Non Probate Estate With Estate Tax
Description
How to fill out Petition For Representation Of A Probate Estate's Insolvency And Request?
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FAQ
Official Form 309C (For Corporations or Partnerships) Notice of Chapter 7 Bankruptcy Case - No Proof of Claim Deadline.
The fee for filing a Chapter 7 bankruptcy in Montana is $338. If your income is below 150% of the federal poverty guidelines, you're eligible to have your court filing fee waived. If you make more than that and don't have the money to file, start saving a portion every pay period until you have the full amount.
Creditors will receive notice of a Chapter 7 bankruptcy through Form 309A or Form 309B for individuals (Form 309C or Form 309D for corporations or partnerships), depending on whether a proof of claim deadline has been set in the case. Form 309I is used to notify creditors of a Chapter 13 bankruptcy.
This chapter of the Bankruptcy Code generally provides for reorganization, usually involving a corporation or partnership. A chapter 11 debtor usually proposes a plan of reorganization to keep its business alive and pay creditors over time. People in business or individuals can also seek relief in chapter 11.
If you receive this notice, it means one of three things: The address you provided for the creditor in your bankruptcy paperwork was incorrect, The court sent you notice of your own bankruptcy via this form, or. Someone who owes you money filed bankruptcy.
The biggest difference between Chapter 7 and Chapter 13 is that Chapter 7 focuses on discharging (getting rid of) unsecured debt such as credit cards, personal loans and medical bills while Chapter 13 allows you to catch up on secured debts like your home or your car while also discharging unsecured debt.