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Results: 61 - 80 of 10000 for "How to File for Chapter 7 Bankruptcy"

What happens to my paid off car in a Chapter 7 Bankruptcy filing?

Site: thebankruptcysite.org
... QuestionWhat happens to my paid off car in a Chapter 7 Bankruptcy filing? ... Answer If you don't have a car loan, whether you can keep your car in Chapter 7 bankruptcy ... In Chapter 7 bankruptcy, most or all of your debts are discharged. ... Here's how to figure out if you can keep your car in Chapter 7 bankruptcy. ... To learn more about keeping your car in Chapter 7 bankruptcy, see Keeping a Non-Financed Used Car in ... What happens to my paid off car in a Chapter 7 Bankruptcy filing? ...
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How Is Income From Child Support Treated in Chapter 7 Bankruptcy?

Site: thebankruptcysite.org
... If you file for Chapter 7 bankruptcy and receive child support, you may be concerned about losing ongoing ... child support payments, payments you received before you filed for Chapter 7 bankruptcy, or child support ... for Chapter 7 is exempt and will be yours to keep. ... Child Support Received After You File for Bankruptcy In Chapter 7 bankruptcy, you get to keep income ... Even if your state does not exempt back child support, the Chapter 7 bankruptcy trustee may "abandon" ... How Is Income From Child Support Treated in Chapter 7 Bankruptcy? ...
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What if I Don’t Qualify for Chapter 7 Bankruptcy?

Site: thebankruptcysite.org
... If you find yourself needing to file bankruptcy and you don’t qualify for a Chapter 7 under the ... Chapter 13 Bankruptcy If you don't qualify for Chapter 7 because your income is too high, you may be ... able to file for Chapter 13 bankruptcy. ... (Learn how Chapter 13 bankruptcy works.) ... This can be the difference of being able to delay filing bankruptcy until you can qualify for a Chapter ... What if I Don’t Qualify for Chapter 7 Bankruptcy? ...
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Secured vs Unsecured Debt in Chapter 7 Bankruptcy

Site: thebankruptcysite.org
... When you file for Chapter 7 bankruptcy, you don't have to directly repay any of your debt. ... What happens to each of your debts in Chapter 7, including whether those creditors are paid, whether ... When you file for Chapter 7 bankruptcy, your personal liability to repay a secured debt is discharged ... As part of your Chapter 7 paperwork, you will have to tell the court and your creditors how you want ... (For more on these options, see Understanding the Statement of Intention in Chapter 7 Bankruptcy.) ... Secured vs Unsecured Debt in Chapter 7 Bankruptcy ...
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Should I File Chapter 13 Bankruptcy If I Make Too Much Money for Chapter 7?

Site: alllaw.com
... So even if you make too much to qualify for Chapter 7, filing Chapter 13 might be the right choice. ... How Chapter 13 Bankruptcy Works Failing the Chapter 7 means test—the test that qualifies you for ... through Chapter 7, as well as the hurdles they present for some filers. ... You Can Keep Your Property in Chapter 13 Bankruptcy In both Chapter 7 and Chapter 13, you’re allowed ... Find out more about how car loan cramdowns work in Chapter 13 bankruptcy. ... Should I File Chapter 13 Bankruptcy If I Make Too Much Money for Chapter 7? ...
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Pitfalls of Filing for Chapter 7 Bankruptcy Without an Attorney

Site: nolo.com
... Many people file for Chapter 7 bankruptcy without an attorney. ... For most consumers, the logical choices are Chapter 7 bankruptcy and Chapter 13 bankruptcy. ... In Chapter 7 and Chapter 13 bankruptcy filers must receive credit counseling from an approved provider ... Motions or Adversary Actions Most Chapter 7 cases move along predictably: you file for bankruptcy, attend ... How to Get Help With Your Bankruptcy If you decide to file for bankruptcy on your own, find out what ... Pitfalls of Filing for Chapter 7 Bankruptcy Without an Attorney ...
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What Does The Chapter 7 Bankruptcy Trustee Do?

