If you're feeling overwhelmed by your bank balance, Chapter 7 Bankruptcy can offer welcome relief. It allows you to get rid of most of your debts, and it forces creditors and collection agencies to stop their collection efforts.
For nearly a decade, this friendly, comprehensive guide has helped more than 200,000 people cope with their debts. How to File for Chapter 7 Bankruptcy takes you through the filing process, gives you real-world, practical advice and all the official bankruptcy forms you'll need.
Use How to File for Chapter 7 Bankruptcy to:
*decide if bankruptcy is the right step to take
*determine if you qualify for Chapter 7 bankruptcy
*fill out and file all forms
*cancel the largest amount of debt possible
*identify which debts will survive bankruptcy
*keep the maximum amount of property
*deal with secured debts
*represent yourself in routine bankruptcy hearings
*dismiss your case if you change your mind about filing
*rebuild your credit after bankruptcy
Easy-to-use worksheets and charts help you calculate what you own, how much you'll be able to keep, and figure out if you can retain your home. The book also contains exemptions for every state to ensure that you keep as much property as you can.
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.
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Stephen R. Elias is an attorney and associate publisher at Nolo.com. He is the author of many Nolo titles, including: How to File for Chapter 7 Bankruptcy, Trademark: Legal Care For Your Business and Product Name, Legal Research: How to Find and Understand the Law, and Nolo's Pocket Guide to Family Law. Steve has been interviewed by most major media including The New York Times, The Wall Street Journal, Newsweek, Good Morning America, 20/20,Money Magazine and more. He received his law degree from Hastings College of Law and practiced law in California, New York and Vermont before joining Nolo in 1980. In recent years much of Steve's time at Nolo has been devoted to the fields of self-help legal software and online legal information. He is one of the original authors/designers of Nolo's bestselling WillMaker program, as well as the software version of Nolo's Patent It Yourself.
Attorney Robin Leonard has been featured as a money and credit advisor on Good Morning America and CNN, and in publications across the country, including Kiplinger's Personal Finance Magazine, U.S. News & World Report, Money, Forbes and the Los Angeles Times. She is the author of many Nolo books including Money Troubles: Legal Strategies to Cope with Your Debts, Credit Repair, Take Control of Your Student Loan Debt, and Bankruptcy: Is It the Right Solution to Your Debt Problems? and co-author of How to File for Chapter 7 Bankruptcy and A Legal Guide for Lesbian and Gay Couples.
Kathleen Michon graduate Cum Laude from Northwestern University School of Law in 1993. Prior to joining Nolo's editorial staff, she was the Directing Attorney of Public Counsel's Consumer Rights Project. She is the editor of Nolo's debt and credit books, including Credit Repair and Money Troubles, and is co-author of How to File for Chapter 7 Bankruptcy.
Albin Renauer received his J.D. in 1985 from the University of Michigan Law School and served on the Michigan Law Review. He worked for various public-interest law firms and for the California Supreme Court before coming to Nolo, where he has edited several books and software packages. After being immersed in creating self-help legal software programs to make tedious legal tasks as easy and non-intimidating as possible, Albin became the architect of Nolo's web site.
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