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This articles discusses what debtors can expect at the meeting of creditors. First, the court will set the date, time and location for the Section 341 Meeting of Creditors after the debtor’s bankruptcy case is filed. It will be scheduled to occur at least 21 days...
Although student loans are generally nondischargeable debts under the Bankruptcy Code, current bankruptcy law can provide some relief. And, there are signs of hope for the future. Under § 523(a)(8) of the Bankruptcy Code, student loans are considered to be...
1. Credit Counseling. Section 109(h) of the Code requires that before the case is filed, the debtor must take a credit counseling course from an approved counseling agency. This has been interpreted to mean that even the day of the filing the debtor can take the...