Winsor Law Group Blog

Keynote speakers Judy Lowe, DRE Commissioner, along with Attorneys Jim Eckley, Mark Winsor, and David Brown. ASU’s Mike Orr (Formally of the Cromford Report) and CE Instructor David Compton will be examining with you the Hot Topics as it relates to today’s market. Joining us for the first two hours will be Joe Reed from Chase and Tracy King from Wells Fargo discussing the state of REOs.

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In almost every chapter 7 bankruptcy case the Debtor(s) will have vehicle(s) or some other type of personal property that they owe money on and want to keep. There is a statement, called the Statement of Intentions, that deals with this situation and it is usually filed with your other bankruptcy documents. The Statement of Intention tells the Court and the creditor what the Debtor intends to do with that particular piece of personal property.

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Making the decision to file for bankruptcy protection is only the first step, albeit a very important decision. You have probably researched the internet, talked with friends and family, and I would hope taken the most important step to speak with an experienced bankruptcy attorney. There is a lot of misinformation floating around the internet and certainly friends and family are not the best source for bankruptcy advice. A bankruptcy consultation, and in my case a free consultation, will give you accurate information and legal reasoning related to your specific situation and allow you to then make an informed decision.

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