One of the foremost questions in the minds of many people think about bankruptcy is Can I file bankruptcy and keep my car? For the majority of individuals owning a car is an absolute necessity. Unless you live in a large city how else would you be able to get to work or the grocery… Continue reading Can I file bankruptcy and keep a car?
Category: Chapter 7 Bankruptcy
Where to get bankruptcy forms
When you file a Chapter 7 bankruptcy or Chapter 13 bankruptcy, your bankruptcy attorney should provide you with all the paperwork required to start the bankruptcy filing process. Your responsibility is provide your attorney with “all the stuff” necessary to file a case, as well as provide them with the necessary documents that are required… Continue reading Where to get bankruptcy forms
Are bankruptcy cases public record
When you file for bankruptcy, your bankruptcy case does become a public record. No matter the type of case Chapter 7 or Chapter 13 it can be part of a public record. However that doesn’t mean that it’s simple, free and easy to get the information for your family and friends to look at whenever… Continue reading Are bankruptcy cases public record
How will bankruptcy affect my pending divorce?
Bankruptcy and divorce – both can be sticky situations – combined them and you may have a real mess on your hands. Usually a bankruptcy takes precedence over a divorce. If you file a bankruptcy during a divorce you may delay the distribution of assets and debts until the bankruptcy case is completed. In other… Continue reading How will bankruptcy affect my pending divorce?
What bankruptcy do I qualify for
What bankruptcy do I qualify for was the question I was asked this morning as I entered an elevator this morning. It seems like a simple enough question that any attorney could easily answer in a moment or two. The problem is that determining who can file for bankruptcy is one of the more complicated… Continue reading What bankruptcy do I qualify for
Can I file bankruptcy without going to court?
Can a person file bankruptcy without ever going to court? If you file bankruptcy you are required to attend something called the meeting of creditors or Section 341 meeting. This is a proceeding at which the debtor testifies under oath that the information contained in their bankruptcy filing is accurate. In most jurisdictions the 341… Continue reading Can I file bankruptcy without going to court?
Bankruptcy when does it end
Bankruptcy when does it end is a common question. When you get a discharge in a bankruptcy it is a big step, however, it is not the end of the case. The Bankruptcy Court will enter an order closing the case that is when your case is closed. Most of the time the case will… Continue reading Bankruptcy when does it end
Bankruptcy vs debt settlement
Here are a few things that may help you decide if you should choose bankruptcy vs debt settlement. First, you will want to look at all of your debt, not merely credit card debt. If your debt is mostly unsecured debt then you will need to determine the amount of that kind of debt. If… Continue reading Bankruptcy vs debt settlement
When bankruptcy is removed from credit report
When bankruptcy is removed from credit report? Bankruptcies typically stay on your credit report for around 10 years. It will be removed automatically at the end of that period. A Chapter 7 bankruptcy usually stays for 10 years and a Chapter 13 bankruptcy stays for around 7. Bankruptcy is removed from credit report automatically. According… Continue reading When bankruptcy is removed from credit report
Bankruptcy discharge vs dismissal
May people confuse the difference between a bankruptcy discharge vs dismissal but they are two very different and distinct outcomes of bankruptcy. A bankruptcy discharge means that the requirements set out by the court have been met by the debtor(s) (the party filing the bankruptcy). In a Chapter 13 bankruptcy a discharge means that… Continue reading Bankruptcy discharge vs dismissal