Displaying posts tagged with

“debtor”

Advantages of Filing a Chapter 7 Bankruptcy in Illinois.

 No Housing Expense for 10 to 12 Months:  A Chapter 7 filed prior to, or closely after a foreclosure filing will result in the Debtor living in the property for cost of utilities only for 10 to 12 months, possibly more.  The foreclosure process itself takes 10 to 12 months to work its way through [...]

Is a Chapter 7 debtor's home mortgage limited to reaffirmation, redemption or surrender, after exempt?

I am waiting for my attorney to get back to me next week. In the meantime if anyone knows the answer to this, I would really appreciate it. I have already filed and had my court date for my Chapter 7 bankruptcy. My Chapter 7 bankruptcy will be finalized on January 30 2007, and I [...]

What do you need to know about Chapter 7 Bankruptcy in Arizona

The In’s and Out’s of Chapter 7 BankruptcyWhat Chapter 7 Bankruptcy Ways to You Chapter 7 of the federal bankruptcy code is designed for people who are struggle to repay the money they owe. these debts can sometimes include car and truck loans, cards, loans, and even mortgages. Types of explanations why people choose to [...]