Indiana Sample Letter for Fee Structures for Bankruptcies

State:
Multi-State
Control #:
US-0726LTR
Format:
Word; 
Rich Text
Instant download

Description

This form is a sample letter in Word format covering the subject matter of the title of the form.

How to fill out Sample Letter For Fee Structures For Bankruptcies?

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FAQ

You have to pay a $338filing fee to file a Chapter 7 bankruptcy. When you file your petition, you can also apply to have the filing fee waived if you can't afford it. To qualify, your income must be less than 150% of Indiana's poverty guidelines (see the table for Indiana Fee Waiver Eligibility below).

The discharge releases the debtor from all debts provided for by the plan or disallowed (under section 502), with limited exceptions. Creditors provided for in full or in part under the chapter 13 plan may no longer initiate or continue any legal or other action against the debtor to collect the discharged obligations.

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.

Statement of Organization. (Form 410) Before money is raised or spent in connection with an election, committee treasurers should become familiar with the various campaign disclosure forms required for the type of campaign or committee involved.

§ 503(b)(9) (value of goods delivered during the 20 days prior to the commencement of the case) may file a proof of claim within the claims deadline established by the court. The amount of the claim entitled to priority, and the basis for the claimed priority, shall be stated on the proof of claim.

The answer to this questions in usually ?YES.? You can keep your house and cars when you file Chapter 7 bankruptcy usually in Central Indiana (Indianapolis District) because you are protected by INDIANA'S BANKRUPTCY EXEMPTIONS.

For example, typically under Federal exemptions, you can have approximately $20,000.00 cash on hand or in the bank on the day you file bankruptcy. The vast majority of my clients have considerable less than $20,000.00 in the bank the day I file their bankruptcy.

When filing for Chapter 7 bankruptcy, you can protect certain forms of property from the risk of liquidation. Indiana features a homestead exemption that allows you to protect up to $22,750 in your home's equity or in personal property that's considered your residence, such as a trailer or mobile home.

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Indiana Sample Letter for Fee Structures for Bankruptcies