Site: alllaw.com
... When you file for Chapter 7 bankruptcy, the court will assign a bankruptcy trustee to administer your ... What Does a Trustee Do in Chapter 7 Bankruptcy? ... The Chapter 7 trustee reviews the bankruptcy paperwork and checks the debtor's identification. ... The Chapter 7 Trustee Reviews the Bankruptcy Petition If your bankruptcy paperwork indicates that all ... The Chapter 7 Trustee Conducts the 341 Creditors Meeting You'll meet the Chapter 7 bankruptcy trustee ... What Does The Chapter 7 Bankruptcy Trustee Do? ...
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Will Chapter 7 Bankruptcy Prevent a Car Repossession?

Site: thebankruptcysite.org
... Read on to learn more about how Chapter 7 can help you if your car is about to be repossessed. ... The Automatic Stay Will Temporarily Prohibit Repossession When you file for Chapter 7 bankruptcy, most ... However, a Chapter 7 bankruptcy usually lasts only a few months. ... (To learn more, see Redeeming a Car Loan in Chapter 7 Bankruptcy.) Example. ... To learn more about how Chapter 7 treats your car and car loan, see Your Car in Chapter 7 Bankruptcy. ... Will Chapter 7 Bankruptcy Prevent a Car Repossession? ...
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Small Business Owners: Chapter 13 vs. Chapter 7 Bankruptcy

Site: thebankruptcysite.org
... For most small business owners, Chapter 7 bankruptcy is a better option. ... versus $335 for Chapter 7), you will almost certainly need a lawyer to file for Chapter 13, which can ... court, it usually makes more sense to close down, file a Chapter 7 personal bankruptcy to deal with ... For more on how cramdowns work, see How a Cramdown Works in a Chapter 13 Bankruptcy Case. ... Excerpted from Bankruptcy for Small Business Owners: How to File for Chapter 7, by Attorney Stephen Elias ... Small Business Owners: Chapter 13 vs. Chapter 7 Bankruptcy ...
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The Role of the Bankruptcy Trustee in Chapter 7

Site: nolo.com
... When a debtor files a Chapter 7 bankruptcy, the court appoints a bankruptcy trustee to oversee and administer ... The Chapter 7 bankruptcy trustee has many responsibilities that come with this appointment, including ... Here are the primary duties of the bankruptcy trustee in Chapter 7 bankruptcy. ... In Chapter 7 bankruptcy, you can keep, or “exempt,” a certain amount of your property, such ... It’s important to determine what will happen to your property before you file for Chapter 7 bankruptcy ... The Role of the Bankruptcy Trustee in Chapter 7 ...
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Should I File for Chapter 11 or Chapter 13 Bankruptcy?

Site: thebankruptcysite.org
... A business cannot file for Chapter 13 bankruptcy. What Is Chapter 11 Bankruptcy? ... Learn more about how Chapter 11 bankruptcy works. What Is Chapter 13 Bankruptcy? ... Learn more about how Chapter 13 bankruptcy works. ... want to file it rather than a Chapter 11 bankruptcy. ... or converted to a Chapter 7 bankruptcy. ... Should I File for Chapter 11 or Chapter 13 Bankruptcy? ...
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What Happens to a Car Lease in Chapter 7 Bankruptcy?

Site: thebankruptcysite.org
... What happens to your car lease in Chapter 7 bankruptcy depends on whether you are behind on your payments ... The Automatic Stay and Car Leases in Chapter 7 When you file for bankruptcy, the automatic stay stops ... However, if you are behind on your car lease payments when you file for Chapter 7 bankruptcy, your car ... (To learn how unsecured debts are treated in Chapter 7, see Secured v. ... Unsecured Debt in Chapter 7.) ... What Happens to a Car Lease in Chapter 7 Bankruptcy? ...
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Which Business Debts Are Discharged in Chapter 7 Bankruptcy?

