Get Bankruptcy B10 2010

Chapter 7 Bankruptcy Forms In addition, you will need to file a creditor mailing list/matrix, credit counseling certificate, any debt repayment plan you developed through counseling, and copies of pay stubs or other evidence of payment you received from your employer within 60 days of filing your petition.

Wave the Chapter 7 fees In other circumstances you may be able to file a petition with the court to reduce or eliminate your Chapter 7 filing fee. Finally, the best possible advice for any who has any amount of income through a job is to stop paying anyone and take your next paycheck directly to a bankruptcy attorney.

In general, costs ranging from $500 to $3,500 are considered typical for Chapter 7. You'll be required to pay the fee before you file, since attorney's fees could qualify as part of the debt discharged in a successful Chapter 7 filing.

Yes, under bankruptcy law, you can still liquidate in a Chapter 7, even if you do not have any or substantial assets or property. Typically, most Chapter 7 cases involve individual debtors who have no assets to satisfy any portion of their creditors' claims. These are called "no-asset" cases.

In a no-asset Chapter 7 case, you don't have any property that the bankruptcy trustee can take and sell in order to repay your creditors. Yours can be a no-asset Chapter 7 even if you own property -- that's because if all of your property is exempt, then the trustee cannot take it.

Filing Fees and Required Courses For a Chapter 7 case, the fee is $335. For a Chapter 13 case, the fee is $310. The Bankruptcy Trustee may charge a fee of $15 to $20 when you file, as well.

To amend a Chapter 7 bankruptcy petition, complete an amendment form and submit it to the bankruptcy court clerk. You are required to sign the form under penalty of perjury, just like your bankruptcy petition.

If you incur a new debt after you file for bankruptcy, it can never be discharged in that proceeding. You can't go back and add it. Bankruptcy can only address money you owe at the time you file your petition.

In most cases, the court will close your case shortly after it enters your discharge. But the court can reopen your bankruptcy case for a variety of reasons even after you receive your discharge.

Bankruptcy Amendment Procedure You can amend your bankruptcy petition at any time even after discharge. The process starts with the motion to amend your bankruptcy petition. ... You must prepare an amended schedule to include the forgotten debt and then file the motion along with the amended schedule in the court.

This includes future payments. In Chapter 7, you can discharge this kind of secured debt, but only at the cost of sacrificing any equity you have on a home or your car. In other words, the creditor will take your home or your car in Chapter 7. However, in Chapter 13, you may be eligible for a cramdown.

The bankruptcy discharge is an order from the bankruptcy court that does two things: It releases the debtor from liability for certain debts. In other words, the debtor is no longer legally required to pay the discharged debts. Not all debts can be discharged.

Chapter 13 bankruptcy cases can last anywhere from three to five years, and a lot can happen during that time. Fortunately, if your circumstances change, bankruptcy law allows you to modify the Chapter 13 repayment plan so you can still accomplish your goals.

Answer: If your income goes down during your Chapter 13 bankruptcy and you can no longer afford your monthly plan payment, you can to ask the court to modify your plan and reduce your payment amount. Whether the court will allow you to lower your plan payment will depend on a number of factors.

Plan - Amended Chapter 13 Plan -- Pre-Confirmation Once a plan has been filed, any changes proposed by the debtor must be made by filing an amended plan and not by filing a stipulation between the affected parties. ... A chapter 13 debtor who represents him or herself must file the amended plan with the clerk's office.