In Bankruptcy
What is Bankruptcy?
Bankruptcy is a legal proceeding whereby an individual or a business can declare an inability to pay back debts. Bankruptcy allows individuals or businesses to either restructure their debt and pays it back within a payment plan (Chapter 13), or have most of their debts absolved (Chapter 7) completely.
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Deciding to File
- Should I file for bankruptcy?
- Am I at risk for bankruptcy?
- Is it a good idea to file for bankruptcy?
- What are the advantages to filing for bankruptcy?
- What are the disadvantages to filing for bankruptcy?
- Which bankruptcy chapter should I file for?
- How much will it cost to file for bankruptcy?
- How will bankruptcy effect my credit?
- Can I keep my credit cards if I file for bankruptcy?
- Will filing for bankruptcy affect my job or my job prospects?
- What are my alternatives to bankruptcy?
- Is credit or debt counseling a good idea?
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The Bankruptcy Chapters
- What is Chapter 7 Bankruptcy?
- How Long Does a Chapter 7 Bankruptcy case take?
- Who is eligible to file for Chapter 7 Bankruptcy?
- What might disqualify me from a Chapter 7 Bankruptcy case?
- What debts cannot be discharged in a Chapter 7 Bankruptcy case?
- What debts will you be able to discharge?
- If I file for Chapter 7, will my creditors stop harassing me?
- What is a Chapter 7 Trustee?
- What is a Chapter 7 Meeting of Creditors?
- How long will a Chapter 7 bankruptcy stay on my credit report?
- What is Chapter 13 Bankruptcy?
- What are your obligations under Chapter 13?
- Who is eligible for Chapter 13 Bankruptcy?
- After I file for Chapter 13 Bankruptcy, will I still owe any debts?
- What is superdischarge?
- If I file for Chapter 13, will my creditors stop harassing me?
- What is a Chapter 13 Trustee?
- What is a Chapter 13 Meeting of Creditors?
- How long will a Chapter 13 bankruptcy stay on my credit report?
- What is Chapter 11 Bankruptcy?
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The New Bankruptcy Law
- What are the major changes in the new bankruptcy law?
- Will I have to take credit counseling classes before filing for bankruptcy?
- Will I be affected by the new bankruptcy law’s income restrictions?
- What is the “means test”?
- What if I’m barely over the median income for my state and want to file for Chapter 7 Bankruptcy anyway?
- How does the new bankruptcy law affect Chapter 13 filers?
- Will it be more expensive to file for bankruptcy?
- How will my property be valued?
- Is there anything good for debtors under the new bankruptcy law?