Best way file bankruptcy online

If your application is denied, the court will typically order you to pay the fee in installments. Once you have prepared your bankruptcy forms, you will need to print them out for the court. You must print them single-sided. You will also need to sign the forms once they are printed. Most bankruptcy courts require just one signed original of the petition , but some courts require additional copies.

So, before you head out to submit your forms, call your local bankruptcy court to find out how many copies you will need to bring and confirm you have all the required local forms. Once you enter the doors of your local courthouse , you will be greeted by security guards, who will ask you to pass through a metal detector.

They will take your bankruptcy forms and your filing fee or application for a waiver or to pay the fee in installments. Do not submit your bank statements or tax returns to the court. These documents go to the trustee after the case is filed. Check out Step 7 below for more info on that. This usually takes no more than 15 minutes. The name of your bankruptcy trustee.

At this point, your case has been filed! The automatic stay now protects you from all debt collectors. The Chapter 7 trustee is an official appointed by the court to oversee your case and liquidate, or sell, nonexempt property for the benefit of your creditors.

Not all types of bankruptcy require the involvement of a bankruptcy trustee, but both Chapter 7 and Chapter 13 cases have one. Pay attention to mail you receive from the trustee after filing your case. The trustee will send you a letter asking you to mail them certain financial documents, like tax returns, pay stubs, and bank statements.

After filing your bankruptcy forms, you will need to complete a Debtor Education Course from an approved credit counseling agency. The purpose of the course is to educate you on making smart financial decisions going forward but does not provide legal advice about the bankruptcy process.

Your meeting, or meeting of creditors , will take place about a month after your bankruptcy case is filed. Due to the COVID pandemic, all meetings are held either by video conference or via telephone until at least October. The main purpose of the meeting is for the case trustee to verify your identity and ask you certain standard questions and most last only about 5 minutes. Your creditors are allowed to attend and ask you questions about your financial situation, but they almost never do.

You should also bring a copy of your bankruptcy forms to the meeting, along with your last 60 days of pay stubs, your recent bank statements, and any other documents that your trustee has asked for.

The bank will either file request with the bankruptcy court to ask permission to retake the car, or wait until your discharge is granted before picking it up.

If you want to keep the car, you can either reaffirm the loan or redeem the car. You have to complete and sign the agreement and return it to the bank within 45 days from your meeting. The bank files the signed agreement with the court for approval. To redeem the vehicle you have to file a motion with the court and, once granted, buy the car from the bank for its current value. This gets you out of having to pay the amount left on the loan, but payment has to be made in one lump sum.

Upsolve Community Member How difficult is it to do my own chapter 7? Chapter 13 bankruptcy is another type of bankruptcy available to consumers. The main difference to Chapter 7 is that you pay back some of your debts through the Chapter 13 trustee. This is determined by the means test analysis, your actual income and expenses and the terms of your repayment plan.

Since Chapter 13 payment plans can be pretty complicated, anyone considering a Chapter 13 filing should talk to a bankruptcy attorney first. Most American consumers get their fresh start by filing Chapter 7 and eliminating credit card debt, medical debts, and most other unsecured debt. Filing for bankruptcy takes some preparation.

With Best Way Bankruptcy it is all about quality and quality comes from meticulous attention to details. Because of our decades of experience, we are absolutely sure your bankruptcy document will meet or exceed the requirements and we back this with a full money-back guarantee.

Your privacy is important to Best Way Bankruptcy and this is why Best Way Bankruptcy never shares your information with anyone. Best Way Bankruptcy uses the information you give strictly for preparing your documents as described in our privacy policy.

There are some other key steps you have to take before your debts are gone. A bankruptcy trustee is someone appointed by the court to handle your case. Your trustee will ask you to send them certain documents, like tax returns, pay stubs and bank statements. So, pay close attention to your mail and make sure you do everything the trustee tells you if you want your debts erased. So be honest and let the trustee know if there are any changes you need to make to your bankruptcy file.

The good news is, this meeting can be pretty short and simple. Since you have to sell most of your stuff to get your debts erased in a Chapter 7, your creditors are more likely to show up to make sure they get their piece of the pie. Credit card companies may also join the party to ask about your recent purchases. Because most unsecured debt is erased in a Chapter 7, they want to know if you ran up a bill on purpose—just to get it cleared by filing for bankruptcy.

In a Chapter 13 bankruptcy, the meeting is when your trustee ranks your debts to decide which creditor should get paid first. Your role in the meeting may be small, but this is the time for you to ask any questions you have about your case. The goal of the debtor education course is to teach you how to make smarter money choices moving forward. The same fees for the credit counseling course apply, but the debtor education course usually takes at least two hours.

Remember, you have to complete this course if you want your debts cleared. But there are still a couple of things that need to happen before your bankruptcy case comes to a close, and they depend on which type of bankruptcy you filed. If you filed Chapter 7, your debts will be cleared as soon as your trustee sells your nonexempt assets those are the ones that were approved to sell when you filed and pays off your creditors.

But remember, even after your debts are cleared, a bankruptcy stays on your record for up to 10 years. And you may even go through the whole filing process and not even qualify for bankruptcy.

But there are ways to get debt off your back without filing for bankruptcy. The first and most important thing you should do is take care of your Four Walls and in this order : food, utilities, shelter and transportation. Then you want to get intense about upping your income with extra hours or side jobs. And never underestimate the power of a budget. Taking the time to make a plan for your money can save you some serious cash and help you throw more money at your debt. You'll learn how to take control of your money once and for all.