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A Chapter seven is a total liquidation bankruptcy, which means the person will have to forfeit all nonexempt property. A chapter 13 is a consolidation bankruptcy, the person keeps all of their property and pays a specified amount to the BK trustee who distributes it to creditors. The time frame for repayment under a chapter 13 is 3-5 years. With new bankruptcy reform more people will be required to file a 13 if they can pay even a small part of the debt(s). The type of filing that can be used now depends mostly on the financial status of the person, rather than which one to choose.
What else can I help you with?
What is a half round file?
This is a file, commonly a rasp, but it could be a mill file or a bastard file, that is rounded on one side and flat on the other side.
When was The Suicide File created?
The Suicide File was formed in 2000 in Boston, Massachusetts.
What is the definition of a top secret file?
A file for certain eyes only.
What is the definition of a secret file?
A file or document that is for certain people's eyes only.
What is the relation between bitrate and compression?
A MP3 file is actually a compressed WAV file. The compression is: WAV file size / MP3 file size Bitrate is the amount of kBits a mp3 file uses in 1 second. So a 320kB/s file uses 320kBit in 1 second(or 40kBytes/s) The relation is that if the bitrate gets bigger, the compression get's lower.
How long do you have to be unemployed to file chapter 7?
You do not have to be unemployed to file bankruptcy.
How often can I file for Chapter 7 bankruptcy?
You can file for Chapter 7 bankruptcy once every 8 years.
How often can you file for Chapter 7 bankruptcy?
You can file for Chapter 7 bankruptcy once every 8 years.
In Kentucky How long after bankruptcy can you file chapter 7 and can you file chapter 13 after chapter 7?
You can file bankruptcy again 7 years after the last time you filed.
How soon can you file bankruptcy after a voluntary dismissal of a chapter 13?
is it safe to file for voluntary dismissal of chapter 13 bankruptcy
Can you get your car back after a repossession if you file chapter 13 bankruptcy?
In GA Can you get your car back after a repossession if you file chapter 13 bankruptcy
If you filed chapter 13 bankruptcy and it was discharged can you file chapter 7 bankruptcy now?
Yes.
How many year after you file bankruptcy can you file bankruptcy aging?
If you are talking about a Chapter 7 bankruptcy, It takes 7 to 9 years after you can file bankruptcy again.
Who can file for bankruptcy in Wisconsin?
Anyone who is a resident of the state can file for bankruptcy in Wisconsin. There is no restriction on who can file, only for which chapter they can file in.
Can you file bankruptcy with income coming in?
Yes, you can file with an income coming in, which chapter of bankruptcy you file depends on your income
When can you file a chapter 7 bankruptcy if you had a chapter 7 discharged in December 2001?
The bankruptcy petitioner can file another chapter 7 8 years after the date of filing of a previous chapter 7.
How does one file for chapter 7 bankruptcy?
The first step is to talk with a bankruptcy attorney, then fill out the appropriate paperwork and file it with a bankruptcy court.
