Monthly Archives: February 2011

What are the various filing fees for different chapters?

We get this question a lot in our law office where people ask for cost for filing bankruptcy. Here, are the various cost: – $299 for a Chapter 7 petition – $1039 for a Chapter 9 petition – $1039 for a Chapter 11 Petition – $39 for Chapter 12 petition – $274 for a Chapter [...]

When a Joint Petition is Required?

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Chapter 13 Plans is only for Individual Debtors With Regular Income

We had discussed chapter 13 before, but it is very important chapter, and we like to discuss it more in this post. Only individuals may file a chapter 13 plans. Partnership and corporations are ineligible for chapter 13 relief. It is available to any individual with regular income. Chapter 13 is limited to small debtors–people [...]

What is credit counseling and why it is required?

Under the 2005 amendments, an individual must receive a credit briefing before filing a bankruptcy petition under any chapter. In our law office, we provide special links for these classes on a nominal fee. New amendment under Section 109(h) provides that an individual may not be a debtor, unless he or she receives the briefing [...]

What is an adversary proceedings?

Bankruptcy can be very contested and when there is a contested matters, it gives rise to complaint which needs to be adjudicated by bankruptcy court. Contested matters, if they are smaller in nature, can be handled by motion. There is no fee required for motion and a quick hearing can be done by the bankruptcy [...]

Can You Pick and Chose Your Debts in Bankruptcy?

Our law office (www.fastbankruptcynevada.com) is ready by many people everyday most often their first question is if they can pick and choose their creditors and debts. In other words they like to have free hand in picking up and keeping their credits and debts. Of course they cannot have this free hand. Bankruptcy Code has [...]

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