In Chapter 7 bankruptcy, your "estate" consists of all assets that are subject to seizure by the court-appointed trustee, who will sell these assets to repay your creditors. In a Chapter 13, the trustee sets up a repayment schedule, which will allow you to discharge your debts after paying...
Whether you are filing chapter 7 or 13, it is important to have a bankruptcy attorney like Pleva Law of Huntsville on your side.
you could be forced to pay additional fees with the additional paperwork. Should you leave out an asset—whether on purpose or accidentally—your Chapter 7 trustee may take the property when it is later discovered. If you don’t include all the required information, your bankruptcy might be di...
Bankruptcy lawyer Alisa Admiral is an expert attorney specializing in chapter 7, chapter 13, chapter 11 bankrupty law in Los Angeles, California, South Bay region.
Bankruptcy Lawyer Memphis, TN Arthur Ray Law Offices FREQUENTLY ASKED QUESTIONS Why File For Chapter 7 Bankruptcy? https://youtu.be/qp6CXG0La-w A Chapter 7 may wipe out all your debts (with certain exceptions), but you may not be able to keep your house,
“The (post-petition tax) debt isn't discharged in the bankruptcy case, and the bankruptcy code prohibits filing for a Chapter 7 bankruptcy more than once every eight years,” he said. “So that debt wouldn't be going anywhere.”
Bankruptcy lawyer Alisa Admiral is an expert attorney specializing in chapter 7, chapter 13, chapter 11 bankrupty law in Los Angeles, California, South Bay region.
A Chapter 7 bankruptcy will stay on your credit report for 10 years, and a Chapter 13 will remain on your credit report for seven years. The clock starts on these time periods once the case is filed, not after the case is finished. ...
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Chapter 7 Refiling The Bankruptcy code provides that a Discharge in a Chapter 7 case can only be issued by the Court once every eight years. Technically you can file more often but the filing will not result in entry of a Bankruptcy Discharge. Despite such a limitation, there may be a ...