Can a Creditor Object to Discharge in Chapter 7 Bankruptcy After the Deadline?

Answer A Chapter 7 bankruptcy is known as a total bankruptcy, since it allows for full discharge of debts. However, a Chapter 7 bankruptcy also gives the bankruptcy court greater power to sell debtor poss... Read More »

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How to Discharge a Second Mortgage in Chapter 13 Bankruptcy?

Bankruptcy discharge releases the debtor from liability on the part of the debt. The debtor is no longer required to pay any debt that is discharged, and creditors cannot take action to recover the... Read More »

How soon after filing a chapter 7 bankruptcy can you file a chapter 13 bankruptcy?

The U.S. Bankruptcy Code allows debtors to file for bankruptcy multiple times, but has changed the number of years you must wait between filings. Previously, a debtor could file under either Chapt... Read More »

What Is a Contingent Chapter 7 Creditor Claim?

If you file for bankruptcy under Chapter 7 of the U.S. Bankruptcy Code, anyone seeking to get money from the sale of your assets can file a claim with the court. In some cases, someone could file a... Read More »

What If There Is a Missing Creditor on the Credit Matrix in Chapter 7?

The process of filing for Chapter 7 bankruptcy requires you to submit an immense amount of paperwork to the bankruptcy court. If you end up leaving a creditor off a creditor matrix, your case may g... Read More »