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Chapter 7 Bankruptcy filing and exemptions

Author Message
Mini Profile  sunnyca2009



Joined: 04 Aug 2009
Posts: 1731


35.55 Dollars($)

Post     Post subject:

Jk Your question is not clear
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anonymous 10/11/09

Guest





0.10 Dollars($)

Post     Post subject: 403b loan outstanding

on what form of chapter 7 forms do I list an outstanding 403b loan balance, if any.
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Mini Profile  jameshogg
jameshogg


Joined: 20 Dec 2005
Posts: 10164
Location: Nevada

944.24 Dollars($)

Post     Post subject:

Hi anonymous,

It would be better if you could contact a bankruptcy attorney. He will go through the form and will let you know where you need to list the 403b loan balance.

Thanks
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sebastopol

Guest





0.10 Dollars($)

Post     Post subject: do i need a lawyer

I found a do it your self web site, where you fill the information and do the filing your self, after that do i need to have a lawyer to go the the creditors meeting?
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Mini Profile  adonis
adonis


Joined: 22 Oct 2005
Posts: 10261
Location: ALASKA

1045.24 Dollars($)

Post     Post subject:

Hi sebastopol,

It should be mentioned in the website whether or not you would be required to take the help of an attorney. But in my opinion, it is always better to consult an attorney and take decisions regarding filing bankruptcy.

_________________
Procrastination is the enemy of your financial success
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upallnight

Guest





0.10 Dollars($)

Post     Post subject: bankruptcy

I have excessive credit card debt but I have a home that is also in my husband name will my home be put up to pay my debt that is only in my name.
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Mini Profile  sunnyca2009



Joined: 04 Aug 2009
Posts: 1731


35.55 Dollars($)

Post     Post subject:

If the house is only in yoru wife's name, the credit card compnay may not be able to go after your house
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Darlene

Guest





0.10 Dollars($)

Post     Post subject: bankruptcy

Hello,
I'm on Medical Disability and trying to get rid of my house using a Short Sale with a Realtor. I need to file bankruptcy and this is the first time ever can you direct me to a person or agency that can help me.

Thank you,
Darlene
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Mini Profile  adonis
adonis


Joined: 22 Oct 2005
Posts: 10261
Location: ALASKA

1045.24 Dollars($)

Post     Post subject:

Hi Darlene,

You need to contact a bankruptcy attorney and get his opinion regarding your case. He will help you in deciding the chapter of bankruptcy that you should file.

_________________
Procrastination is the enemy of your financial success
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angel

Guest





0.10 Dollars($)

Post     Post subject:

I would like to file chapter 7 bankruptcy, i need to very badly. I have no income and have either been late on all payments or not able to make them for the past 8 months, my total debt is 14,000. I dont know what to do.
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sims

Guest





0.10 Dollars($)

Post     Post subject: Property in Florida

I am filing chapter 7 and live in Kentucky I have a 1/4 acre lot outside of Ocala paid a little over $10,000 for with property values dropping and being out of state will the trustee see it worth messing with?
Thanks
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Mini Profile  smithsussane
smith.sussane


Joined: 18 Sep 2008
Posts: 10045
Location: Alaska

921.83 Dollars($)

Post     Post subject:

Hi angel!

Welcome to forums!

You need to contact a bankruptcy attorney and go for the Means test. If you qualify the Means Test, then you would be able to file Chapter 7 bankruptcy.

Sussane
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Bubba

Guest





0.10 Dollars($)

Post     Post subject:

my husband and i own a home that is upside down with no equity, and we are filing a chapter 7 but i'm not sure which system to use, system 1 or 2 for the exemption on the house.
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Mini Profile  jameshogg
jameshogg


Joined: 20 Dec 2005
Posts: 10164
Location: Nevada

944.24 Dollars($)

Post     Post subject:

Hi Bubba,

Your best bet would be to contact a bankruptcy lawyer and he would help you to decide which system you should go for in regards to the exemptions.

Thanks
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no one

Guest





0.10 Dollars($)

Post     Post subject: inheritance received before filing chapter seven

what would happen if a cash inheritance was issued just before filing chapter 7 does it have to be reported
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