Livonia Michigan Bankruptcy - Michigan Bankruptcy Blog

Livonia Michigan Bankruptcy

Michigan Bankruptcy Blog

Most Common Questions After Filing Bankruptcy

Posted by Peter Behrmann, Esq. On February 19th

FAQSo you have filed bankruptcy.  Here is a list of Most Common Questions After Filing Your Case:

 

What happens next in my case?

 

1)  You will receive a notice from the court and our office regarding your 341 Meeting of Creditors and/or Confirmation Hearing (Confirmation Hearing is for Chapter 13’s only.)

2)  Complete your Debtor’s Education Course, before the 341 meeting, one week prior to your 341 Meeting.  Instructions to take this course will be with the 341 notice mailed to you next week.

3)  Attend your 341 Meeting of Creditors and/or Confirmation Hearing and make sure you:

  • Arrive on time. (15 min early at the latest!)
  • Bring your Social Security card.
  • Bring your state identification card.

 

I am keeping my home or car.  What do I need to do?

 

If you filed Chapter 7, you will have to handle payment directly with your lender; do not fall behind if you’re planning on keeping a car or your home.  If you filed a Chapter 13 you will need to continue the payments that are listed as “Direct by debtor” in your plan, again, do not fall behind!

  • Lenders will not allow you to continue paying online or by telephone while you’re in Bankruptcy.  Make sure your have the address to send your monthly payments during bankruptcy, make sure you mail your payment with enough time for them to arrive timely!
  • In a Chapter 7, most lenders will require you to “reaffirm” your vehicle in order to keep it.  They will provide a reaffirmation agreement/contract for you to sign.

 

I do not understand the Trustee’s questions.  What was the purpose of them?

 

The 341 Meeting (Meeting of the Creditors) is the Trustee’s chance to examine the petition you filed with the Court and compare it to your oral answers on the record.

 

Why am I getting all of this paperwork in the mail?

 

Do not worry about any mail you receive from the Court, trustees, or creditors.

  • If we need any information from you, we will contact you.
  • If there is anything you need to do, we will contact you.

 

You do not need to inform us of documents you receive from the Trustee or the Court.  We receive a copy of all correspondence from the Trustee, the Court, and all of your creditors related to your case.  We want to do an excellent job for you, but please keep in mind that numerous phone calls actually slow us down from helping you.

 

 

Peter Behrmann is a Livonia Bankruptcy Attorney.  From my Livonia, Michigan location, I represent clients throughout Metro Detroit and beyond, including Garden City, Wayne, Westland, Redford, Dearborn, Taylor, Ann Arbor, Belleville, Northville, Novi, Farmington, Farmington Hills, Plymouth, Canton, and the Counties of Wayne, Oakland, Livingston, and Washtenaw. My practice is limited to helping consumers like you file Chapter 7 and Chapter 13 Bankruptcy.

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