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UNITED STATES BANKRUPTCY COURT Central District of California CHAPTER 7 PETITION FORMS April 2013 Chapter 7 Petition Package Index Chapter 7 Petition Filing Information ! Abbreviated Fee Schedule.

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Assuming that everything goes according to schedule, you can expect to receive your bankruptcy discharge (the court order that wipes out your debts) about 60 days after your 341 meeting of creditors hearing, plus a few days for mailing.

For Chapter 7 bankruptcy filings, you must wait eight years from the filing date of your previous petition. Filing prematurely before those eight years have expired, you will not be granted a discharge. The eight years start counting from the date the prior Chapter 7 bankruptcy was filed.

You'll file the bankruptcy petition. ... The automatic stay will stop creditors. ... You'll turn over supporting paperwork. ... You'll attend the meeting of creditors. ... You'll complete a financial management course. ... The court will issue the bankruptcy discharge. ... The court will close the case.

After filing for Chapter 7 bankruptcy, all of your property will go into what is known as a bankruptcy estate. You don't lose everything, however. ... The Chapter 7 bankruptcy trustee will sell the remaining assets and distribute the sales proceeds to your creditors.

If you've used Chapter 7 bankruptcy specifically to discharge debts in the past, you must wait eight years before filing another Chapter 7 case.

Documents You'll Need to Complete Chapter 7 Forms six months of paycheck stubs. six months of bank statements. tax returns (the last two years) current investment and retirement statements.

Filing a petition under chapter 7 "automatically stays" (stops) most collection actions against the debtor or the debtor's property. ... The bankruptcy clerk gives notice of the bankruptcy case to all creditors whose names and addresses are provided by the debtor.

A discharge in a chapter 7 case is a Court order that releases a debtor from all of his or her dischargeable debts. ... Once a discharged is ordered by the court the debtor is released from that debt and does not have to pay it.

How soon can you file Chapter 13 after Chapter 7? You can file a Chapter 13 bankruptcy four years after a Chapter 7 case. The filing date of your previous Chapter 7 bankruptcy must be at least four years prior to the filing date of your new Chapter 13 bankruptcy case.

No property is liquidated, and it allows debtors to start payment plans to repay their creditors. ... In Chapter 7, where non-exempt property is sold, the creditors are paid from the profits by priority. In Chapter 11 or 13, the creditors are repaid according to the repayment plan, which must conform to the priority rules.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232