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In a touch economy, there has truly been an uprise in the number of bankruptcy court cases filed everyday. Filing for bankruptcy is something that should never make a person feel ashamed or guilty. Rather, bankruptcy is a normal part of what happens when the economy takes a turn for the worse and people lose their jobs. This article will discuss the best ways that a person can handle his or her bankruptcy situation.

When a person feels that debt becomes too much to bear, then it may be time to file for bankruptcy. If a person is unable to make his or her monthly payments on credit cards or simply owes too much in loans, then it is a good idea for this person to begin considering the possibility of filing for bankruptcy. If a person is unsure whether or not he or she should file for bankruptcy, then it is a good idea for this person to consult with a bankruptcy lawyer. A bankruptcy lawyer often gives a free consultation to any person that comes into his or her office. This consultation will reveal whether or not a person qualifies to file for a certain type of bankruptcy, as well as whether or not it is in a person's best interest to file for bankruptcy.

To file for certain types of bankruptcies, there are certain conditions that must be met. For example, if a person wants to file for a Chapter 13 bankruptcy, then he or she will need to have a regular and stable income. If a person is a student without an income, then he or she will be unable to file for a Chapter 13 bankruptcy. If a person also does not have any assets, then he or she will likely be unable to file for a Chapter 13 bankruptcy.

It is truly a good idea for a person to carefully consider the type of attorney he or she gets to work on a bankruptcy case as well. A person will need to make sure that an attorney is qualified to work on his or her case. A person should always make sure that a lawyer is in good standing with the bar association of a certain state, otherwise a case may be dismissed in court. One does not want to have this happen in court, since it can often be embarrassing and cost a person a lot of money.

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13y ago

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Related Questions

Bankruptcy docket number?

A bankruptcy docket number is the number that the court assigns a person's case. The court will call your case by the docket number.


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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.


Can you find your bankruptcy case?

Certainly. Unless ordered sealed by the court, ALL court cases are public record. Just go down to the courthuouse where you filed your actiion and speak to the Clerk Of The Court's office.


What happening to you if the court reopen your bankruptcy case?

Motions to reopen bankruptcy cases shall be accompanied with the payment of any prescribed filing fees. Payment of the filing fee to reopen a bankruptcy case filed by the trustee due to the discovery of additional assets in the estate shall be payable at the time the motion to reopen is filed.


Can filing bankruptcy stop a supreme court lawsuit?

Some states call their trial courts supreme courts. In most states, the supreme court, like the federal Supreme Court, is the highest appellate court in the state. A bankruptcy may not stop a case on appeal to a state supreme court. But if it is a trial court, then bankruptcy can stop a case from going forward. Consult a local bankruptcy lawyer.


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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.


How do you write a motion to the court for dismissal of bankruptcy?

To write a motion to the court for dismissal of a bankruptcy case, begin by clearly stating your request at the top of the document, identifying the case number and the parties involved. Include a brief introduction explaining your reasons for seeking dismissal, such as noncompliance with bankruptcy requirements or a change in financial circumstances. Follow with supporting arguments and any relevant evidence, and conclude by requesting a hearing date. Ensure the motion is signed and filed with the court, and serve copies to all relevant parties.


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What are the IRS guidelines for a budget to submit to bankruptcy court?

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