If you want to comprehensive, down load, or printing legitimate document templates, use US Legal Forms, the greatest collection of legitimate forms, that can be found online. Use the site`s easy and hassle-free look for to obtain the paperwork you need. Numerous templates for enterprise and personal reasons are sorted by categories and says, or search phrases. Use US Legal Forms to obtain the Alabama Sample Letter for Discharge of Debtor and Order Approving Trustee's Report of No Distribution and Closing Estate with a couple of clicks.
When you are currently a US Legal Forms buyer, log in for your accounts and click on the Download switch to find the Alabama Sample Letter for Discharge of Debtor and Order Approving Trustee's Report of No Distribution and Closing Estate. You can also access forms you previously downloaded in the My Forms tab of your respective accounts.
If you are using US Legal Forms initially, follow the instructions listed below:
Every legitimate document format you acquire is the one you have forever. You may have acces to every type you downloaded inside your acccount. Go through the My Forms section and pick a type to printing or down load once again.
Contend and down load, and printing the Alabama Sample Letter for Discharge of Debtor and Order Approving Trustee's Report of No Distribution and Closing Estate with US Legal Forms. There are thousands of skilled and status-certain forms you can use to your enterprise or personal needs.
What is a discharge in bankruptcy? A bankruptcy discharge releases the debtor from personal liability for certain specified types of debts. In other words, the debtor is no longer legally required to pay any debts that are discharged.
A discharge releases a debtor from personal liability of certain debts known as dischargeable debts, and prevents the creditors owed those debts from taking any action against the debtor or the debtor's property to collect the debts.
Closing a Chapter 7 Bankruptcy After Discharge A Chapter 7 case will remain open after the discharge if the Chapter 7 trustee appointed to the matter needs additional time to sell assets or if the case involves litigation.
This order means that no one may make any attempt to collect a discharged debt from the debtors personally. For example, creditors cannot sue, garnish wages, assert a deficiency, or otherwise try to collect from the debtors personally on discharged debts.
Debt discharge is the cancellation of a debt due to bankruptcy. When a debt is discharged, the debtor is no longer liable for the debt and the lender is no longer allowed to make attempts to collect the debt.
What happens when a creditor files an objection? A creditor's objection does not automatically prevent a discharge of debt. The debtor gets a chance to file an answer to the objection, and the court may hold a hearing to decide the issue. This is called an adversary proceeding, and it works much like any other lawsuit.
Summary. Your trustee may exercise their legal function to review your finances including your bank accounts. However, they are not permitted to touch any of your funds. Unless, of course, you have stipulated that in your repayment plan.
Can a Bankruptcy Trustee Take Your Tax Refund After a Discharge? There are two types of bankruptcy for individuals, Chapter 7 and Chapter 13. The bankruptcy trustee can keep your tax refund in both, though with Chapter 7 it will happen only once. With Chapter 13, it can happen every year of your repayment plan.
Whether the trustee can take money you receive after filing your case depends on whether you were entitled to the money at the time your case was filed and how it was listed on your forms, if at all.
The Trustee's Report of No Distribution, or NDR, lets the court and all interested parties know that no money will be paid to creditors. If a NDR is filed, the court will close the bankruptcy case shortly after the discharge has been entered. Unfortunately, you can only find the NDR by reviewing your case docket.