Tag Archives: Chapter 7 Bankruptcy

How Much Money Do I Need to File Bankruptcy?

How much money do I need to file Chapter 7 bankruptcy? For a Chapter7 bankruptcy: you must pay all of your attorney fees and court costs prior to the Chapter 7 bankruptcy being filed. However, you may retain our firm for $200.00 and we will get started on your bankruptcy petition. Once all of the fees have been paid, we will file your case and the bankruptcy case will commence! How much money do I need to file a Chapter 13 bankruptcy? For a Chapter 13 bankruptcy: we will file your case for only $295.00 and the required bankruptcy court fees ($310 filing fee, $55.00 credit counseling fee, $49.00 Post Financial Management Course, $38.00 per person Credit Report Fee for a total of $452.00). The remaining fees are paid through the Chapter 13 Plan. For our firm to file your case for the $295.00 we require you to use a…
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Bankruptcy and Medical Bills

If you are overwhelmed with medical debt and considering Chapter 7 bankruptcy, you are not alone. A 2013 study determined that medical bills are the number one reason people file for bankruptcy. Coming in second and third are credit card debt and the inability to pay a mortgage. Even when it looks like the reason for bankruptcy is credit card debt, many people have maxed out their cards by using them to pay their medical bills. Due to the high interest charged by credit card companies, people get buried even deeper in debt. They look to the bankruptcy court for relief and the promised fresh start. Insured and Uninsured Both Experience Out-of-Control Medical Bills Some think that if you have health insurance, you should not incur medical bills leading to bankruptcy. In fact, it is not just the uninsured that have hospital and doctor bills so high they cannot pay…
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A New Hope for Discharging Debt?

Kansas City Bankruptcy Attorneys Analyze a Potential Solution It has been a few years since Occupy Wall Street reached its zenith, and one offshoot of the movement is still working to represent the needs of the 99 percent. Rolling Jubilee, a group formed by former Occupy activists, is paying large portions of students’ unforgiven debt. A recent NPR article describes how one student received a letter in the mail explaining that $790.05 of her debt had been covered by Rolling Jubilee. What Can I Do About my Student Loan Debt? So far, the group has covered $15 million worth of student loan debt across the nation. The group, which has Christian ties, says that the word “jubilee” refers to Biblical times: every 49 years, a “jubilee” occurred that erased everyone’s debt. Considering that Americans owe a total of $1.2 trillion in student loan debt, Rolling Jubilee members have their work…
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