The Wyoming Statement of Intention for Individuals Filing Under Chapter 7 is a form required by the Bankruptcy Court in Wyoming. It is used to inform the court of an individual's intentions in regard to their debts and assets. The form must be filed at the beginning of the bankruptcy process and outlines how the debtor plans to handle secured debts, such as mortgages and car loans. It also declares any intention to surrender a secured asset, reaffirm a debt, or redeem a secured asset. There are two types of Wyoming Statement of Intention for Individuals Filing Under Chapter 7: the Statement of Intention for Individuals Filing under Chapter 7 with Secured Debts and the Statement of Intention for Individuals Filing under Chapter 7 with Unsecured Debts.
Wyoming Statement of Intention for Individuals Filing Under Chapter 7
Description
How to fill out Wyoming Statement Of Intention For Individuals Filing Under Chapter 7?
If you’re looking for a way to properly complete the Wyoming Statement of Intention for Individuals Filing Under Chapter 7 without hiring a lawyer, then you’re just in the right place. US Legal Forms has proven itself as the most extensive and reputable library of formal templates for every private and business situation. Every piece of paperwork you find on our online service is designed in accordance with federal and state laws, so you can be sure that your documents are in order.
Adhere to these simple guidelines on how to acquire the ready-to-use Wyoming Statement of Intention for Individuals Filing Under Chapter 7:
- Make sure the document you see on the page corresponds with your legal situation and state laws by checking its text description or looking through the Preview mode.
- Enter the form title in the Search tab on the top of the page and choose your state from the dropdown to locate another template in case of any inconsistencies.
- Repeat with the content check and click Buy now when you are confident with the paperwork compliance with all the demands.
- ​Log in to your account and click Download. Register for the service and choose the subscription plan if you still don’t have one.
- Use your credit card or the PayPal option to purchase your US Legal Forms subscription. The blank will be available to download right after.
- Choose in what format you want to save your Wyoming Statement of Intention for Individuals Filing Under Chapter 7 and download it by clicking the appropriate button.
- Add your template to an online editor to fill out and sign it quickly or print it out to prepare your paper copy manually.
Another great advantage of US Legal Forms is that you never lose the paperwork you purchased - you can find any of your downloaded blanks in the My Forms tab of your profile any time you need it.
Form popularity
FAQ
By the Court not approving the Reaffirmation Agreement, you will still receive a Discharge to the underlying debt! You merely continue to make the regular payments and the creditor is unable to repossess the collateral as there is no basis for repossession? just like if the Reaffirmation Agreement was approved.
The Statement of Intention for Individuals Filing Under Chapter 7 tells your creditor whether you plan to keep your lease, or if you're buying property, whether you want to surrender it, buy it from the creditor, or pursue other options for keeping it.
A reaffirmation agreement is an agreement between a chapter 7 debtor and a creditor that the debtor will pay all or a portion of the money owed, even though the debtor has filed bankruptcy. In return, the creditor promises that, as long as payments are made, the creditor will not repossess or take back its collateral.
Official Form 309A (For Individuals or Joint Debtors) Notice of Chapter 7 Bankruptcy Case - No Proof of Claim Deadline.
Creditors frequently do not automatically generate reaffirmation agreements. Sometimes creditors may not even file a reaffirmation agreement even after you have signed and returned the agreement to them.
Key Takeaways. Types of debt that cannot be discharged in bankruptcy include alimony, child support, and certain unpaid taxes. Other types of debt that cannot be alleviated in bankruptcy include debts for willful and malicious injury to another person or property.
You or your creditor must file with the court the original of this Reaffirmation Documents packet and a completed Reaffirmation Agreement Cover Sheet (Official Bankruptcy Form 27).
What Is a Reaffirmation Agreement? Reaffirmation agreements are a special feature of Chapter 7 bankruptcy. They give your creditors a chance to get you back on the hook for debt you would have otherwise discharged in the bankruptcy by allowing you to reaffirm, or re-sign, liability for a specific debt.