When you file Chapter 7 bankruptcy, your assets will be evaluated and your trustee could sell any nonexempt property. Any money obtained by selling your property will be distributed to your creditors to satisfy the debt. If...
Filing bankruptcy can be a scary thing when you realize how much is involved. Bankruptcy has complicated laws and rules you must follow to avoid having your case dismissed or worse yet been charged with fraud. When your case...
When you file bankruptcy, your creditors must file a proof of claim with the court if they want to receive payments from your bankruptcy estate. The proof of claim forms must be submitted within 90 days after the 341 meeting...
Bankruptcy contains a set of laws called exemptions that determine what assets you are allowed to keep when you file bankruptcy. Even though bankruptcy is governed by federal law with their own set of exemptions, you can...
When you’re in a Chapter 13 bankruptcy case, you will need to make at least one appearance in the bankruptcy court. Soon after the creditor’s meeting, you will go before a judge for a confirmation hearing. Your...
