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Chapter 7 Questions & Advice

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Do I need to close my bank accounts if I file for Chapter 7 bankruptcy?

Do I need to close my bank accounts if I file for Chapter 7 bankruptcy? What do I do about regular necessary purchases during a pending bankruptcy...

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Can I leave one creditor out of a chapter 7 bankruptcy petition?

Can I leave one creditor out of a chapter 7 bankruptcy petition?

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After the 341 meeting is a chapter 7 case done?

After the 341 meeting is a chapter 7 case done?

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What happens after the meeting of creditors in a chapter 7 bankruptcy case?

I have filed Chapter 7 bankruptcy, and I’ve been told that I need to go to something called a “creditors meeting” at which all the different p...

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Can I keep my car in a Chapter 7 bankruptcy?

I am thinking about filing for chapter 7, but I have to be able to keep my car to get to and from work. Will I be able to keep my car if I file?

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How do I value personal property on schedule B if I'm filing for chapter 7?

I have a question about how to fill out Schedule B in a Chapter 7 filing. How do you value your personal property?

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Am I required to liquidate my assets in a Chapter 7 bankruptcy?

What is going to happen to me and my assets if I file a Chapter 7 bankruptcy?

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What happens to my retirement accounts if I file for chapter 7?

If I file for chapter 7, will my retirement accounts be at risk of being liquidated? I have an IRA with $12,000 and a 401k with over $20,000. I am f...

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What happens to credit card debt in a Chapter 7 bankruptcy?

I have been trying to figure out how to get on top of my credit card bills, but there is just no way. They keep raising the interest rates on me, an...

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Can my home be saved if I file for chapter 7 bankruptcy?

We have fallen a bit behind on our mortgage payments, mostly because we've been struggling with credit card and other bills. If we file for chapter ...

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What personal property do I need to include on my chapter 7 bankruptcy petition?

I am filing for chapter 7 bankruptcy, and just started working on the bankruptcy petition. On schedule b of the petition, what personal property do ...

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Can old IRS tax debts be discharged through filing a Chapter 7 Bankruptcy?

Question: My spouse and I owe the IRS quite a bit of money in unpaid federal income taxes. We have tried to pay this down, but some of it is quit...

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If I have a lot of paid off assets, cars, etc., am I not eligible to file a Chapter 7 Bankruptcy?

Question: I was told because I own a couple of paid off vehicles and jet skis, that I cannot file a Chapter 7 bankruptcy. Is...

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Will I lose my home in Chapter 7 bankruptcy if I have equity in my house?

I have some equity in my house. I've heard that if I file for Chapter 7 bankruptcy, I'll lose my home because of the equity. Is this true?  

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What is the debt to income ratio guidelines for filing a Chapter 7 bankruptcy in California?

Question:  What is the debt to income ratio guidelines for filing a Chapter 7 bankruptcy..

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Do I have liability from a joint credit card going into a Chapter 7 Bankruptcy from my ex-husband?

Question:  I just found out that my ex-husband has filed for Chapter 7 bankruptcy. Since my name is still on one of his credit cards that has a lar...

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