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Filing a Chapter 11 Bankruptcy is a complex process. Finding a qualified attorney who is compassionate and understanding is an important first step. Compassion and understanding is a necessary requisite for such an attorney because a person files a chapter 11 bankruptcy because he/she has basically run out of any financial options like further bank loans. Checking out genuine review sites for bankruptcy attorneys on Google is perhaps a good place to start.
What else can I help you with?
How do you find out when you filed chapter 7 bankruptcy?
You can find out when you filed for Chapter 7 bankruptcy by checking the public records at the bankruptcy court where your case was filed. You can also contact your bankruptcy attorney or the trustee assigned to your case for this information.
If planning to file chapter 7 bankruptcy California when is the time to voluntarily give back vehicle?
Ask the attorney that is filing your Chapter 7 case.
Do you need assets to file bankruptcy?
No, you don't need assets to file for bankruptcy, except for money for the attorney's fees. For a chapter 7 case, the average fee will be $1,500.00. For a chapter 13 case, the average fee is usually about $3,000.00, but it's paid out in monthly installments over a 3-5 year period.
What bankruptcy should you file?
The type of bankruptcy that you file all depends upon your personal case. If you have little in the way of assets and a lot of unsecured debt, then Chapter 7 is likely going to be the Chapter to file. If you are trying to save a home from foreclosure or reorganize other types of debt, then Chapter 13 would be your best choice. Consult with an attorney to make certain you are filing the proper Chapter for your particular case.
How do you dismiss chapter 13?
To dismiss a Chapter 13 bankruptcy case, you typically need to file a motion with the bankruptcy court. This motion must outline the reasons for the dismissal, such as failure to make plan payments or non-compliance with court orders. If the court approves the motion, the case will be dismissed, and the debtor will no longer be protected under bankruptcy law. It's important to consult with a bankruptcy attorney to navigate this process effectively.
How much does bankruptcy usually cost?
The cost of bankruptcy can vary significantly depending on the type (Chapter 7 or Chapter 13) and the complexity of the case. Generally, Chapter 7 bankruptcy can cost between $1,500 and $3,000, including attorney fees and court costs, while Chapter 13 may range from $3,000 to $6,000 or more due to the longer repayment process. Additional expenses may arise from required credit counseling and financial management courses. Overall, it's essential to consult with a bankruptcy attorney for a more accurate estimate based on individual circumstances.
Can you include the remaining balance of a repossession on a Chapter 7 bankruptcy?
Most folks do so. Ask your B/K attorney for state/case specific advice. Yes
Can you protect your home in chapter 7 bankruptcy in Arkansas?
When you fill out the forms for the bankruptcy, make sure that you "reaffirm" the mortgage. That means that you will continue to pay the mortgage as agreed. The bankruptcy trustee that will be assigned to your case will guide you through the rest. HIRE AN ATTORNEY!! IF you own a home,,,NEVER go it alone for a bankruptcy.
What should I do if you have a on going workmans comp case and your employer files Chapter 11 Bankruptcy?
File away; worker's comp cases may be the kind of debt the company must pay regardless of their chapter 11 status. Ask your attorney handling your case.
Is there a time limit to reopen a chapter 7 bankruptcy?
No, there is currently no time limit to reopen a chapter 7 bankruptcy filing. However, it will be up to the bankruptcy court if the case is reopened.
How are attorneys fees calculated for a bankruptcy case?
Attorneys' fees for a bankruptcy case are typically calculated based on the complexity of the case, the attorney's experience, and the time required to complete the work. Many bankruptcy lawyers charge a flat fee for standard cases, such as Chapter 7 or Chapter 13 filings, with additional fees for complications or extra services. In some instances, hourly rates may apply, especially for more complex situations. Additionally, the total fees must be approved by the bankruptcy court to ensure they are reasonable.
Can a chapter 13 bankruptcy be dismissed if the petitioner dies?
Yes, a Chapter 13 bankruptcy can be dismissed if the petitioner dies. Typically, the trustee or another party involved in the bankruptcy case will file a motion to dismiss the case due to the petitioner's death.
