Ask Experts Questions for FREE Help !
Ask
    chipdann1313's Avatar
    chipdann1313 Posts: 1, Reputation: 1
    New Member
     
    #1

    Feb 12, 2009, 06:12 AM
    What happens when I file bankruptcy
    What happens when I file bankruptcy
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
     
    #2

    Feb 12, 2009, 06:55 AM

    What type of bankrutpcy, business or personal

    And then will it be a repayment plan, or a other type such as a chapter 7.

    What type of things are gong to be included, is there a house, cars that are owed on, are you going to try and keep them.

    But in vague terms, you fill out about 200 pages of paper work, file it, the debtors can not longer call or write you about the debt after the court notifies them.
    There will be a first meeting of creditors giving them a chance to dispute what you have filed.
    Then the debt is discharged or a payment plan worked out depending on the type of bankruptcy filed.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Is Bridgeport Bankruptcy a legit company to file Bankruptcy with [ 7 Answers ]

Is Bridgeport Bankrupty online service a good company to file Bankruptcy. Are there any major reported complaints, like not filing Bankruptcy properly or at all.

How to file bankruptcy? [ 1 Answers ]

Hello all. I need some help on filing bankruptcy in the state of Oklahoma. I am currently divorced and most of my bad debts are with him jointly. How would I go about filing on those on behalf of me and not him? This does include a house and a car? It does not say in the divorce papers who...

Better to file bankruptcy? [ 1 Answers ]

I have recently been given notice that one of my cc companies is garnishing my wages. My credit is ruined right now (probably in the low 500's) and I have several collection accounts on my credit report. Would it be better if I just filed Chapter 13 bankruptcy? It probably wouldn't hurt my...

How often can you file bankruptcy [ 2 Answers ]

If I filed bankruptcy 5 years ago, can I file again. It was a chapter 7


View more questions Search