Site: nolo.com
... You can learn more about how this works by reading Secured Debts in Chapter 7 Bankruptcy: An Overview ... Debts That Survive Chapter 7 Bankruptcy Some types of debt aren’t dischargeable in Chapter 7 personal ... Learn more about using Chapter 7 bankruptcy for business debts in Chapter 7 for Small Business Owners ... Not only does Chapter 7 bankruptcy hold special problems for partnerships, but filing Chapter 7 for a ... want to pick up a copy of How to File for Chapter 7 Bankruptcy, by Attorney Cara O’Neill and Albin ... Which Business Debts Are Discharged in Chapter 7 Bankruptcy? ...
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Debts Discharged in Chapter 13 Bankruptcy, But Not Chapter 7

Site: alllaw.com
... Debtors who file for Chapter 13 bankruptcy can eliminate a broader range of debt than people who file ... 7 or Chapter 13 bankruptcy. ... You can discharge it in Chapter 13 bankruptcy but not in Chapter 7. ... 7 or Chapter 13 bankruptcy. ... These debts are dischargeable in Chapter 13 bankruptcy but not in Chapter 7. ... Debts Discharged in Chapter 13 Bankruptcy, But Not Chapter 7 ...
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What Happens at a Chapter 7 Bankruptcy Meeting of Creditors?

Site: nolo.com
... Everyone who files for Chapter 7 bankruptcy—both individuals and businesses alike—must attend ... The Chapter 7 meeting of creditors (also called the 341 hearing) is a meeting at which the bankruptcy ... Up to ten other bankruptcy filers will likely be scheduled for the same hour, so other Chapter 7 debtors ... The Chapter 7 Bankruptcy Trustee Will Examine You Under Oath When your case is called, you will go up ... Your Creditors Can Also Examine You When you file for Chapter 7 bankruptcy, all of your creditors are ... What Happens at a Chapter 7 Bankruptcy Meeting of Creditors? ...
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How to File for Chapter 13 Bankruptcy

Site: nolo.com
... Most individuals choose between Chapter 7 and Chapter 13 bankruptcy. ... Chapter 7 bankruptcy doesn’t have a similar option. ... For more details, see When Chapter 13 Bankruptcy Is Better Than Chapter 7 Bankruptcy. 2. ... Before you file, you'll need to know how much property you own and how much of it you can protect using ... .) 7. ... How to File for Chapter 13 Bankruptcy ...
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Inheritances in Chapter 7 Bankruptcy

Site: nolo.com
... If you become entitled to receive an inheritance before filing for Chapter 7 bankruptcy, you’ll ... Keeping Your Inheritance in Chapter 7 In Chapter 7 bankruptcy, you can keep the things you’ll need ... Here’s how it works. ... Almost all of your assets become a part of the bankruptcy estate the moment you file for Chapter 7 bankruptcy ... Makayla filed for Chapter 7 bankruptcy on January 1, 2018. The case closed on May 1, 2018. ... Inheritances in Chapter 7 Bankruptcy ...
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Chapter 7 Bankruptcy FAQ

Site: nolo.com
... I don't own a home, but will I have to give up other property if I file for Chapter 7 bankruptcy? ... for potential Chapter 7 filers. ... I don't own a home, but will I have to give up other property if I file for Chapter 7 bankruptcy? ... To Learn More For more information on the Chapter 7 bankruptcy process, see How to File for Chapter 7 ... But because most people have very little property that is not exempt, most Chapter 7 bankruptcy filers ... Chapter 7 Bankruptcy FAQ ...
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Will the Chapter 7 Bankruptcy Trustee Abandon Your Property?

Site: alllaw.com
... If you file for Chapter 7 bankruptcy and some of your property is not exempt, you can still keep it if ... Abandonment in Chapter 7 In Chapter 7, the Chapter 7 trustee cannot take any exempt property. ... for bankruptcy two years later. ... In a typical Chapter 7 bankruptcy, most or all of the debtor’s property is either exempt or abandoned ... This is why the majority of Chapter 7 bankruptcy filers lose little or any property. ... Will the Chapter 7 Bankruptcy Trustee Abandon Your Property? ...
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Can I Keep Nonexempt Property in Chapter 7 Bankruptcy?

Site: alllaw.com
... When you file for Chapter 7 bankruptcy, almost all of your property becomes property of the bankruptcy ... File for Chapter 13 bankruptcy. Debtors can keep all of their property in a Chapter 13 case. ... Learn more about Chapter 7 and Chapter 13. ... Here are some ways you might be able to keep a nonexempt asset in Chapter 7 bankruptcy. ... Find out more by reading Trustee Abandonment in Chapter 7 Bankruptcy. ... Can I Keep Nonexempt Property in Chapter 7 Bankruptcy? ...
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