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1. Analyze Your Debt: Can You Erase Your Bills By Filing Bankruptcy? · 2. Determine Your Exemptions: Can You Keep
This part of the bankruptcy law allows a person (called a debtor in the case) to discharge certain debts by
If you have had your mortgage modified and are current with the new payments, you are eligible to file a
For those able to successfully file a Chapter 7 filing the first time around
What is a Chapter 7 bankruptcy?
Chapter 7 bankruptcy is the most common form of bankruptcy for Indiana consumers. In most cases, Chapter 7 bankruptcy allows
When a financially troubled business is unable to pay creditors, the business may file (or be compelled by creditors to
By filing for Chapter 7 bankruptcy, you are essentially turning over your nonexempt property to the bankruptcy court. You are
Chapter 7 is the most common form of bankruptcy used by individuals. It lets them liquidate their nonexempt assets to
The biggest difference between Chapter 7 and Chapter 13 is that Chapter 7 focuses on discharging (getting rid of) unsecured