Wisconsin Certificate of Non-Attorney Bankruptcy Petition Preparer - Form 19 - Post 2005 Act

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US-BKR-F19
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Description

This form is a certification and signature of a non-attorney bankruptcy petition preparer. The individual verifies that he/she prepared the bankruptcy petition for compensation. The form also includes the preparer's social security number and address.

How to fill out Certificate Of Non-Attorney Bankruptcy Petition Preparer - Form 19 - Post 2005 Act?

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FAQ

Chapter 7 bankruptcy is generally the cheapest type of bankruptcy to file. Attorney fees for this type of bankruptcy are usually far lower than those for a Chapter 13 bankruptcy.

If you still have a solid job or way to make money, but simply can't afford to fully pay what you owe, Chapter 13 is a good option to take. It lets you maintain more control over your finances and assets than you would with a Chapter 7 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.

The average bankruptcy packet ranges from 40 to 50 pages in length.

If you file Chapter 7 bankruptcy, you will have to pay a: Filing fee of $335.

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.

Not All Debts Are Discharged Certain debts will remain on your account when you file for Chapter 7 bankruptcy. You will still be responsible for alimony and child support. Tax liens, student loans, and personal injury debts caused by intoxicated drivers are still on the docket, as well.

Of the two options, Chapter 7 is more popular because filers don't have to pay back part of their debts. Chapter 13 may be a better solution if you're in arrears on your mortgage because you can keep your house in Chapter 13 and have time to get caught up on payments.

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Wisconsin Certificate of Non-Attorney Bankruptcy Petition Preparer - Form 19 - Post 2005 Act