---

Importance of Chapter7 discharge in bankruptcy

Author	Message
	Add to del.icio.us Add to YahooMyWeb Add to Simpy Add to BlinkList
adonis Joined: 22 Oct 2005 Posts: 10562 Location: ALASKA 1089.18 Dollars($)	Posted: Mon Dec 13, 2010 1:17 am    Post subject: Like 0 Dislike 0 Hi hcare, Child support will not be included in the bankruptcy filing. If your ex is facing hardship, he may request the court for a modification in the payment plan. _________________ Procrastination is the enemy of your financial success
depressed Guest	Posted: Tue Jan 04, 2011 10:36 pm    Post subject: chapter 7 Like 0 Dislike 0 my husbund was out of work 1 year , we have lost everything and we are a 5 person family in two bedroom house , my husbund is working and getting 800 a month , can we go chapter 7 we have lots of bills collection after us including state and federal
smithsussane Joined: 18 Sep 2008 Posts: 10439 Location: Alaska 985.83 Dollars($)	Posted: Wed Jan 05, 2011 10:41 pm    Post subject: Like 0 Dislike 0 Hi Guest! Welcome to forums! You can file Chapter 7 bankruptcy if you're facing financial problems. However, in order to do so, you'll have to clear the Means Test. Unless you clear the Means Test, you won't be able to file Chapter 7. Feel free to ask if you've further queries. Sussane
Eb Guest	Posted: Sat Jan 15, 2011 2:46 pm    Post subject: Chapter 7 Like 0 Dislike 0 How much in debt do you have to be to file Chapter 7?
adonis Joined: 22 Oct 2005 Posts: 10562 Location: ALASKA 1089.18 Dollars($)	Posted: Mon Jan 17, 2011 12:27 am    Post subject: Like 0 Dislike 0 Hi Eb, You will have to qualify the Means Test in order to file Chapter 7. You need to check out what the state median income is for your state. If you've an income lower than that, then you will be able to file bankruptcy chapter 7. _________________ Procrastination is the enemy of your financial success
sonia6 Guest	Posted: Fri Jan 21, 2011 6:49 am    Post subject: chapter 7 Like 0 Dislike 0 is it true that filing chapter 13 is better than filing chapter7
jameshogg Joined: 20 Dec 2005 Posts: 10476 Location: Nevada 989.90 Dollars($)	Posted: Mon Jan 24, 2011 12:23 am    Post subject: Like 0 Dislike 0 Hi sonia, Filing Chapter 13 will help you in reorganizing your debts and saving your property. If you file Chapter 7, there are high chances that you will lose your property and it will have severe negative affects on your credit report. Thanks
Sick in Virgnia Guest	Posted: Wed Feb 23, 2011 11:43 am    Post subject: About my house and bankruptcy.... Like 0 Dislike 0 I was gift-deeded my family's home. It is paid for, but it is in great disrepair and is not worth but around $26,000; I am living here, however. I just lost my job, and my debts are in excess of $85,000. I have no savings. Can I file chapter 7 bankruptcy, and if so, can I lose my home?
jameshogg Joined: 20 Dec 2005 Posts: 10476 Location: Nevada 989.90 Dollars($)	Posted: Thu Feb 24, 2011 12:06 am    Post subject: Like 0 Dislike 0 Hi Guest, You can file Chapter 7 in order to get discharged from your unsecured debt. As the property is free and clear, your trustee can sell it off in order to recover the dues of the creditors. Thanks
dowadiddy Guest	Posted: Thu Mar 10, 2011 4:59 pm    Post subject: chapter 7 bankruptcy Like 0 Dislike 0 After filing chapter 7 how long till you can sell your home.
Niicss Joined: 03 Oct 2005 Posts: 4834 Location: New Jersey 508.88 Dollars($)	Posted: Fri Mar 11, 2011 2:12 am    Post subject: Like 0 Dislike 0 You won't be able to sell your home without the permission of your bankruptcy trustee. You should contact the trustee if you want to sell off your home.
Dennis Weber Guest	Posted: Wed Jun 22, 2011 1:48 pm    Post subject: Like 0 Dislike 0 I filed Ch 7 bankruptcy and my case is completed and dismissed. Recently I discovered that the deed is still in my name, how do I get my name off the deed, shouldn't the mortgage company be on the deed as owner of the house. The house was included in the bankruptcy.
adonis Joined: 22 Oct 2005 Posts: 10562 Location: ALASKA 1089.18 Dollars($)	Posted: Wed Jun 22, 2011 11:22 pm    Post subject: Like 0 Dislike 0 Welcome Dennis, You have mentioned that your bankruptcy filing has been dismissed. It means that you're still liable for your mortgage payments. Thus, the property will remain in your name and you need to pay the dues to the lender every month. _________________ Procrastination is the enemy of your financial success

Quick Reply
Your Name
Subject
Image Verification	Enter the code above here : Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours

Previous  1, 2, 3, 4

Page 4 of 4

---

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0