Author Description

To many, the filing of a Chapter 7 bankruptcy represents a black mark on a debtor's personal scorecard. Our authors present a different view: individuals must understand that a Chapter 7 bankruptcy filing is a financial tool that guides individuals toward efficient personal financial management that generates long-term benefit to self and community. In the chapters presented in Chapter 7 Consumer Bankruptcy Strategies, 2015 ed., these leaders: Explain the public's misconception that a Chapter 7 debtor will lose everything including their house and car if they file bankruptcy; many debtors don't realize they can retain these assets even after filing. Guide the consumer debtor through the Chapter 7 filing process and discuss effective strategies and best practices for an efficient discharge of as much debt as possible; and Describe the differences between Chapter 7 and Chapter 13 consumer bankruptcy filings, focusing on the eligibility criteria for both. This edition has been updated to reflect the latest thinking in Chapter 7 consumer bankruptcy, including strategies that offer individuals a way out, a way to get ahead of their indebtedness, and a plan for taking back control of their lives and their futures. Inside the Minds provides readers with proven business and legal intelligence from leading C-Level executives and lawyers. Each chapter offers thought leadership and expert analysis on an industry, profession, or topic, providing a future-oriented perspective and proven strategies for success. Each author has been selected based on their experience and C-Level standing within the business and legal communities. Chapters Include: 1. Lynn Osborne, Lynn Osborne PC -"The Value of Due Diligence and Other Key Factors in a Chapter 7 Filing" 2. Paul S. Kuzmickas, Luftman Heck & Associates LLP -"Bankruptcy Basics, Strategies, and Best Practices" 3. Victoria L. Anderson and Michael Ferrin, Anderson & Ferrin Attorneys at Law -"Recent Dev