Bankruptcy Help Archives – Credit-Yogi.com
Download your Chapter 11 Timeline – Subchapter V Case Example A printable timeline is a great way to visualize the steps involved in a chapter 11 sub chapter V business bankruptcy case. This is especially helpful for individuals who are entering into the chapter 11 process for the first time. By using a printable chapter … Read more
View or Download a Printable Chapter 11 Small Business Case TimeLine This printable Chapter 11 timeline for small businesses is designed to help you visualize the entire process. It will give you a better idea of how long it takes and the costs from your initial bankruptcy filing to closing on your Chapter 11 Timeline … Read more
What is the automatic stay? The automatic stay protects a debtor who files for bankruptcy from further collections efforts by creditors. Once the creditor has received notification the debtor has filed bankruptcy, all collection activity must cease including pending foreclosure, repossession, or wage garnishment. When does an automatic stay take effect? The automatic stay takes … Read more
Making the decision to file bankruptcy should not be taken lightly. While it may seem like the perfect solution for wiping out your debt, you will face consequences. Your credit score will decrease and your bankruptcy will remain on your credit report for ten years when you file Chapter 7, and seven years when you … Read more
