Representing Elderly Clients in Bankruptcy – Part 2 of 3

By David Cox,1 Cox Law Group, PLLC (Lynchburg, VA)

C. Determining whether to file.

Collection considerations outside of bankruptcy.
1. Is the debtor judgment-proof? Are assets and income exempt?
2. How active are creditors?
3. Is the current situation likely to change?
4. Has there been a previous filing, and if so, are there stay or exhausted exemption issues?

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