What Is a Ponzi Scheme?

https://www.youtube.com/watch?v=vm5ZsTYYTtI A Ponzi scheme is a criminal activity where someone involved with buying and selling investments collects money in exchange for promising an enormous return. The Ponzi criminal then pays the first people who invested ..

Should I Transfer Property Right Before Filing Bankruptcy

https://www.youtube.com/watch?v=X_eQcKth6kg "Should I transfer property to myself and my wife and then file bankruptcy?" The answer to that question is definitely NO. This will be a transfer within a year before bankruptcy with the intent ..

Can a Bankruptcy Trustee Sell My Co-Owner’s Interest in

https://www.youtube.com/watch?v=KWsY-SP0x0U When you own property jointly with somebody else, can the trustee sell the property out from under the co-owners? The short answer to that question is yes the trustee can. The trustee has the ..

What is a Bankruptcy Deposition rule 2004 examination

https://www.youtube.com/watch?v=AXcKdDlQi5o Anyone involved in a bankruptcy case can depose any other party in interest. Bankruptcy Rule 2004 authorizes broad "fishing expeditions," even if nobody has been sued. If the bankruptcy court permits, an examiner may ..

Bankruptcy I’m An Individual, Can I File Chapter 11

https://www.youtube.com/watch?v=BEn_T8ZCsZQ If you can't quality for Chapter 7 or 13, you can still get bankruptcy relief under Chapter 11. Why would you need to do that? If your income is too high and you don't ..

Bankruptcy: Can I Save My Home?

https://www.youtube.com/watch?v=ytRe86xiqlk The answer to this question will vary depending on whether you have equity in your home or if you're current on your mortgage. The Equity Principal Equity is all about what you owe on ..

Chapter 7 Bankruptcy What is the Means Test?

https://www.youtube.com/watch?v=aJL4OpdxGAQ The "Means Test" is a test under the United States Bankruptcy Code to help debtors determine whether they can qualify to file under Chapter 7. Chapter 7 is a desirable chapter because it provides ..

Should I File A Chapter 7 Case For My Business?

https://www.youtube.com/watch?v=bjGVv9nJCIc I do not typically recommend filing chapter 7 cases for businesses. In chapter 7, businesses do not receive a discharge of debt, so the debts will survive the bankruptcy against the business. On the ..

Chapter 11: What is a Disclosure Statement?

https://www.youtube.com/watch?v=LJOf42rB78w The first part of the process of confirming a Chapter 11 Plan of Reorganization is to obtain approval of a Disclosure Statement. This is a document that contains information about the debtor and the ..

Bankruptcy: Should I File My Own Case? Maryland Bankruptcy Attorney

https://www.youtube.com/watch?v=kCysZ87Rj7k Individual debtors are allowed to file a bankruptcy case without help from a lawyer, but that doesn't mean that they should. Among other reasons why Debtors should not file their own cases are: • ..

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