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I confess I'm confused by this, but it seems he has a time period to ask to extend, and a time period he really can't extend past. Try reading these cases...your answers in there somewhere!

http://207.41.19.15/Web/bap.nsf/0/F8D484245F58087688256A0300782885/?opendocument http://www.txnb.uscourts.gov/opinions/hdh/05-35210_20051205.pdf

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17y ago

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Related Questions

What is a Do It Yourself Bankruptcy?

Do it yourself bankruptcy is when one files for bankruptcy themselves. There are many sites offering advice on this subject and books are available to buy from the internet.


What has the author Janice Kosel written?

Janice Kosel has written: 'Bankruptcy, Do It Yourself' 'Bankruptcy, Do It Yourself (Nolo Press Self-Help Law Books)' 'Chapter 13' -- subject(s): Bankruptcy, Forms, Popular works


I am my mother's legal trustee due to alzheimers I am filing BK will this affect my trustee status?

Question is unclear. Who are you filing bankruptcy for, her, or you? If for her, it should not affect you, personally or financially, in any way. If you are filing bankruptcy for yourself, your status as the trustee of, and your availability to, someone else's assets may come under close scrutiny by the bankruptcy court and your creditors. It they suspect, or can prove, any co-mingling of your assets with that of your mother's, REAL problems could ensue.


When filing bankruptcy do you list the original creditors or the collection agencies?

You will list on the petition the actual names of the creditors not the collection agencies. After you file your petition you will give your docket number to any of the creditors or the collection agencies who are trying to collect monies for the creditors listed on the petition when they call you or send their demand letters. Please be very careful to include ALL the creditors you wish to declare bankruptcy on. Once you file your petition you cannot add creditors later. You can actually amend your BK Schedules anytime prior to discharge, so if you forget someone, its not too late. However, you will have to mail the notices of Commencement of Chapter 7 yourself and will be responsible for renoticing the creditors if notices are returned due to a dead address or forwarding expiration. I recommend listing both the collection and the original creditor. The collection agency may have purchases the debt and be more than a collection agency at that point. Also, listing the collection agency means that that they will be notified of the automatic stay directly by the court and the phone calls will stop sooner. Regardless of what you do, remember that the new law that goes into effect in October 2005 requires you to list the original creditor at the address on your statements. I am a bankruptcy attorney and I always list both the original creditor and the collection agency or attorney representing the original creditor so that the creditor cannot later complain that they did not receive proper notice of the bankruptcy. I always pull a fresh credit report from all 3 bureaus on the date the petition is filed so that I don't miss any creditors who may have bought an account or that are representing a creditor in some way.


Bankruptcy Worksheet?

Get StartedA debtor is a person or entity that owes a debt or obligation to another. A creditor is a person or entity to whom a debt is owed.The United States Bankruptcy Code is a federal law that permits qualified debtors to:discharge some or all of their debts in exchange for giving up all of their nonexempt assets, orreorganize their debts in an attempt to pay them back under relaxed terms.A bankruptcy may be voluntary (initiated by the debtor) or involuntary (initiated by the creditors). To begin a voluntary bankruptcy, the debtor files a petition in the United States Bankruptcy Court. Upon filing the petition, the debtor receives an automatic "stay" which orders creditors to pause in their collection efforts during the bankruptcy process. The debtor must file detailed information with the bankruptcy court identifying all assets, debts and creditors. All creditors must be notified of the bankruptcy so that each creditor can file notice of its claim with the bankruptcy court.By filing the petition, the debtor permits the creation of the bankruptcy "estate" which includes all of the debtor's assets, except those assets that the debtor successfully claims as "exempt" (those that are necessary so that the debtor can live and work). The rules for determining what property becomes part of the bankruptcy estate are complex. A court-appointed bankruptcy trustee administers the estate.There are several different types of bankruptcy to choose from. Each type is referred to by the Chapter of the Federal Bankruptcy Code in which it appears. In general, a Chapter 7 bankruptcy results in a sale of all of the debtor's non-exempt assets, but most debts are then discharged. Note that a debtor cannot discharge its debts if the new petition is filed within 6 years of a prior bankruptcy petition. In a rehabilitation case filed under Chapters 11, 12, or 13, the debtor retains his assets and makes payments to the creditors, usually from the post-bankruptcy earnings, pursuant to a court-approved payment plan which is more relaxed than it had been before bankruptcy.Anyone who is interested in filing bankruptcy should consult a qualified attorney. However, the information in this worksheet should save you and your attorney time in the preparation of your bankruptcy materials. By saving your attorney time, you may be saving yourself money."


If you are unemployed can you pay off the bankruptcy yourself?

If you are unemployed, your benefit compensation would hardly be enough to pay off a bankruptcy.


If your ex spouse files bankruptcy will the creditors come after you on the accounts that were joint accounts and will you need to file bankruptcy on those debts as well?

