0
What if your attorney did not inform you of form 23 in chapter 7 bankruptcy?
Hoskiegirl
my attorney did not inform any form and anytheng. his name is Everardo V. Valencia.Emploe name is Ivonne M. Saldivar. they dont no any answer to be inform me.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
Where can I find some useful information about bankruptcy?
Most individuals who file for bankruptcy do so under Chapter 7, Title 11 of the US Bankruptcy Code. It is the most common form of bankruptcy in the United States. You can visit Wikipedia.com for basic information about straight bankruptcy, and www.uscourts.gov for more detailed, formal information. It is advisable to seek the assistance of an attorney, as bankruptcy cases can be complicated and lengthy.
What is in chapter 7 for bankruptcy information?
In Chapter 7 bankruptcy, you would achieve the end ultimately faster, and basically be able to restart your financial life sooner. It is the most common form of bankruptcy and debts would be discharged months after filing the bankruptcy.
What is chapter 7 bankruptcy liquidation?
A Chapter 7 bankruptcy is a "straight bankruptcy" where the assets are liquidated. This differs from Chapter 11 and Chapter 13 bankruptcies, where the company is reorganized. For more information see the related link.
What is the bankruptcy differences?
The difference between the types of bankruptcies have mainly to do with whether the filing is for an individual or a business. There are two types of bankruptcy for individuals. Those are Chapter 7-by far the most commonly filed form of bankruptcy and Chapter 13-which is more of a debt consolidation type of bankruptcy. Both have various positives and negatives. The article below goes into the specifics of Chapter 7 vs Chapter 13.
What is a straight bankruptcy?
Basically, a straight bankruptcy means a Chapter 7 "No Asset" Bankruptcy. This type of bankruptcy is of the simplest form, and I say the simplest because there are no assets involved, and/or if there assets such as a home and vehicle, they are secured as collateral and are under water, such that a trustee would not be interested in selling off for the benefit of the creditors. A Chapter 7 Bankruptcy "No Asset" pretty much takes about 3-5 months from filing to discharge, the goal being to liquidate, if any and obtain a fresh start. Call me at: 1-888-291-6682 for any bankruptcy related questions. I am a licensed California Attorney.
Where could someone obtain Chapter 7 bankruptcy forms?
One can obtain a Chapter 7 bankruptcy form by contacting the local banking facility. One can also go online at visit one's local government website (for US citizen's it's the usa.gov) and get the form online.
If you file bankruptcy?
What happens if you file bankruptcy differs depending on what chapter of bankruptcy you or your business decides to file under. The most common form of bankruptcy for the individual is Chapter 7. Under Chapter 7 bankruptcy, the banks may liquidate property and assets-except things that are explicitly protected. After this, most debts are forgiven-but not all, as certain debts do not qualify. Your credit score will then be severely damaged by the filing, but you will be free to slowly bring it back up as you will not be suffocated by debt. The article below goes into further detail on the process of bankruptcy.
What does chapter 11 bankrupty mean?
Chapter 11 is a form of bankruptcy that involves a reorganization of a debtor's business affairs and assets. It is generally filed by corporations which require time to restructure their debts.
How do you file a personal bankruptcy?
The first step in filing bankruptcy is collecting all of your personal financial information. This will include a list of all your secured and unsecured debts (you might find ordering your credit report helpful), tax returns for the last two years, deeds to any real estate you own, car titles, and any other loan documents you may have. Most individuals will choose between filing a "Chapter 7" bankruptcy and a "Chapter 13" bankruptcy. You will benefit from consulting with a bankruptcy lawyer, when determining which form of bankruptcy you should pursue. When you are looking for a bankruptcy lawyer, you will typically benefit from hiring a lawyer who handles a lot of bankruptcy cases, and has good systems in place for processing bankruptcy forms and filings. If you are able, you may wish to seek a referral to a bankruptcy attorney from a lawyer you know and trust. If not, this is a category of lawyer that is often easiest to find through your local Yellow Pages.
What type of form am I you looking for with a chapter 7 discharge paper?
Once all the matters have been resolved, the discharge comes from the Bankruptcy courts.
Where can I find a sample form for a Motion to reopen a chapter 13 bankruptcy plan in Pennsylvania?
on a motion to reconsider what information is needed in the motion area
Which damages your credit rating more chapter 7 or chapter 13?
If you have to file bankruptcy, your credit has already been seriously damaged by your credit history. Any form of bankruptcy will help. Chapter 7 will help the quickest, since everything happens, if filed properly, within 6 months. Chapter 13s can last up to 5 years, and most fail before the plan is completed.
