Posts Tagged ‘bankruptcy’
What Does Chapter 7 Bankruptcy Do With The Debt I Owe?
What Does Chapter 7 Bankruptcy Do With The Debt I Owe?
1) Secured Debt
2) Unsecured Debt
3)Taxes
4) Alimony And Child Support
Inheritance & Life Insurance Proceeds In Bankruptcy – 4 Things To Know
Inheritance / Life Insurance Proceeds In Bankruptcy – 4 Things To Know
1) Must Disclose In Your Bankruptcy Petition
2) Timing Of Receipt Of Inheritance Or Life Insurance Proceeds
3) Inheritance / Life Insurance Proceeds In Chapter 7
4) Inheritance / Life Insurance Proceeds In Chapter 13
How Will My House/Mortgage Be Treated In A Chapter 13 Bankruptcy? – 4 Things To Know
1) Pay Your Regular Monthly Mortgage Payment
2) Pay Amount You Are Behind On Mortgage
3) Option: Surrender House And Discharge The Mortgage
4) What If Your Home Has No Mortgage?
4 Common Mistakes Made During A Bankruptcy
1) Incur Debt
2) Withdrawal From Retirement
3) Transfer Property
4) Failure To Disclose Change In Circumstances
4 Common Myths About Bankruptcy
(1) “I Will Lose Everything If I File A Chapter 7 Bankruptcy” – WRONG;
(2) “Bankruptcy Will Permanently Ruin My Credit” – WRONG;
(3) “Everyone Will Know That I Have Filed Bankruptcy” – WRONG;
(4) “It Is Too Late To File Bankruptcy” – WRONG
7 Things To Give Your Attorney To See If You Qualify For Chapter 7 Bankruptcy
(1) Paystubs
(2) Expenses
(3) Tax Returns
(4) Assets
(5) Debts
(6) Household Size
(7) SOFA
4 Things You Should NOT Do Before Filing Bankruptcy
(1) Transfer Property/Assets
(2) Incur Debt
(3) Pay Unsecured Debt
(4) Pay Off Secured Debt
Chapter 7 Bankruptcy – 3 Things To Know
(1) Wipe Away Unsecured Debt (i.e. Credit Cards, Medical Bills)
(2) Manage Secured Debt (i.e. Mortgage, Car Loan)
(3) Quickly Receive Your “Fresh Start”
Chapter 13 Bankruptcy – 4 Things To Know
(1) Monthly Payment Plan
(2) Length: 3 – 5 Years
(3) Keep All Of Your Assets
(4) Discharge Debts