Category: Bankruptcy Rules
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Bankruptcy Official Form 423
Did you receive Bankruptcy Official Form 423? Not sure what to do with it? Read on to learn more about this important bankruptcy form. Bankruptcy Courses If you are on the receiving end of Bankruptcy Official Form 423, then it is safe to say that you are in the middle of a bankruptcy. The law requires…
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How to Amend Your Bankruptcy
Have you ever wondered how to amend your bankruptcy case? Read on to learn more about this important subject. Bankruptcy Amendments From time to time you may need to amend your bankruptcy case. You may have forgotten about a creditor or failed to list an asset. Perhaps your bankruptcy trustee has pointed out an error…
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Bankruptcy Motion to Compel Abandonment
Own a business? Filing a Chapter 7 bankruptcy? You may need to file a Motion to Compel Abandonment. This will let you keep operating your business while you are in bankruptcy. The Trouble with Businesses and Chapter 7 Bankruptcy When a person declares Chapter 7 bankruptcy, everything they own is temporarily “owned” by the bankruptcy…
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How to Reopen Bankruptcy Case
The Bankruptcy Court has discharged and closed your case. Everything is going well. You probably do not want to think about going back to the bankruptcy court. However, in certain situations, you may need to reopen your bankruptcy. Read on to learn more about this procedure. Why Reopen a Bankruptcy? For most consumer debtors, the most…
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What is a Bankruptcy Adversary Proceeding?
An Adversary Proceeding in a bankruptcy case is a big deal. You can think of an Adversary Proceeding as a lawsuit that occurs within an existing bankruptcy case. Read on to learn more about this important bankruptcy tool. In most consumer bankruptcy cases, there isn’t a lot to fight about. The bankruptcy filer discloses all…
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Don’t Forget Your Social Security Card
There is a lot to remember during the bankruptcy process. A very important part of each bankruptcy is the Meeting of Creditors. Are you prepared for yours? Bankruptcy Meeting of Creditors At your Meeting of Creditors (sometimes called a 341 Hearing by attorneys), you will be asked some questions. The questions are about your bankruptcy papers and…
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How To Amend Bankruptcy List of Creditors
Your bankruptcy petition should be as perfect as possible before it is sent to the court. However, issues can arise after filing. A common problem is the failure to list all creditors. Here is how to amend your bankruptcy petition to fix that problem. Listing All Creditors is Important When a bankruptcy petition is submitted to…
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Filing Bankruptcy in December? You Need to Read This.
Something big happened this month in the bankruptcy universe. The official forms provided by the United States Bankruptcy Court completely changed as of December 1, 2015. Unlike official forms in other types of legal proceedings, these bankruptcy forms — often called the “petition and schedules” — are mandatory for all bankruptcy filers. Said another way,…
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When Are Chapter 13 Payments Due in Sacramento?
Chapter 13 bankruptcy is a reorganization bankruptcy where the court lets you repay some of your debts over time. Chapter 13 bankruptcy is great for people that do not qualify for Chapter 7 bankruptcy or just need some breathing room to figure out their finances. Every Chapter 13 case involves a monthly payment by the…
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Credit Reports After Bankruptcy
I tell all of my clients to check their credit reports after bankruptcy. There are some dirty tricks that some creditors are using to impact your fresh start. But you don’t have to put up with it. Read on to learn more. After your bankruptcy has been discharged, your credit report should list your unsecured…