This form is a disclosure of compensation of a bankruptcy petition preparer. The bankruptcy petition preparer declares that the information submitted is true and correct to the best of his/her knowledge.
Virgin Islands Disclosure of Compensation of Non-Attorney Bankruptcy Petition Preparer - For 2005 Act
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How to fill out Disclosure Of Compensation Of Non-Attorney Bankruptcy Petition Preparer - For 2005 Act?
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FAQ
If your case is dismissed, you are entitled to a refund of any money that is still in the trustee's possession. However, the trustee has to get approval from the court to send the money back to you, and they are allowed to take their administrative fees out of that money before refunding it.
A Chapter 13 bankruptcy trustee will usually not closely monitor a person's income during the bankruptcy process, but they have every right to request proof of your income and pay stubs. It's not their responsibility to scrutinize your finances for any wage increases, so you need to report changes in your income.
No, not indefinitely, but if they are pursuing assets, a Trustee can keep it open as long as necessary. And if the asset in question was not disclosed in the bankruptcy filing, there is no time limit in which the Trustee can seek to reopen the bankruptcy case to administer that asset.
Obtaining credit without permission of the Bankruptcy Judge or Chapter 13 Trustee can have serious consequences. Your case may be dismissed, and your ability to obtain future relief from your creditors may be severely limited.
Chapter 13 Bankruptcy is Bad For Your Finances Money you had paid in the payment plan suddenly is applied to interest on debts that had been held in abeyance, which means you will owe more than when you started.
The trustee will not monitor your credit report, though you should. That's a good rule whether you're in Chapter 13 bankruptcy or not.
Rebuilding credit during Chapter 13 bankruptcy is essential for your financial recovery and future creditworthiness. Chapter 13 bankruptcy can lower your credit score, but it helps you rebuild it. Repayment plan payments show credit management responsibility.
You can modify the terms of your repayment plan with a bankruptcy attorney to reduce the payment. To modify your repayment plan, you'll need to file a modification plan in court. Within that petition to modify, you'll need to state why you need to modify your plan as well as how you will do so.