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...
“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.” So while past taxes might have been discharged in the ban...
Bankruptcy Simple Chapter 7 If you have been contemplating filing for bankruptcy but cannot afford the attorneys fees, there is a alternative. We can prepare your bankruptcy petition so you can file it with the Court yourself. Take our questionaire to see if your case qualifies for our services...
Filing under the wrong chapter.There are significant differences between Chapter 7 bankruptcy and Chapter 13 bankruptcy. Both forms of bankruptcy allow you the opportunity to get out of debt, but they are entirely different processes. Discuss your financial situation completely with your Florida bankrup...
bankruptcy estate. In a Chapter 7 bankruptcy, the estate’s trustee files the 1041, while in Chapter 11, the debtor is the trustee and must file both. Although private citizens don’t often file for Chapter 11, it’s important to know the trustee of any bankruptcy estate will likely be ...
Certain asbestos companies were court-ordered to establish bankruptcy trusts to compensate people harmed by their products.Asbestos trustscurrently contain over $30 billion for current and future mesothelioma victims. See if you can access trust funds.Our team can filemultiple claimson your behalf if ...
receives a subpoena to produce information about the formation of your Corporation, LLC, Partnership or Trust because of alimony, child support, bankruptcy, debt collection, foreclosure, IRS, tax collection, government enforcement action, criminal matter or anything else, Spiegel & Utrera, P.A. is...
Bankruptcy can relieve you from financial debt and obligation, but does come with a price. You do have to pay a bankruptcy attorney, usually a minimum of $200.00. On top of this fee you will have permanent results to your credit report. For the next 10 years, both chapter 7 and chapter...
Filing an income tax return after filing for bankruptcy does not have to be a problem, as long as you know what to watch out for, including when and how to file.
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...