Chapter 7 Bankruptcy Archives - Page 2 of 2

Can I be specific about which creditors I file bankruptcy against?

S1L2022-01-27T03:36:59+00:00

No. You must disclose all your creditors, assets, and household income [...]

Can I be specific about which creditors I file bankruptcy against?S1L2022-01-27T03:36:59+00:00

S1L2022-01-27T04:16:06+00:00

Absolutely not. There are several alternative debt relief options you [...]

Is bankruptcy my only option?S1L2022-01-27T04:16:06+00:00

S1L2022-01-27T04:15:04+00:00

It really depends on your personal circumstances. If you have [...]

What happens to my credit score after filing for bankruptcy?S1L2022-01-27T04:15:04+00:00

S1L2022-01-27T04:13:57+00:00

In most instances, the answer is yes. Both Chapter 7 [...]

Will filing for bankruptcy prevent my car or other belongings from being repossessed?S1L2022-01-27T04:13:57+00:00

S1L2022-01-27T04:13:38+00:00

The right option depends on your situation. How much debt [...]

What is the difference between Chapter 7 Bankruptcy and Chapter 13 Bankruptcy? Which one should I file for?S1L2022-01-27T04:13:38+00:00

S1L2022-01-27T03:59:25+00:00

No. By law, you are entitled to certain asset protection. [...]

Does Chapter 7 Bankruptcy ‘liquidation’ mean everything I own gets taken away?S1L2022-01-27T03:59:25+00:00

S1L2022-01-27T03:58:54+00:00

No. After you file Chapter 7 and forever after you [...]

Can creditors still chase me for payments after I file Chapter 7 Bankruptcy?S1L2022-01-27T03:58:54+00:00

S1L2022-01-27T03:58:32+00:00

Yes, some obligations such as child/spousal support payments, restitution payments, [...]

Are there any debts Chapter 7 Bankruptcy can’t cover?S1L2022-01-27T03:58:32+00:00