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Table of contents
Initial Client Interview
Bankruptcy Update
Alexander Gordon
Strong Political Support for Change
The Bankruptcy Law
Before you file Bankruptcy
Records Search: CIN Legal Data Services, etc.
Digital Photographs
Credit Reports – for free www.creditreport.com
Timing Issues: You Decide When To File!
Bankruptcy Basics – Chapter 7, 11, 13
Calculation of No Home Equity – Married
Calculation of No Home Equity - Single
Calculation of Excess Home Equity - Married
Calculation of Excess Home Equity - Single
Excess Equity in Home – 1 --
Excess Equity in Home – 2 --
Chapter 13 Worksheet
Bankruptcy Basics – 1
Bankruptcy Basics - 2
Bankruptcy Basics - 3
Bankruptcy Basics - 4
Bankruptcy Basics - 5
Bankruptcy Basics - 7
Disclosures
New Disclosures Required for Debtor’s Attorney – 3 ~~~ Definition of Replacement Value
Due Diligence - 1
Due Diligence - 2
New Documents Required of Debtor -1
New Documents Required of Debtor - 2
New Documents Required of Debtor - 3
New Documents Required of Debtor - 4
Attorney Liability
Effect on Average Debtor in Maryland: More Paperwork, More Fees, Still a Discharge -1
Effect on Average Debtor in Maryland: More Paperwork, More Fees, Still a Discharge - 2
Timing
FORECLOSURE
Wage Garnishment
Questions
Venue – 180 day Rule remains
Delays In Filing
Potential Property of Bankruptcy Estate
Eastern Shore Cases on the Eastern Shore (ESCES)
Salisbury Federal Court – Maude R. Toulson Post Office on Main Street
Easy Driving Directions to Salisbury
Photo ID & Social Security Card
Maryland Median Income Size of Household
Social Security Card
Typical Salisbury Schedule
Six Month Income Program
Definition of “Monthly Income”
Penalty for filing a chapter 7 when income exceeds Means test
What’s a “Payment Advice?”
Slide 55
Means Test: From each according to ability to pay
DELAYS IN FILING
Exempt from Means Test
Pre-filing certification: MANDATORY
UST Approved Pre-Filing Certification: http://www.usdoj.gov/ust/bapcpa/ccde/cc_approved.htm#MD
Always try to get pre-filing certification
Pre-Filing Certification & Post Filing Education - BOTH ARE REQUIRED!
Financial Education Required To Receive Discharge
Debtor Discharge Education After Filing and Before http://www.usdoj.gov/ust/bapcpa/ccde/de_approved.htm#MD
Notice from Clerk
Don’t Forget
Barebones Petition
Same Day Filing
Post Filing Education: NO KIDDING!!
Presumption of Debtor Abuse
Prevention of Serial Bankruptcy Filings
Prevention of Serial Filings - 2
Prevention of Serial Filings - 3
Judicial Liens ???
Non-PMSI Household Goods Lien Avoidance - 1
Non-PMSI Household Goods Lien Avoidance - 2
Extended time between Discharges
Do I make payments?
Discharge of taxes - 1
Discharge of Taxes - 2
Copy of all payments
Change in priorities
Exemptions – Which state?
Exemptions – which state - 2
Maryland Exemptions: What debtors can keep (except as against secured creditors).
New Exceptions to Automatic Stay
New Non Dischargeable Debts 11 U.S.C. §523
New for Chapter 13
Reaffirmation Requirements
Redemptions
Engagement Letter
Random Audits
U.S. Trustee Audits – 2% Required documents:
Client List of Things To Do
Additional Materials: CD & Booklet
Visit us on the web: http://www.marylandbankruptcyinfo.com/
Communicating with us in IMPORTANT!
Work with our staff Left to right: Tammy, Stephanie, Heather
Conclusion
Thank you & have a safe trip home.
Author:
Alexander Gordon, IV
Homepage:
http://www.alexandergordonattorney.com/