Sort Refine Results
Refine By close
Area of Law

Articles

Results: 21 - 40 of 10000 for "How to File for Chapter 7 Bankruptcy"

What Happens to Debts I Incur After I File for Chapter 7 Bankruptcy?

Site: thebankruptcysite.org
... Keep reading to learn about the different kinds of post-petition debts in Chapter 7 bankruptcy and how ... (To learn more about secured debt and how it is treated in Chapter 7 bankruptcy, see Nolo’s article ... Secured Debts in Chapter 7 Bankruptcy.) ... Reaffirming a Debt Sometimes after you file a Chapter 7 bankruptcy, a creditor will try to get you to ... Assuming a Lease If you signed a lease agreement before you filed a Chapter 7 bankruptcy, it’s ... What Happens to Debts I Incur After I File for Chapter 7 Bankruptcy? ...
Read More

How Long Does Chapter 7 Bankruptcy Take?

Site: nolo.com
... How Does Chapter 7 Bankruptcy Work? ... How Long Will Chapter 7 Bankruptcy Take? ... The how long it will take your Chapter 7 case to progress through bankruptcy will vary depending on your ... Your Chapter 7 bankruptcy case begins when you file the bankruptcy paperwork with the court. ... your Chapter 7 bankruptcy to linger on: The trustee needs more information. ... How Long Does Chapter 7 Bankruptcy Take? ...
Read More

Chapter 7 Bankruptcy Document Checklist

Site: thebankruptcysite.org
... When you file for Chapter 7 bankruptcy, you must disclose all aspects of your financial affairs and prove ... 7 bankruptcy. ... Learn more about what to expect in The Bankruptcy Process: Chapter 7. ... Documents You’ll Need to Complete Chapter 7 Forms The average Chapter 7 bankruptcy petition is ... Chapter 7 Documents Needed After Filing The court will want verification that the information provided ... Chapter 7 Bankruptcy Document Checklist ...
Read More

Life After Chapter 7 Bankruptcy

Site: alllaw.com
... 7 bankruptcy. ... Budgeting After Chapter 7 Bankruptcy Many people file for bankruptcy due to no fault of their own after ... Credit Scores After Chapter 7 Bankruptcy Filing for bankruptcy comes with a downside—it can hurt ... Although a Chapter 7 bankruptcy will usually stay on your credit report for ten years, the impact goes ... Buying a Car or House After Chapter 7 Bankruptcy Many people are surprised to learn that filing bankruptcy ... Life After Chapter 7 Bankruptcy ...
Read More

Chapter 7 Bankruptcy: What to Avoid Before and After Filing

Site: alllaw.com
... Mistakes to Avoid Before a Chapter 7 Bankruptcy Filing The bankruptcy court will examine past transactions ... If you are filing for Chapter 7 bankruptcy, the Chapter 7 trustee can take this money and use it to repay ... What to Avoid After Filing for Chapter 7 Bankruptcy Making mistakes during the bankruptcy filing process ... Avoid Filing Under the Wrong Bankruptcy Chapter Most individual debtors file for either Chapter 7 or ... Learn whether you should file for Chapter 7 or Chapter 13 bankruptcy before filing your case. ... Chapter 7 Bankruptcy: What to Avoid Before and After Filing ...
Read More

Redeeming Property in Chapter 7 Bankruptcy

Site: alllaw.com
... Each bankruptcy chapter has particular benefits for a debtor. ... In Chapter 7, you can buy or “redeem” your secured personal property at a discount by paying ... Or read more about keeping a car in Chapter 7 bankruptcy. Why Redeem Property? ... Advantages You only pay the value of your property, regardless of how much you owe. ... Only secured personal property can be redeemed in Chapter 7. What does this mean? ... Redeeming Property in Chapter 7 Bankruptcy ...
Read More

