What is chapter seven?

Answer Debt is a serious problem in America. Money Zine reports that in 2009 American credit card debt alone was $2.5 trillion. Bankruptcy, including Chapter 7, is often the last resort for people who can... Read More »

Top Q&A For: What is chapter seven

Colorado's Chapter Seven Bankruptcy Laws?

Chapter 7 bankruptcy proceedings in Colorado are governed both by the U.S. Bankruptcy Code as well as the provisions of the local rules of the U.S. Bankruptcy Court for the District of Colorado. Ad... Read More »

Chapter Seven Bankruptcy Laws in Missouri?

Chapter 7 bankruptcy enables Missouri residents who don't earn enough money to pay off their debts to receive permanent legal forgiveness of many of their bills. However, a number of specific feder... Read More »

Florida Chapter Seven Bankruptcy Qualifications?

Filing for Chapter 7 bankruptcy allows a debtor to discharge most types of debt that cannot be paid by liquidating nonexempt property. Because the power of Chapter 7 is subject to abuse, in 2005 Co... Read More »

What form should you use to convert Chapter 13 to Chapter 7 in California?

To transfer a Chapter 13 bankruptcy to a Chapter 7 bankruptcy, the form CSD1129--Notice of Conversion of Case Under Chapter 13 to a Case Under Chapter 7 by Debtor--should be filed along with the ap... Read More »