The Main Schedules Required In A Bankruptcy Case

One of the reasons it is never a good idea to file bankruptcy through a do-it-yourself plan is due to the overwhelming amount of paperwork needed for a bankruptcy case. In a bankruptcy case, there are so many different documents you must complete, and you must complete each necessary one and fill each out accurately and thoroughly. Among the documents you will fill out, here are some of the main schedules a bankruptcy case requires.…

Can You Make Support Payments Part Of Your Bankruptcy?

When debts pile up, bankruptcy could be the answer. When it comes to domestic support issues like spousal support (or alimony) and child support, you might still be stuck with them no matter what. That does not mean, however, that bankruptcy won’t affect domestic support debts. Read on to find out more. Court Orders Supersede Bankruptcy Child support and alimony orders are not affected by your bankruptcy filing. If you owe a monthly obligation, you must continue to make those payments throughout the bankruptcy period and beyond.…

What The Automatic Stay In Chapter 7 Bankruptcy Involves

If you have met with a lawyer to discuss your debt situation and found out that you qualify for Chapter 7, one important thing you should understand about this is the automatic stay you will receive when you file. Knowing and understanding what this involves is important in your case, and here are a few things that you should know about the automatic stay. It is a court order An automatic stay is something that everyone receives when filing for Chapter 7 bankruptcy, and it is also something that people receive when using Chapter 13 bankruptcy.…