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WALLSTREETESQ
WALLSTREETESQ, Attorney
Category: Bankruptcy Law
Satisfied Customers: 17080
Experience:  14 years exp., CH 7 AND 13 Bankruptcy cases, AFL-CIO UNION PLUS, UFT NYSID AND ALL MAJOR UNIONS
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PLEASE EXPLAIN THE PROCEDURE WHEN ONE FILES A CHAPTER 7 BA

Resolved Question:

PLEASE EXPLAIN THE PROCEDURE WHEN ONE FILES A CHAPTER 7 BANKRUPTCY.
Submitted: 5 years ago.
Category: Bankruptcy Law
Expert:  WALLSTREETESQ replied 5 years ago.

WALLSTREETESQ :

Hello I am a licensed attorney here to help you with your question, please review my response and do not hesitate to ask for clarificati on.

WALLSTREETESQ :

Filing a chapter 7 is not easy to do by yourself, however the following are the steps:

WALLSTREETESQ :

1. Obtain a pre filing certificate stating you are entitled to file a chapter 7.

WALLSTREETESQ :

2. Obtain the voluntary petition forms online or through the Federal Court House.

WALLSTREETESQ :

3. Order a credit report

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4. List all your income, property and creditors on the required means test.

WALLSTREETESQ :

5. Complete the means test and see if your income qualifies you to file a chapter 7.

WALLSTREETESQ :

6. File the entire petition at the Court house and pay the Court fees.

WALLSTREETESQ :

7. You will obtain a letter from the Court stating the 341 meeting, which is where you have to go for your hearing.

WALLSTREETESQ :

8. After the hearing you have to file a certificate of financial management with the Court, and then you are done.

WALLSTREETESQ :

9. You will receive a letter of discharge and that shows that all your debts have been discharged through the Court.

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