Collins County Community College Plano


Posted by Admin

Collins County Community College Plano

Collins County Community College Plano

. Jim has worked as a Portfolio Manager & Financial Advisor since 1996. In May 2005, Jim founded WHI Financial Services, LLC, WHIFinancial.com, a Registered Investment Advisory firm, with headquarters in Texas. His primary focus is on portfolio management, financial & retirement planning, and financial advisory & insurance services. Jim manages investment portfolios & advises individuals, small to mid-size companies, and non-profit organizations on a variety of financial and business issues. Prior to founding WHI Financial Services, LLC, Jim worked as a portfolio manager & financial advisor for two international investment firms. From 2001 to 2005, Jim worked with Prudential Securities (merger with Wachovia Securities, now Wells Fargo Financial Advisors), and from 1996 to 2001, he was working with Merrill Lynch. While working with both Wachovia Securities and Merrill Lynch, Jim enjoyed dual responsibilities as a portfolio manager, financial advisor and leader of the Professional Development Program. Jim's responsibilities as leader of the Professional Development Program included, recruiting, interviewing, training, and overseeing the daily operations of all financial advisors involved in the Professional Development Program. Jim was responsible for managing between 10-20 advisors, while still managing his own client investment accounts. In addition to his experience in the financial services area, Jim has been involved in several start-up companies. Jim's Philanthropic work includes serving as President/Treasurer of a private foundation established to provide non-profit organizations financial assistance, and Chairman/President of the Believe In Your Dreams Foundation. In 2007, Jim established the Believe In Your Dreams Foundation, a 501(c)3 organization, to help individuals who are suffering from life-altering circumstances beyond their control. Jim has taught investment, insurance, and credit repair classes through continuing education at universities in CA & TX since 1997. Jim attended the University of Minnesota where his focus was Management & Marketing. Jim has recently written two books, one called "Your Financial Lifecycle" a book which describes several key investment topics everyone will face throughout their life, and a book titled, "The Truth about Your Credit Score", which defines how credit scores are calculated and how you can increase your credit score, including templates which you can use to send to creditors. Jim's books can be purchased on Amazon.com, via Author search, or by emailing him directly at JimWigen@GetWealthyStayWealthy.com. In the Fall of 2011, Jim will be starting his radio show called, The Jim Wigen Show, Teaching You to Get Wealthy & Stay Wealthy. You can hear his shows through streaming audio by visiting JimWigen.com.You can follow comments through the RSS 2.0 feed. You can leave a comment, or trackback.

The Bankruptcy Court for the United States District Court Eastern Division on Texas sits in Plano, Texas.  The Court is actually located in the Wells Fargo Bank Building that is on the east side of North Central Expressway and Plano Parkway.  Adversarial proceedings and contested hearings in either Chapter 7 or Chapter 13 cases are heard there in front of the judge.

However, the 341 meetings (First Meeting of Creditors) are held in two different locations.  The Chapter 7 First Meeting of Creditors is held at the Plano Centre which is located on Spring Creek in Plano just across Jupiter road from the Collin County Community College Plano Campus.  The meetings are almost always held in the East Wing of the Plano Centre.  The 341 meetings in Chapter 13 cases are held at the Chapter 13 Trustee's office which is The Atrium located next to Fry's Electronics and behind the Wells Fargo building on Plano Parkway and Highway 75.

Typically, a debtor who has a lot of unsecured debt, medical bills, and credit card debt should file a Chapter 7 rather than a Chapter 13 if they pass the Means Test.  A Chapter 7 is almost always quicker, easier, and does more for an individual than a Chapter 13 does.  Nevertheless, under certain circumstances it is more beneficial for a debtor who passes the Means Test to go ahead and file a Chapter 13 instead of a Chapter 7. 

For example, if someone passed the Means Test and was eligible to file a Chapter 7 bankruptcy and they had $60,000 worth of credit card debt they would still want to file a Chapter 13 if they were 3 months behind on their house and they wanted to avoid foreclosure.  Assuming they had adequate income to pay the current house payments plus pay the arrears through the 60 month Chapter 13 Plan the credit card debt should be discharged through the Bankruptcy Court.