We are considering filing chapter 7 as we have back IRS taxes as well as credit card debt.

There is no actual question in your comments. I'm assuming you are just looking for feedback based on your facts. Generally, Chapter 7 will not...

CC - 1 filing prior to declaring for Shpt 7

I am assuming you mean UCC (but more specifically, the California Commercial Code, hereinafter CCC) and Shpt 7 means Chapter 7. A UCC filing, or in...

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Filing personal chapter 7 and business chapter 11 simultaneously

No bankruptcy filing should be taken lightly, especially Chapter 11. You should definitely look into other options, as many Chapter 11 cases that...

How do bankruptcy and judicial foreclosure interact in Oregon ? Can a homeowner still save their property ?

If you are successful with a Chapter 13 case, you may be able to avoid foreclosure altogether. If you are successful with a Chapter 7 case, the...

I want to know what is a reasonable cost to file bankruptcy- chapter 7 or 13. How do I know that I will pass the means test?

The costs of bankruptcy will include filing fees and attorney fees. Chapter 7 and Chapter 13 bankruptcy filing fees are $306 and $281, respectively...

How can I determine if going bankrupt is right for me? Would Ch. 7 bankruptcy be the best option to choose when you have equity?

This is a very loaded question that is appropriate to answer only after consulting an attorney (to make an informed decision) based on your...

What's the difference between Ch. 7 & Ch. 13 bankruptcies? Can I sell or list a NYC co-op apartment while declaring bankruptcy?

The difference that you should be concerned about in your case is whether you qualify for Chapter 7 or not (if not, you/your attorney will file...

I am currently in a chapter 13 the automatic stay has been lifted on my property can I convert my chapter 13 to a chapter 7

The attorneys before me made some good points. The major issue here is whether or not you qualify for Chapter 7, even though you probably would not...

I am currently in a chapter 13 the automatic stay has been lifted on my property can I convert my chapter 13 to a chapter 7

The attorneys before me made some good points. The major issue here is whether or not you qualify for Chapter 7, even though you probably would not...

I agree with Attorney Burdick that you calling the shape "basic" in your question already presupposes the answer. However, it would likely fall...