Can a debtor file an objection to a chapter 13 wage order?

Answer A wage order in a Chapter 13 bankruptcy is a court order requiring the debtor to pay a specific amount of money to the trustee every paycheck. A debtor can file an objection to a wage order, which ... Read More »

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Can a debtor file involuntary petition for Chapter 7?

Chapter 7 bankruptcy is the most common form of bankruptcy and is essentially a straight liquidation. According to the U.S. Court, an involuntary petition can only be filed by a debtor for Chapter ... Read More »

When do I have to file the debtor education certificate in a Chapter 13 bankruptcy?

The credit counseling course is taken before the bankruptcy is filed with the court. You must submit the certificate of completion for the course when you or your lawyer files the bankruptcy papers... Read More »

Can only an individual be a debtor under Chapter 7?

Chapter 7 bankruptcy offers bankruptcy to both individuals and businesses. In fact, an involuntary Chapter 7 may be filed through a petition from creditors with claims against an individual or busi... Read More »

How many assets can a debtor in Chapter 7 have?

Chapter 7 bankruptcy is known as straight bankruptcy or liquidation. The total value of assets that are exempt–property, vehicles, etc–varies from state to state but can be as low as $10,000 in... Read More »