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What happens at a bankruptcy creditor's meeting in Rhode Island?

Everyone who files a bankruptcy case in Rhode Island will have to attend a creditors meeting also known as the "341 Meeting". It's a meeting between the case trustee, the debtor, the debtor's attorney if they have one and any creditors that decide to attend. The debtor is asked a series of questions during this meeting about their income, expenses, debt, property, financial transactions and other things. The bankruptcy judge is not permitted to be at the creditors meeting. The meeting is held between 20 and 40 days after the case is filed. Creditors that the receive the notice. That is why it is so important to list all of your creditors and their correct addresses in your bankruptcy court forms.

Property you can keep if you file for bankruptcy in Rhode Island

Most people who file personal bankruptcy cases in Rhode Island get to keep their home and everything else that they own because the property is considered exempt by either federal or Rhode Island state law. These are considered non-asset cases because the creditors don’t receive any money. If your property is not exempt the bankruptcy case trustee can sell the property to repay your debts. An experienced Rhode Island bankruptcy attorney can ensure that you take advantage of every exemption you are legally entitled to use in your bankruptcy case.

How To Deal With Insurance Companies After A Wreck !

How To Deal With Insurance Companies After A Wreck !

It Is Safe To Assume Assume That There Is Automobile Insurance If A Personal Injury Case Goes to Trial

It Is Safe To Assume Assume That There Is Automobile Insurance If A Personal Injury Case Goes to Trial

What To Do If You Get Into A Wreck!

What To Do If You Get Into A Wreck!

What To Do If Injured In A Wreck

What To Do If Injured In A Wreck

10 Things to Always do after a car wreck

10 Things to Always do after a car wreck

Common Causes of Motorcycle Accidents And What You Can Do After

Motorcycle accidents can cause severe injuries, leading to long-lasting problems in your daily life. If you don’t already know, take the time to learn the common causes of such accidents, and what you can do in the aftermath.

Do I Need A Prenuptial Agreement?

If you are thinking about marriage in the near term, please contact an attorney at Silverman Law Office, PLLC about whether a prenuptial agreement may be beneficial for you.

Public Charge and the Coronavirus (COVID-19)

In this article, we will briefly examine the effect of accepting unemployment benefits or testing, screening, or treatment of illness caused by the coronavirus (COVID-19) on public charge determinations.

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