Sample chapter 13 petition
The expenses listed on Schedule J are subtracted from your average income on Schedule I to give the court an idea of your monthly net income. Sales Sales Affiliates Library Trade. If a joint petition is filed, only one filing fee and one administrative fee are charged. Summons to Debtor in Involuntary Case. How It Works Briefly tell us about your case Provide your contact information Choose attorneys to contact you. Executory contracts and unexpired leases are contracts under which each party still has obligations to perform. The individual may then bring the past-due payments current over a reasonable period of time. The meeting of creditors is a mandatory hearing where the trustee and your creditors can ask you questions under oath about your financial affairs and the information disclosed in your bankruptcy petition. How it Works Briefly tell us about your case Provide your contact information Choose attorneys to contact you.
Page Chapter 13 Petition Package. Example of Format for Master Mailing List of Creditors.
Acme Auto Repair. S Street. Los Angeles, CA BVoluntary Petition for Individuals Filing for Bankruptcy, Individual B C-2, Chapter 13 Calculation of Your Disposable Income, Means Test Forms. A chapter 13 case begins by filing a petition with the bankruptcy court serving.
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For example, a creditor may object or threaten to object to a plan, or the debtor.
Each bankruptcy jurisdiction has a unique Chapter 13 plan form. Chapter 13 Calculation of Your Disposable Income. Generally, the creditor on a post-petition debt cannot collect the debt until either the automatic stay is terminated or the creditor receives permission to collect from the bankruptcy court. For example, you may not be able to get prior approval for unexpected tax bills or medical expenses.
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On the statement of financial affairs, you must disclose information such your gross income from all sources for the last two years, recent payments to creditors, lawsuits you are involved in, prior foreclosures and repossessions, transfers of property, closed bank accounts, and details about your business. By signing this form, you declare that your bankruptcy schedules are true and correct to the best of your knowledge.
Video: Sample chapter 13 petition #10 of 10, Sample Petitions For Missouri Chapter 7 or 13 Bankruptcy Filing
If the court declines to confirm the plan or the modified plan and instead dismisses the case, the court may authorize the trustee to keep some funds for costs, but the trustee must return all remaining funds to the debtor other than funds already disbursed or due to creditors.
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|A governmental unit, however, has days from the date the case is filed file a proof of claim. The purpose of this article is to provide basic information about the common forms and procedures involved in filing for Chapter 13 bankruptcy.
The amended plan states whether the new debt will receive payment, and modifies how your monthly payments are distributed. This must be done by the creditor; you cannot file the proof of claim for the creditor.
For more information on bankruptcy forms and filing requirements, see our topic area on Filing for Bankruptcy. Finally, chapter 13 acts like a consolidation loan under which the individual makes the plan payments to a chapter 13 trustee who then distributes payments to creditors.
Chapter 9 **ALL NAMES & ADDRESSES IN THIS SAMPLE PETITION ARE FICTICIOUS**. Chapter 13 Bankruptcy is also known as a filed a petition for relief under Chapter 7 of the Bankruptcy Code and is entitled to the protection of.
and filing your chapter 13 bankruptcy petition and repayment plan. For example, it provides the court with a summary of the types of debt.
An unsecured creditor may decide that it would like to get paid sooner. No later than 45 days after the meeting of creditors, the bankruptcy judge must hold a confirmation hearing and decide whether the plan is feasible and meets the standards for confirmation set forth in the Bankruptcy Code.
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By filing under this chapter, individuals can stop foreclosure proceedings and may cure delinquent mortgage payments over time. How to File for Chapter 13 Bankruptcy. An example of this is a car loan for a vehicle so you can get to work.