Chapter 7 Legal Guides (31 found)

Written by Kent Anderson
When an individual files a bankruptcy under Chapter 7 or Chapter 11 an election to split the tax year is possible under certain circumstances. 26 USC §1398 allows an individual debtor to terminate the tax year as of the day before the bankruptcy was filed.
1 of 1 users found this helpful. Posted in Bankruptcy / Debt 4 months ago. Jurisdiction: Federal

Written by Ruben Ernesto Vasquez
On April 20, 2005, the President signed the Bankruptcy Abuse Prevention and Consumer Protection Act (hereinafter “Bapcpa”). Pub. L. No. 109-08, 119 Stat. 23 (2005). This law created the most sweeping changes to Bankruptcy law since the 1978 legislation that created the Bankruptcy Code. See steps
3 of 4 users found this helpful. Posted in Bankruptcy / Debt 12 months ago. Jurisdiction: Federal

Written by Gordon Charles Webb
Basic information on personal bankruptcy
3 of 3 users found this helpful. Posted in Bankruptcy / Debt 8 months ago. Jurisdiction: Federal

Written by Jeffrey Erich Foster
The decision to file Chapter 7 or Chapter 13 bankruptcy can be a difficult one. To assist you, I have developed a five-step program to evaluate whether bankruptcy can be used as a solution to your debt problems. For more information on the system, please visit my website, www.attorneybankruptcy.net
7 of 8 users found this helpful. Posted in Bankruptcy / Debt 7 months ago. Jurisdiction: Federal

Written by Stephen M. Dunne
Chapter 7 and Chapter 13 are two different kinds of bankruptcies available to individuals, some businesses, and married couples with financial problems. The following explains some of the basic differences between Chapter 7 and Chapter 13 Bankruptcies.
Posted in Bankruptcy / Debt 7 months ago. Jurisdiction: Federal

Written by Jeffrey Daniel Larkin
The difference between these two chapters of the Bankruptcy Code and their time lines are as follows:
3 of 3 users found this helpful. Posted in Bankruptcy / Debt 5 months ago. Jurisdiction: Federal

Written by Dustin Thomas Bower
Sometimes you get into severe financial straits and have to rely on bankruptcy. When this unfortunate happenstance occurs, which form of bankruptcy do you choose?
Posted in Bankruptcy / Debt about 1 month ago. Jurisdiction: Federal

Written by Jeff Adrian Biddle
The United States judicial system is divided into state courts and federal courts. State courts decide state law issues, while federal courts deal with limited issues typically federal in nature. Bankruptcy court is a federal court that deals SOLELY with the issue of bankruptcy.
Posted in Bankruptcy / Debt 5 months ago. Jurisdiction: Federal

Written by Avvo Staff
If you are in debt, Chapter 7 bankruptcy, otherwise known as a liquidation bankruptcy, allows you to start over by giving some of your assets to creditors.
11 of 12 users found this helpful. Posted in Bankruptcy / Chapter 7 about 1 year ago.

Written by Jeff Adrian Biddle
341 hearing? Don't you love how lawyers speak in code? Me, too. Here's what to expect at your 341 hearing. Note...breathe easy.
22 of 25 users found this helpful. Posted in Bankruptcy / Chapter 7 about 1 year ago. Jurisdiction: Arizona

Written by David Michael Benson
Take a file folder and insert a statement from every creditor you owe. Add income and asset documents. After you've finished building a compendium of your current financial situation, contact a lawyer for a list of places offering the pre-petition credit counseling required by the court.
3 of 4 users found this helpful. Posted in Bankruptcy / Chapter 7 12 months ago. Jurisdiction: Cleveland, OH

Written by Jeffrey Erich Foster
This legal guide presents an overview of filing Chapter 7. Several areas are covered, however I recommend you consult with an attorney in your area for legal advice on your individual case.
Posted in Bankruptcy / Chapter 7 6 months ago. Jurisdiction: Federal

Written by Max L Rosenberg
This guide is meant for those deep in debt who are interested in the option of filing a Chapter 7 bankruptcy.
3 of 3 users found this helpful. Posted in Bankruptcy / Chapter 7 3 months ago. Jurisdiction: Federal

Written by Michael J. Helfand
Many people jump to the conclusion that they need to file for bankruptcy without actually understanding what’s involved. Here is an overview of Chapter 7 bankruptcy, and some tips on finding an Illinois attorney to guide you through the process if you decide to file.
Posted in Bankruptcy / Chapter 7 29 days ago. Jurisdiction: Illinois

Written by Peter Francis Geraci
What is a "reaffirmation" Why should I sign one? What do I look for? Reaffirmations make your personal liability survive the bankruptcy so you should consult closely with your bankruptcy attorney before signing one.
12 of 12 users found this helpful. Posted in Bankruptcy / Debt about 1 year ago. Jurisdiction: Federal

Written by Jeff Adrian Biddle
Chapter 7 is the atom bomb of bankruptcies. Only the cockroaches survive (i.e., the IRS, student loans and obligations to your ex-spouse). There are a few other insects, but those are the biggies. Sometimes you WANT a debt to survive...those debts you RE-AFFIRM. Here's what to expect.
23 of 24 users found this helpful. Posted in Bankruptcy / Debt 12 months ago. Jurisdiction: Federal

Written by Lawrence Joseph Marraffino
People think that Chapter 7 is no longer available. However, more than 95% of our clients still quailify. Please call or write for free information. We offer a free initial consultation.
1 of 2 users found this helpful. Posted in Bankruptcy / Debt 7 months ago. Jurisdiction: Florida

Written by Joseph C McDaniel
Since the 2005 Amendments to the Bankruptcy Code, the Bankruptcy Court has changed from a user-friendly to a somewhat user-hostile environment. A good result can still be obtained, but you have be more careful now!
Posted in Bankruptcy / Debt 9 months ago. Jurisdiction: Federal

Written by Lorinda K. Jones-Lindsay
If you think a Chapter 7 Bankruptcy is right for you, then you need to obtain the following information so that a bankruptcy professional can review and analyze your case. If you're right, they can file your case and get you going on "a fresh start."
Posted in Bankruptcy / Debt 9 months ago. Jurisdiction: Federal

Written by Nathan Howard Bernstein
Chapter 7 is called "straight bankruptcy" and is the most common chapter. The goal is to file the petition and discharge debts in a prompt and orderly manner.
Posted in Bankruptcy / Debt 5 months ago. Jurisdiction: California