BANKRUPTCY SITE

Debtors - You have come to our web site because you are having financial problems:

• Do you owe more than you can pay?
• Are you are having trouble paying credit card, medical, or other bills?
• Is a lender threatening to foreclose on your home or other real property?
• Are you are behind on your car payments?
• Are creditors phoning, dunning, threatening or suing you?
• Do you need to stop creditors from taking action against you?
• Do you need to discharge debts?

You want to know if declaring bankruptcy is appropriate for you, what choices and options you have, what will happen if you do declare bankruptcy and what may happen if you do not.

You want to talk to an experienced bankruptcy lawyer experienced in bankruptcy and financial problems and get professional legal advice.

Perry D. Monioudis, Esq. from The law firm of Cohn & Monioudis, P.A. has been representing clients in bankruptcy cases since 1990.

• Creditors - You have come to our web site because the following applies to you:
• Are you owed money by a person or business which has filed bankruptcy?
• Do you need relief from the bankruptcy automatic stay so you can foreclose, repossess, sue the debtor?
• Do you need to sue or take other legal action to seek to keep debts owed you from being discharged in bankruptcy?
• Do you need to file a proof of claim in a bankruptcy case?
• Do you need advice on bankruptcy time limits applying to creditors, and on how to act timely to avoid losing your rights as a creditor?
• Have you been sued in a bankruptcy case (adversary proceeding)?

DEBTOR SERVICES

Legal Representation for DEBTORS include:

Chapter 7 (Liquidation) Bankruptcy Cases

- Preparing and filing the Chapter 7 bankruptcy petition, schedules, statement of financial affairs and other required pleadings.

- Representing you at the creditors meetings where the Chapter 7 Trustee appointed to your case asks you questions about your assets and liabilities.

- Defending debtors against creditors or trustees who sue debtors to have debts declared "nondischargeable," or who seek to have the Bankruptcy Court deny the debtor any discharge.

- Our prices are reasonable and competitive, and our your first consultation is free! Call today for your initial consultation.

Chapter 13 (Individual Reorganization) Bankruptcy Cases

- Preparing and filing the Chapter 13 bankruptcy petition, schedules, and other required pleadings.

- Preparing and filing the Chapter 13 plan for Repayment.

- Representing you at the creditors meetings where the Chapter 13 Trustee appointed to your case asks you questions about your assets, liabilities, and ability to make Chapter 13 plan payments.

- Representing you at all Chapter 13 plan confirmation hearings held in Bankruptcy Court.

- Our prices are reasonable and competitive, and your first consultation is free! Call today for your free consultation.

Chapter 11 (Reorganization) Bankruptcy Cases

- Preparing and filing the Chapter 11 bankruptcy petition, schedules, and other required pleadings.

- Preparing and filing the required Chapter 11 Disclosure Statement and Chapter 11 Plan.

- Representing the debtor at the "341a" and other meetings with the U.S. Trustee.

- Assisting the debtor with all financial reporting (operating reports and interim statements) required by the U.S. Trustee.

- Representing the debtor at all Bankruptcy Court hearings.

CREDITOR SERVICES

Legal Representation for Creditors Include the following:

- Preparing and Filing proofs of claims for CREDITORS; opposing Motions objecting to CREDITOR'S proofs of claim

- Representing CREDITORS for unpaid alimony or unpaid child support

- Filing Relief from Stay Motions for CREDITORS so that secured creditors can proceed with foreclosure on real property and repossession and sale of secured collateral, and/or can proceed with lawsuits in State Court

- Representing CREDITORS in objecting to confirmation of debtors' proposed Chapter 13 and 11 plans

- Representing CREDITORS in bringing adversary proceedings against debtors, including seeking to keep debts from being discharged in bankruptcy and seeking to deny a debtor from receiving a discharge

- Defending creditors in preference, fraudulent conveyance, and other actions brought against creditors by bankruptcy Trustees in Chapter 7 or 11 cases, and defending creditors in such adversary proceedings

BANKRUPTCY INFORMATION SHEET

BANKRUPTCY LAW IS FEDERAL LAW. THIS PAGE GIVES YOU SOME GENERAL INFORMATION ABOUT WHAT HAPPENS IN A BANKRUPTCY CASE. THIS INFORMATION HERE IS NOT COMPLETE. PLEASE CONTACT OUR OFFICE SHOULD YOU HAVE ANY QUESTIONS CONCERNING THIS INFORMATION.

WHEN YOU FILE BANKRUPTCY:

You can choose the kind of bankruptcy that best meets your needs:

- Chapter 7 - A Trustee is appointed to take over your property. Any property of value will be sold or turned into money to pay your creditors. You may be able to keep some personal items possibly real estate depending on the law of the state where you live.

- Chapter 13 - You can usually keep your property, but you must earn wages or have some other source of regular income and you must agree to pay part of your income to your creditors. The Court must approve your repayment plan and your budget. A Trustee is appointed and will collect the payments from you, pay your creditors, and make sure you live up to the terms of your repayment plan.

- Chapter 12 - Like Chapter 13, but it is only for family farmers.

- Chapter 11 - This is used mostly by businesses. In Chapter 11, you may continue to operate your business, but your creditors and the Court must approve a plan to repay your debts. There is no trustee unless the Judge decides that one is necessary; if a trustee is appointed, the trustee takes control of your business and property.

If you have already filed bankruptcy under chapter 7, you may be able to change your case to another chapter.

Your bankruptcy may reported on your credit for as long as ten years. It can affect your ability to receive credit in the future.