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What does case status 'pending close Z' mean in a chapter 13 bankruptcy?
In a Chapter 13 bankruptcy, a case status labeled 'pending close Z' typically indicates that the case is in the process of being closed, but certain final steps or requirements remain unresolved. This status may suggest that the court is waiting for additional documentation, compliance with the repayment plan, or other actions from the debtor or trustee before officially closing the case. Essentially, it means the case is nearing completion but not yet finalized.
How can you find out the status of a chapter 7 bankruptcy?
Contact the trustee who is in charge of the case.
What does a status of awaiting closing mean in a chapter 11 bankruptcy?
A status of "awaiting closing" in a Chapter 11 bankruptcy indicates that the bankruptcy case is in the final stages, where the court is preparing to finalize the plan of reorganization. This status typically suggests that all necessary approvals and agreements have been reached, and the debtor is on track to complete the process. Once closed, the bankruptcy case will be dismissed, and the debtor will emerge with a fresh start, free from the debts outlined in the plan.
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.
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.
Can I file a chapter 13 immediately after being discharged from a chapet 7?
You can only have one bankruptcy pending at a time, so if you mean after your c. 7 is closed, yes, if you mean after you get your discharge but before your case is closed, no.
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.
What is the process on how to declare bankruptcy?
First consult a lawyer for which bankruptcy chapter you qualify for and let him/her assist you with the bankruptcy procedures as bankruptcy procedures are not the same in every case. Chapter 7 and Chapter 13 bankruptcies are the most common. For more information, visit these websites: http://howtodeclarebankruptcy.net/ and filepersonalbankruptcy.org/how-to-declare-bankruptcy/.
When you file chapter 7 bankruptcy and the case was dimissed will this show up on my credit report?
Yes. It will show that you filed bankruptcy and that the bankruptcy was dismissed.
What is active bankruptcy?
Active bankruptcy means an individual or business has filed paperwork for bankruptcy and the case is ongoing. This takes quite some time in many cases and the case can be active for awhile.
Your Wife an you jointly filed chapter 13 bankruptcy if you separate will the case be dismissed?
No
Could you change your chapter 7 to chapter 13 after being discharged?
Sometimes Chapter 13 debtors need or want to convert their bankruptcy case from a Chapter 13 to a Chapter 7 bankruptcy. And sometimes the bankruptcy court will force you to convert from Chapter 13 to Chapter 7 - this is often called a "forced conversion." The reasons for conversions vary. For the most part, if you are instigating the conversion, you have a right to convert your case. But that doesn't always mean you'll qualify for Chapter 7 relief.
