The personalized service is second to none. They will deal with me and only me.
Generally, once you provide me with a small retainer, you can tell creditors they are no longer allowed to contact you and you can give them my information. So, I guess, creditors should stop calling after I receive my first payment of $300.00.
Yes, usually only once
Chapter 7 allows you to get a fresh start. You can get rid of all of your debt (with a few exceptions) in Chapter 7. However, in order to file for Chapter 7 you have to pass what's called the 'means test'. If you fail the means test you have to file Chapter 13, in which you provide the Chapter 13 trustee with your disposable income over a 60 month period. After five years, you get a discharge. Whoever has yet to get paid is discharged.
You can keep some of your property in both bankruptcies.
You need to visit with an attorney to find out what your choices are. Generally, the answer to which chapter you must file will be determined by what is called the 'means test'.
Refer the matter to your attorney. Creditors cannot demand payments after bankruptcy.
Yes, you must provide your last two years of tax returns. Sometimes, in a Chapter 7, you may be required to provide your next year's tax return as well.
You must take a credit counseling class (usually costs about $20) and provide my attorney will all information he requests, including six months of pay stubs, three months of bank statements, two years of tax returns, copy of vehicle titles, and of course a listing of your creditors.
The filing fee for a Chapter 7 is $335. The filing fee for Chapter 13 is $310.00. Attorney fees will vary based upon the specifics of your case. I usually charge $1,300.00 for my fee in Chapter 7, and $1,200.00 up front for a Chapter 13.
No. Student loans and domestic support obligations, and some taxes do not get discharged.
This is where the "means test" comes in. It is several pay long test that helps us determine what chapter you can file.
A bankruptcy can remove liens, but it's not automatic. If there is a lien against your property there must be a motion filed in the court to remove the lien before the bankruptcy case is finished.
With secured creditors, you put up some kind of collateral, such as a home or a car. If you get behind on those payments the creditors can then repossess or foreclose. Unsecured creditors receive no collateral, so if you miss payments with them, all they can do is try to collect via the court system by filing a lawsuit. They can't repossess anything.
It will take a couple of years, but yes, you will be able to get a loan again. I've seen people get loans immediately after a bankruptcy and if they wait two years, they generally get pretty good interest rates.
You will receive what is called a "Notice of Discharge" in the mail.
Every jurisdiction has what's called "exemptions". In Oklahoma, items such as your house, your car, your furniture and retirement plans, among others, are exempt. Anything you own that's not exempt the bankruptcy trustee will sell and try to pay back some of your creditors with that money. In the state of Oklahoma, most of your assets will be exempt.
You will not. It is exempt.
If you filed a Chapter 7 you have to wait 8 years before you can file another Chapter 7. You can file a Chapter 13 four years after a Chapter 7. If you want to file a Chapter 13 after you have filed another Chapter 13, you need to wait two years. Lastly, if you want to file a Chapter 7 after a Chapter 13 you must wait six years from the date the original case was filed.