Bankruptcy Questions? |
Frequently Asked Questions
If you are like most people, you have a lot of questions about what bankruptcy is, what the process is like, and the best way to go about it.
We have compiled a comprehensive list of common bankruptcy questions to help you. If you don't see your particular questions answered, contact us and we will make sure we answer it for you!
Bankruptcy FAQs
Chapter 7 Bankruptcy Questions
- How can a debtor minimize the amount of money or property that must be turned over to the trustee in a chapter 7 case?
- Under what conditions should both spouses file under chapter 7?
- What secured property may a debtor retain or redeem in a chapter 7 case?
- May a husband and wife file jointly under chapter 7?
- How are unsecured creditors dealt with in a chapter 7 case?
- Where is a chapter 7 case filed?
- How are secured creditors dealt with in a chapter 7 case?
- How much is the chapter 7 filing fee and when must it be paid?
- What if the debtor has no nonexempt property for the trustee to collect?
- What persons should not file under Chapter 7?
Chapter 13 Bankruptcy Questions
- What is the role of the filed attorney in a chapter 13 case?
- May a self-employed person file under chapter 13?
- What happens if a debtor is unable to complete the chapter 13 payments?
- When should a husband and wife file jointly under chapter 13?
- What if the debtor later decides to discontinue the chapter 13 case?
- May a husband and wife file jointly under chapter 13?
- What should the debtor do if he or she moves while the case is pending?
- Who is eligible to file under chapter 13?
- What if the debtor incurs new debts or needs credit during a chapter 13 case?
- How are cosigned or guaranteed debts handled under chapter 13?