Uniquely packaged forms and information for Chapter 7 or 13 bankruptcies, including detailed instructions and other resources. Click and view the Free Preview for the latest revision dates and a complete overview of contents.
Uniquely packaged forms and information for Chapter 7 or 13 bankruptcies, including detailed instructions and other resources. Click and view the Free Preview for the latest revision dates and a complete overview of contents.
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Collect Your Illinois Bankruptcy Documents. Take Credit Counseling. Complete the Bankruptcy Forms. Get Your Filing Fee. Print Your Bankruptcy Forms. Go to Court to File Your Forms. Mail Documents to Your Trustee. Take Bankruptcy Course 2.
Identifying Information. The Voluntary Petition for Individuals Filing for Bankruptcy form acts as the cover sheet for your paperwork. Your Property. Your Exempt Property. Your Collateralized Debt. Your Other Debt. Your Contracts and Leases. Your Codebtors. Your Income.
Collect Your Illinois Bankruptcy Documents. Take Credit Counseling. Complete the Bankruptcy Forms. Get Your Filing Fee. Print Your Bankruptcy Forms. Go to Court to File Your Forms. Mail Documents to Your Trustee. Take Bankruptcy Course 2.
However, when you file for bankruptcy, you never really have to go to court. The only appearance you are required to make is attending the 341(a) Meeting of Creditors. The 341(a) Hearing is held around 30-35 days after your bankruptcy case is filed.
How much does it cost to file bankruptcy in Illinois depends on whether you file Chapter 7 bankruptcy or Chapter 13 bankruptcy, and also on how complicated your case is. There is a filing fee for a Chapter 7 of $306 and the filing fee for Chapter 13 is $281. The filing fee goes to the Clerk of the court.
If your total monthly income over the course of the next 60 months is less than $7,475 then you pass the means test and you may file a Chapter 7 bankruptcy. If it is over $12,475 then you fail the means test and don't have the option of filing Chapter 7.
In the Chicago area, bankruptcies are processed by the United States Bankruptcy Court for the Northern District of Illinois.Most parts of a bankruptcy file are considered public record, so the court makes them available for viewing and copying to the general public.
What Documents Do You Need to File for Bankruptcy? Tax Returns. Income Documentation. Vehicle Registration, Proof of Value & Insurance. Retirement And Bank Account Statements. Identification. What Information Do You Need to Complete the Bankruptcy Forms? Credit Counseling Requirement.
There is no minimum amount of debt you must have in order to file for bankruptcy relief. While the amount of your debt is an important factor to consider, there are other more important factors to take into account in determining if a bankruptcy filing is in your best interest.