San Jose Bankruptcy
Bankruptcy Insights
Welcome to Bankruptcy Insights and our special collection of articles and resources to help you
with your research. Come back often because we update this site daily.
 
Some basic questions about bankruptcy
By Tim S

This articles attempts to answer some common questions regarding individual bankruptcy. How does it get started?

Bankruptcy proceeding is usually started when a debtor or debtors file a petition at the bankruptcy court in the district they are domiciled. Filing the petition will put an 'automatic stay' on all other proceedings against the debtor by creditors.

Debtor must also submit lists of all the creditors, assets, and income, and in addition submit a plan of> repayment (in cases other than chapter 7), with or within a short time of, the petition.

Under what chapter should the debtor file for bankruptcy [http://www.bankruptcyhome.com] ?

This depends on what the deb...
[ Read Article ]
Copyright 2010
 

More Bankruptcy Resources
 
 
In the News
    Bankruptcy filings up 16 percent
    MILWAUKEE Bankruptcy filings are up 16 percent in Wisconsin during the first half of the year. U.S. Bankruptcy Court records show more than 16,000 petitions were filed through June. Eighty-two percent of the petitions are for Chapter 7 bankruptcy. Thats the type that lets consumers wipe out debt such as credit card balances and medical and utility bills. Bankruptcy attorneys tell the Journal ... Read More ...

    Bankruptcy filings in state up 16% at midyear
    Bankruptcy filings in Wisconsin rose 16% during the first half of this year, an increase lawyers say was driven largely by consumers and small-business operators who couldn't find enough work in the slow economy to keep up with their debts. Read More ...

    Bankruptcy in Connecticut Increases By 24%
    During the first half of 2010, bankruptcy filings for individuals in Connecticut jumped by 24 percent compared to a year ago. In fact, personal bankruptcies accounted for 89 percent of all bankruptcies tracked by the Warren Group, a real estate data firm in Boston, from January to June. Read More ...

 
 
 
 
 

Material Connection Disclosure:
If you purchase any items as a result of clicking any advertisements on this website,
please be aware that we receive material compensation.

Privacy Notice  |  Terms of Use  |  Contact Us
© Copyright 2010 Bankruptcy Insights
All Rights Reserved World Wide
Bankruptcy