If they were joint accounts and are discharged, the creditors will come after you, unless your divorce decree makes your ex-spouse solely liable for them.If you are on the hook for them, you may file your own bankruptcy, but you cannot just list those debts. All debts that you owe must be listed in your bankruptcy schedules, or you may find yourself in trouble.Another PerspectiveYou must consult with an attorney who specializes in bankruptcy. A creditor may not be subject to a divorce decree. For example, a mortgage and note signed by both parties cannot be transferred to one party by a divorce decree where the lender is concerned. It owns the debt and if it isn't paid the lender can take possession of the property by foreclosure. Joint debts are a complicated area of law.


Can you cosign for a car while in chapter 13 bankruptcy?

No. You would not be a good credit risk nor a sensible guarantor if you are in bankruptcy yourself.No. You would not be a good credit risk nor a sensible guarantor if you are in bankruptcy yourself.No. You would not be a good credit risk nor a sensible guarantor if you are in bankruptcy yourself.No. You would not be a good credit risk nor a sensible guarantor if you are in bankruptcy yourself.


Where do you see yourself in five years when applying for a creditors clerk position?

bEING A SENIOR EXECUTIVE


Filing for Bankruptcy?

No one ever plans to file for bankruptcy, but if you ever find yourself in a financial bind, filing for bankruptcy to remove most of your debts may be the only alternative you have to start over again and reclaim your life. By filing for bankruptcy, you can protect yourself from creditors that may try to repossess your property and who often make harassing calls to your home. In the United States, individuals that need to declare bankruptcy can file for either chapter 7 or chapter 13 bankruptcy protection. Chapter 7 bankruptcy protection is the typical bankruptcy that everyone thinks of when they hear the word. In chapter 7 bankruptcy, the courts will try to liquidate your assets in order to pay off your creditors. Once all your assets have been sold off, the rest of your debts will be discharged by the bankruptcy court. Chapter 13 bankruptcy is slightly different. Chapter 13 bankruptcy is often called a working man's bankruptcy and is intended for people that have jobs. In chapter 13 bankruptcy, your bills become reorganized and consolidated. You will then have to work out a payment plan for the courts. Once the court has approved your plan, you have a certain amount of time to pay off your debt according to the plan. Should you fail to adhere to the plan, your bankruptcy protection will be nullified, opening you up once again to creditors. In order to qualify for chapter 7 bankruptcy protection, you need to pass what the government calls a means test. In order to pass the means test and meet the qualifications for chapter 7 bankruptcy, you need to earn less than the median income of the state in which you reside. If you earn more than $167 over the median income of the state you do not qualify for chapter 7 bankruptcy. Many people want to qualify for chapter 7 because it discharges most of their debts instead of making them repay it later as in chapter 13. Chapter 7 and chapter 13 bankruptcies can eliminate most debts, but some debts can almost never be discharged by bankruptcy courts. This includes student loan debts, lawsuit awards, spouse and child support, and most taxes. Also before filing for bankruptcy it is important to know how a filing can affect the rest of your life. For one thing, chapter 7 stays on your credit report for up to 10 years. Chapter 13 bankruptcy will remain on your credit report for 7 years. Having a bankruptcy on your credit report will make it difficult to obtain loans, get credit cards, find housing, or even gaining employment.


Bankruptcy Filing Infromation?

Filing for bankruptcy can be a chilling thought, but some people will find that filing for bankruptcy is the only option available. If this sounds like you, it is going to be necessary to have as much information as you can to guide you through the bankruptcy policy. Where can you go to find information on your bankruptcy proceedings?Find Out As Much As You Can OnlineYou can find out a lot of things by going online and searching for some basic information. Find out if you are eligible for a Chapter 7 bankruptcy instead of having to file for Chapter 13. The type of bankruptcy that you will file for is going to impact the decision that the court will make and how much you owe creditors. Knowing what to file can provide you an advantage going into court.Hire A LawyerOnce you know the basics of what to expect, it would be a good time to contact an attorney. A bankruptcy attorney can help you go over your assets and what you might have to give up as a result of the proceedings. A good attorney would also be able to work with creditors to possibly keep you out of bankruptcy court. It is actually a better outcome for both sides to settle before gambling in bankruptcy court.What Information Should You BringPreparing for your day in court should be a top priority. Have all of your financial documents together and bring them to court. A compelling argument needs to be backed up with facts and evidence. More evidence to prove your case in court will result in a favorable ruling from the court.Take as much time as you can to get yourself familiar with the process of filing for bankruptcy. Know what you can file for, bring an attorney to advise you and make sure you have all the documents that you need in order to obtain a favorable ruling. The last thing you want is to have to continue to make payments to creditors after being approved for bankruptcy.


Why is the extension for curtin it services 9000?

cause you touch yourself at night