Watch free web videos on about filing for bankruptcy:
- Bankruptcy is a legal process that provides relief to many individuals who can no longer pay all of their debts. Bankruptcy Basics
- There are three main types of bankruptcy cases for individuals, the most common of which are chapter 7 and chapter 13. Types of Bankruptcy
- Some debts cannot be discharged in a bankruptcy. Bankruptcy Won’t Help With These Debts
- Filing for Bankruptcy In order to file for bankruptcy, an individual must take a credit counseling course and accurately complete and file a number of documents. How Do I File a Bankruptcy Case?
- Every debtor is required to appear at a creditors’ meeting conducted by a trustee who asks the debtor questions about the debtor’s financial condition and gives creditors the opportunity to do the same.What Happens at My Bankruptcy Hearing?
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In some cases, a debtor may be required to appear at hearings before a bankruptcy judge.Bankruptcy court hearings.
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A debtor must be honest and accurate in dealing with the court or face serious consequences, including being charged with a bankruptcy crime. What Is a Bankruptcy Crime?
- The Discharge Debtors are usually able to discharge most or all of their debts. Once a debt is discharged, a creditor may not attempt to collect it from the debtor.
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Debtors are strongly encouraged to find competent legal counsel. You need a bankruptcy lawyer to determine whether to file bankruptcy, which chapter to file and what exemptions to claim as well as a host of other considerations.
