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  2. Chapter 7, Title 11, United States Code - Wikipedia

    en.wikipedia.org/wiki/Chapter_7,_Title_11...

    Chapter 7 of Title 11 U.S. Code is the bankruptcy code that governs the process of liquidation under the bankruptcy laws of the U.S. In contrast to bankruptcy under Chapter 11 and Chapter 13, which govern the process of reorganization of a debtor, Chapter 7 bankruptcy is the most common form of bankruptcy in the U.S. [1]

  3. Bankruptcy costs of debt - Wikipedia

    en.wikipedia.org/wiki/Bankruptcy_costs_of_debt

    In the personal bankruptcy there is a cost associated with filling the paperwork. For Chapter 13 Bankruptcy there is a fee of $281 and for Chapter 7 Bankruptcy it is $306. [1] Additionally there can be other payments required, like Lawyer's fee, Conversion fee, Credit counselling and debtor education fee. [2] [3]

  4. How Does Bankruptcy Affect Your HELOC? - AOL

    www.aol.com/finance/does-bankruptcy-affect-heloc...

    The impact of bankruptcy on a HELOC depends on the type of bankruptcy filing (Chapter 7 vs. Chapter 13). In both types of bankruptcy, staying current on HELOC payments is necessary to keep your home.

  5. Bankruptcy Abuse Prevention and Consumer Protection Act

    en.wikipedia.org/wiki/Bankruptcy_Abuse...

    The new legislation also requires that all individual debtors in either chapter 7 or chapter 13 complete an "instructional course concerning personal financial management." If a chapter 7 debtor does not complete the course, it constitutes grounds for denial of discharge pursuant to new . The financial management program is experimental and the ...

  6. Getting a mortgage after bankruptcy: What you need to know - AOL

    www.aol.com/finance/getting-mortgage-bankruptcy...

    Depending on whether you filed Chapter 7 or Chapter 13, it'll take two or four years to qualify for a conventional mortgage, one or two years for FHA or VA loans, and one or three years for USDA loan.

  7. Late on Chapter 13 bankruptcy payment. What now? - AOL

    www.aol.com/finance/chapter-13-bankruptcy...

    The court may also choose to convert your Chapter 13 to a Chapter 7 bankruptcy. This is different than discharging your case altogether. When your case is converted to Chapter 7, the trustee can ...

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