can tell, the answer is not entirely clear. The Bankruptcy Code defines “consumer debt” in 11 U.S.C. 101(8) as “debt…
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Filing Certification of Post-Petition Financial Management Course
Every person that files for Chapter 7 or Chapter 13 bankruptcy is required to complete a post-petition personal financial management course. The course is about two hours long. Debtors typically take this course online. At my Bankruptcy Law Firm in Sacramento, there is no charge to take this post-petition course online. Once you complete the…
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Chapter 7 Bankruptcy Filing Fee in Sacramento
For obvious reasons, the cost of bankruptcy is always an important consideration for anyone in need of bankruptcy relief. One large component of the cost of bankruptcy is the Chapter 7 filing fee. The United States Bankruptcy Court charges a filing fee to initiate a bankruptcy case. A filing fee is standard procedure in non-bankruptcy…
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Ignoring Lawsuits & Default Judgements
From time to time I get a call from a potential client in a tough spot: they ignored a summons to a lawsuit and are surprised that someone was demanding that they pay up. Ignoring a lawsuit is almost never a good idea. When a lawsuit is filed, the Clerk of the Court issues a…
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Top 3 Reasons to File Bankruptcy
A special video blog! Click through to watch my first video blog that tells you all about the top three reasons folks file Bankruptcy in Sacramento. You can watch my video by clicking this link to YouTube. If you have any questions after watching the video, please call my office at (916) 333-2222 for a free…
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Don’t Make This Mistake Before Chapter 7 Bankruptcy
As a Chapter 7 Bankruptcy Lawyer in Sacramento, I help many people file for bankruptcy relief. From time to time, I see my clients make a simple mistake in the weeks leading up to a bankruptcy filing that is easy to prevent. Don’t make any large luxury purchases or take any cash advances in the 90…
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You Must Do This One Thing Before Filing Bankruptcy
There are a number of steps involved in filing for bankruptcy. As a Sacramento Bankruptcy Attorney, I help my clients through this process. When a client first meets with me, I always get asked how long it will take to get the bankruptcy case ready to file. In most cases, your case can be ready…
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Top 5 Tips to Read Before Your Bankruptcy Meeting of Creditors
A debtor in a typical Chapter 7 bankruptcy will only have one bankruptcy hearing before his or her bankruptcy discharge. This is known as the “meeting of creditors,” sometimes called a “341 hearing.” The meeting of creditors is an opportunity for the Bankruptcy Trustee and your creditors to question you under oath about your bankruptcy…
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Don’t Let Creditors Harass You After Bankruptcy
Bankruptcy law is clear: once your debts are discharged in bankruptcy, no one can legally collect the money from you. However, some unscrupulous creditors will still demand that you pay debts that have been discharged in bankruptcy. There is no reason to put up with this type behavior. This article from the New York Times shows…