Debts That Survive Chapter 7 Bankruptcy

Site: alllaw.com
... A Chapter 7 bankruptcy is designed to give debtors (the person or people that owe the debts and filed ... However, not all debts may be discharged in a Chapter 7 bankruptcy. ... Debts Not Discharged in Chapter 7 Bankruptcy The bankruptcy code is the law that governs bankruptcy filings ... Here are some of the most common debts that survive a Chapter 7 bankruptcy. ... in a Chapter 7 bankruptcy. ... Debts That Survive Chapter 7 Bankruptcy ...
Read More

Your Car in Chapter 7 Bankruptcy

Site: nolo.com
... People often wonder how Chapter 7 bankruptcy will affect their ability to keep their car. ... Under Chapter 7. ... Walking Away From the Car If you want to walk away from the car when you file Chapter 7 bankruptcy, ... Remember that you can't file another Chapter 7 bankruptcy for another eight years, so you could be back ... Learn more about how redemption works in Chapter 7 bankruptcy. ... Your Car in Chapter 7 Bankruptcy ...
Read More

The Chapter 7 Bankruptcy Means Test

Site: alllaw.com
... To be eligible to file a Chapter 7 bankruptcy, you must first qualify. ... for Chapter 7 bankruptcy. ... to file a Chapter 7 bankruptcy, or start by learning more about Chapter 7 bankruptcy. ... Not Using the Marital Adjustment Deduction in Chapter 7 If you are married but filing for bankruptcy ... Learn more about how bankruptcy can affect a non-filing spouse. ... The Chapter 7 Bankruptcy Means Test ...
Read More

Chapter 7 Bankruptcy for Corporations and LLCs

Site: thebankruptcysite.org
... A corporation or an LLC files a Chapter 7 business bankruptcy, a different animal than a Chapter 7 personal ... Typically, however, a business that files for Chapter 7 business bankruptcy has liabilities that exceed ... as for Chapter 7 personal bankruptcy. ... Business Bankruptcy Won't Work for Partnerships Partnerships rarely file for Chapter 7 business bankruptcy ... Excerpted from Bankruptcy for Small Business Owners: How to File for Chapter 7, by Attorney Stephen Elias ... Chapter 7 Bankruptcy for Corporations and LLCs ...
Read More

Reaffirmation Agreements in Chapter 7 Bankruptcy

Site: thebankruptcysite.org
... , most of your debts will be discharged (wiped out) at the end of your Chapter 7 bankruptcy case. ... To learn more about how Chapter 7 bankruptcy affects different types of debt, see Your Debts in Chapter ... 7 Bankruptcy. ... And, because you've already filed for bankruptcy, you'll have to wait another eight years before you ... can use Chapter 7 again to wipe out the debt. ... Reaffirmation Agreements in Chapter 7 Bankruptcy ...
Read More

Wildcard Exemptions in Chapter 7 Bankruptcy

Site: alllaw.com
... Exemptions play an important role in Chapter 7 bankruptcy by allowing you to protect property in a bankruptcy ... 7 bankruptcy otherwise. ... Read on to learn more about the wildcard exemption and how it works in bankruptcy. ... The Role of Chapter 7 Bankruptcy Exemptions Each state has a list of exemptions. ... In Chapter 7 bankruptcy, the Chapter 7 bankruptcy trustee will sell the debtor's nonexempt property&mdash ... Wildcard Exemptions in Chapter 7 Bankruptcy ...
Read More

Tax Liens in Chapter 7 Bankruptcy

Site: nolo.com
... The primary reason people file Chapter 7 bankruptcy is to discharge, or eliminate, their debts and get ... What Happens to Tax Liens When You File Chapter 7 Bankruptcy What happens to tax liens when you file ... Tax Liens Imposed After Your Bankruptcy Filing Filing Chapter 7 triggers a statutory protection known ... A bankruptcy trustee is appointed after you file Chapter 7 to administer and liquidate assets in your ... Simply filing Chapter 7, however, would not make the lien disappear. ... Tax Liens in Chapter 7 Bankruptcy ...
Read More

Chapter 7 Bankruptcy for a Small Business

Site: alllaw.com
... Filing a Chapter 7 bankruptcy can be a smart strategy for a small business, especially for a sole proprietor ... Property in Chapter 7 Sole proprietors don't lose everything after filing a Chapter 7 case. ... Chapter 7 Bankruptcy Procedures Small business owners have more paperwork to prepare before filing for ... When a Small Business Partnership Files for Chapter 7 Bankruptcy Chapter 7 bankruptcy isn't a popular ... When a Corporate Small Business Files for Chapter 7 Bankruptcy Filing Chapter 7 can be an excellent way ... Chapter 7 Bankruptcy for a Small Business ...
Read More

The Bankruptcy Means Test: Are You Eligible for Chapter 7 Bankruptcy?

