Chapter 7 Bankruptcy

An Essential Guide for Understanding Chapter 7 Bankruptcy and When and How to File for Personal Bankruptcy

De: Joshua Pilkens

Narrado por: Jim D. Johnston

Deciding whether or not to declare Chapter 7 bankruptcy can be a complicated decision, involving the careful balance of many factors. For example, even though a Chapter 7 claim can do serious damage to your credit rating and will remain on your credit report for up to 10 years, failing to file for Chapter 7 may result in an even more dire impact on your credit. Why? Because an accumulation of missed payments, penalties, assets forfeiture, and lawsuits can also damage one's credit history, and often, these things can't be as simply explained as bankruptcy. Despite the obvious setbacks, filing for Chapter 7 bankruptcy is sometimes the right move to make, as long as you're aware of the implications and fully understand the procedure involved.

In this book, I'm going to take you through the ins-and-outs of filing for Chapter 7 bankruptcy in an easy-to-understand way. I'm also going to help you to assess whether and when you should file for it, how to do it, and what to expect from the process.

©2018 Mia Fin LLC (P)2018 Mia Fin LLC

Did not answer my question.

I was hoping this book would answer my question about a timeshare creditor that was part of my Chapter 7 bankruptcy.
Can they come back after 10 years asking me to pay the debt that was listed on the Chapter 7 bankruptcy?
They are sending me a 1099 Misc for 2023 saying the timeshare property is still in my name and I owe $27,000.00.
I did find this book very informative. I was just hoping for some clarity on this matter.

informative

good information. it really helped us to make a decision on filing chaper 7 bankruptcy

The process of bankruptcy,

I wish we talked about how the loans look on a credit report and steps to clean them before this process or a outline of that