Filed Chapter 7 : r/Bankruptcy - Reddit
Resources for those interested in bankruptcy, with a primary focus on consumer Chapters 7 and 13.This subreddit is established to discuss bankruptcy in the United States. If you are posting ANYTHING regarding bankruptcy in a country other than the United States, you MUST identify the country about which you are posting.
Your Chapter 7 experience : r/Bankruptcy - Reddit
Mar 23, 2023 · Met with a bankruptcy lawyer yesterday and we both agreed that filing Chapter 7 is likely my best option. $50,000 of unsecured debt (credit cards, personal loan, medical bills). Planning on reaffirming my house and car, as I have only had both for less than two years and have always been current on those payments.
Chapter 7 Bankruptcy : r/personalfinance - Reddit
Sep 5, 2023 · Chapter 7 Bankruptcy My partner (33M) has accumulated quite a bit of debt over the years. His debts include 3 personal loans totaling about $45k, two credit card balances totaling about $2.5k, and an auto loan with about 5 years/$18k remaining.
Eli5: How can someone file for bankruptcy and still have assets?
There are basically two types of bankruptcy for individuals. Chapter 7 and chapter 13. Chapter 7 basically means that the state takes all of your assets, minus things that are exempted (primary residence, primary vehicle, etc). Then, all of your debt is cleared. Chapter 13 means that you do not have to give up anything.
Chapter 7 vs Chapter 13 : r/Bankruptcy - Reddit
Aug 11, 2017 · Okay that's probably why the attorney wants you to file a 13. If you file a Chapter 7, the Chapter 7 trustee will sue your mother in law for the money you paid her within the last year, possibly the last 2 years. It's called a preferential payment - you preferred to pay an insider rather than your other creditors.
Chapter 13 or 7? : r/Bankruptcy - Reddit
Sep 23, 2023 · Resources for those interested in bankruptcy, with a primary focus on consumer Chapters 7 and 13.This subreddit is established to discuss bankruptcy in the United States. If you are posting ANYTHING regarding bankruptcy in a country other than the United States, you MUST identify the country about which you are posting.
Chapter 7 : r/Bankruptcy - Reddit
Jan 19, 2024 · Resources for those interested in bankruptcy, with a primary focus on consumer Chapters 7 and 13.This subreddit is established to discuss bankruptcy in the United States. If you are posting ANYTHING regarding bankruptcy in a country other than the United States, you MUST identify the country about which you are posting.
Chapter 7 second course : r/Bankruptcy - Reddit
Resources for those interested in bankruptcy, with a primary focus on consumer Chapters 7 and 13.This subreddit is established to discuss bankruptcy in the United States. If you are posting ANYTHING regarding bankruptcy in a country other than the United States, you MUST identify the country about which you are posting.
Pros & cons of ch. 7 : r/Bankruptcy - Reddit
May 9, 2024 · Resources for those interested in bankruptcy, with a primary focus on consumer Chapters 7 and 13.This subreddit is established to discuss bankruptcy in the United States. If you are posting ANYTHING regarding bankruptcy in a country other than the United States, you MUST identify the country about which you are posting.
Chapter 11 Bankruptcy - Why no info here? : r/smallbusiness
Jan 27, 2024 · In most cases, the Chapter 11 owners knew they were not going to make it. They filed for Chapter 11 instead of Chapter 7, though, in order to sell off their assets over time instead of at fire-sale prices. I had to prepare an accounting report on the accrual basis each month to submit to the bankruptcy court.
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