Site: nolo.com
... It's a formula designed to keep high wage earners from filing for Chapter 7 bankruptcy. ... Read on to determine if you can pass the means test and file for Chapter 7 bankruptcy. ... How Does the Chapter 7 Means Test Work? ... qualify you to file for Chapter 7 bankruptcy. ... Most people who file for bankruptcy prefer Chapter 7, which requires no repayment. ... The Bankruptcy Means Test: Are You Eligible for Chapter 7 Bankruptcy? ...
Read More

The Meeting of Creditors in Chapter 7 Bankruptcy

Site: nolo.com
... 7 bankruptcy. ... potential bankruptcy fraud evaluate whether to convert your case to a Chapter 13 bankruptcy, and sell ... Get step-by-step instructions on filing Chapter 7 bankruptcy in How to File for Chapter 7 Bankruptcy ... What to Expect at Your Chapter 7 Meeting of Creditors The trustee will call roll to ensure everyone is ... When the Chapter 7 trustee calls your matter, you’ll do the following: present your identification ... The Meeting of Creditors in Chapter 7 Bankruptcy ...
Read More

The Role of the Chapter 7 Bankruptcy Trustee

Site: thebankruptcysite.org
... When you file for Chapter 7 bankruptcy, the court assigns a bankruptcy trustee to your case. ... The Chapter 7 bankruptcy trustee comes from a pool of neutral bankruptcy trustees. ... Here’s what the Chapter 7 bankruptcy trustee is charged with doing in your case: The Bankruptcy ... your Chapter 7 petition, schedules, and supporting documents with the court. ... The Bankruptcy Trustee Sells Your Nonexempt Assets In a Chapter 7 bankruptcy, the bankruptcy trustee ... The Role of the Chapter 7 Bankruptcy Trustee ...
Read More

The Statement of Intention in Chapter 7 Bankruptcy

Site: thebankruptcysite.org
... When you file for Chapter 7 bankruptcy, you will have to complete a form called the Statement of Intention ... (Official Bankruptcy Form 8). ... On this form, you tell the court, trustee, and creditors how you plan to handle your secured debts: debts ... Secured Debts in Bankruptcy Bankruptcy discharges (wipes out) your personal liability for secured debts ... To learn more about these options, see Your Debts in Chapter 7 Bankruptcy. ... The Statement of Intention in Chapter 7 Bankruptcy ...
Read More

Filing Bankruptcy in Tennessee for Chapter 7 and Chapter 13

Site: nolo.com
... The first step toward a fresh start is understanding the differences between filing for Chapter 7 or ... Chapter 13 bankruptcy. ... To file Chapter 7 bankruptcy in Tennessee, you must pass the “means test” by having a family ... If your property doesn’t appear on the exemption list, the Chapter 7 trustee can sell it for the ... If you plan to file without an attorney, consider purchasing a do-it-yourself book like How to File Chapter ... Filing Bankruptcy in Tennessee for Chapter 7 and Chapter 13 ...
Read More

Qualifying for Chapter 7 Bankruptcy if Your Income Is High

Site: alllaw.com
... You'll qualify for Chapter 7 bankruptcy if you are able to pass the "means test," and you'll pass if ... 7 means test: Some states' median income is significantly higher than others. ... If your income prevents you from filing for Chapter 7 bankruptcy, you might be able to file for Chapter ... 13 bankruptcy. ... A bankruptcy lawyer is in the best position to explain your bankruptcy options and many offer the first ... Qualifying for Chapter 7 Bankruptcy if Your Income Is High ...
Read More