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Chapter Seven Bankruptcy: 3 Quick Tips For Preparing Your Chapter Seven Bankruptcy

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If filing chapter seven bankruptcy or even chapter thirteen bankruptcy, seems to be imminent, we seriously recommend that you review this quick start list. Just by beginning to throw specific paperwork into specific boxes, you’re creating a platform that will help make getting organized so much easier. Even, if you’re not sure about really moving forward, following these simple procedures doesn’t take much special effort and will make filing chapter seven bankruptcy that much easier of a decision to make. 1. Start collecting bills for monthly expenses such as: electricity, gas, food, cable, phone, etc. In both Chapter Seven Bankruptcy...

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Can I Turn My Chapter 13 Bankruptcy Into Chapter 7?

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If you’re finding your way through a Chapter 13 bankruptcy, you are required to send regular monthly payments to the bankruptcy trustee who will deliver your money towards your loan companies as outlined by a repayment schedule agreed upon with the bankruptcy court. In most cases, one would decide on a Chapter 13 in an attempt to save a home from foreclosure, to try and keep a vehicle from being repossessed or simply because they own properties and assets that go above and beyond the authorized exemptions they want to save. Still, if a situation comes up that makes it...

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