How to File for Chapter 7 Bankruptcy
Product Description
Find debt relief by filing bankruptcy with this all-in-one-book!
If you have more debt than you can possibly pay off, the bankruptcy system is there to help -- and with How to File for Chapter 7 Bankruptcy, you'll find the clear and user-friendly information, advice and forms you need to get through the entire process.
First, the book will help you determine whether you qualify for Chapter 7 --and whether it is the best way to deal with your debts. Then you'll find out how to:
The 15th edition is completely updated and revised to reflect the latest laws and legal forms, plus the line-by-line instructions you need to fill them out. Get new information on foreclosure and exemption requirements, and read the latest court decisions. And, easy-to-use charts make looking up your state's laws a snap.
Please note: This book does not cover business bankruptcies, farm reorganizations or individual repayment plans (Chapter 13). For Chapter 13 bankruptcy, see Nolo's Chapter 13 Bankruptcy: Repay Your Debts.
List of Forms
Form 1-Voluntary Petition
Exhibit C to Voluntary Petition
Schedule A-Real Property
Schedule B-Personal Property
Schedule C-Property Claimed as Exempt
Schedule D-Creditors Holding Secured Claims
Schedule E-Creditors Holding Unsecured Priority Claims
Schedule F-Creditors Holding Unsecured Nonpriority Claims
Schedule G-Executory Contracts and Unexpired Leases
Schedule H-Codebtors
Schedule I-Current Income of Individual Debtors(s)
Schedule J-Current Expenditures of Individual Debtor(s)
Declaration Concerning Debtor's Schedules
Summary of Schedules and Statistical Summary of Certain Liabilities
Form 3A-Application to Pay Filing Fee in Installments
Form 3B-Application for Waiver of the Chapter 7 Filing Fee
Form 7-Statement of Financial Affairs
Form 8-Chapter 7 Individual Debtor's Statement of Intention
Form 16A-Caption
Form B20A-Notice of Motion or Objection
Form B21-Statement of Social Security Number
Form B22A-Statement of Current Monthly Income and Means
Test Calculation
Form B23-Debtor's Certification of Completion of Instructional Course Concerning Personal Financial Management
Form B201-Notice to Individual Consumer Debtor Under ยง 342(b) of the Bankruptcy Code
Form B240-Reaffirmation Agreement
Mailing Matrix
Amendment Cover Sheet
Notice of Change of Address
Supplemental Schedule for Property Acquired After Bankruptcy Discharge
Proof of Service by Mail
Pleading Paper
Exhibit D to Voluntary Petition
Form 240B: Order on Reaffirmation Agreement Amazon.com Review
In these times of massive credit card debt and stagnating incomes, filing for bankruptcy has become the only relief for thousands of people. The information in How to File for Bankruptcy is so complete that a person can file virtually on his own, without needing to hire a lawyer. By no means does the book encourage filing for bankruptcy, but it will help anyone in serious financial trouble determine if bankruptcy might be a sensible course to take, and examines what kind is appropriate for different individuals. All of the necessary forms are included, complete with explicit directions. Like all Nolo Press titles, this is a straightforward, no-nonsense book of useful advice and specific guidance, written in clear, easy-to-understand language.
How to File for Chapter 7 Bankruptcy
August 19th, 2009
Another of the endless books on facing financial hardship. Whether or not it’s better than other books on the subject, I don’t know. But it’s helpful.
Rating: 3 / 5
August 19th, 2009
Excellent and complete resource – I would wholeheartedly recommend this book. – Kristy Welsh, author of “Good Credit is Sexy.”
Rating: 5 / 5
August 19th, 2009
- only 16 states allow residents to use Federal exemptions (including Michigan) so they only provide a few measly examples for state exemptions, so if you live in one of the 16 states that allow residents to use Federal exemptions don’t expect much from this book
- book repeats instructions already on forms over and over; could have eliminated 100 pages at least if they just said follow instructions on forms
- if you’ve read forms, read “Bankruptcy Basics” flyer at Federal website and gotten few few consultations you can skip this book
Rating: 3 / 5
August 19th, 2009
With today’s economy many people are probably wondering what options they have. If you are even thinking of filing for bankruptcy, you should educate yourself first and this is a great source to help you. You may find bankruptcy is not going to give you the relief you are seeking. For instance, you won’t be living in your home for free even if you do file.
While some may be able to use this book and file on their own, you should be able to at least save some time and money by taking on some of the tasks yourself. At a minimum you will understand what you will be getting into.
Although I never plan to take this route, this book is very informative and does bring the word budget to the forefront of my thoughts.
Rating: 4 / 5
August 19th, 2009
How to File for Chapter 7 Bankruptcy is not intended for lawyers who need a refresher on this topic, rather it is written for people who need a basic understanding of the bankruptcy process. Among the varied topics included are: Should you file for bankruptcy?, the automatic stay, what is included in the bankruptcy estate, secured debts, your case in courts, and the aftermath of bankruptcy. Required forms and documents are provided within the book. As a person who has no expertise in this area, it is an informative book for individuals who need a place to start. Personally, I don’t think any book replaces the need for a lawyer. Nevertheless this book educates a person as to the general bankruptcy issues and procedures, and should you need to consider bankruptcy may help you assess the performance of your bankruptcy lawyer.
Rating: 4 / 5