The Personal Bankruptcy Toolkit
Posted by adminFeb 10
- ISBN13: 9781892949424
- Condition: NEW
- Notes: Brand New from Publisher. No Remainder Mark.
Product Description
A complete guide to filing for Chapter 7 personal bankrupcty, this book contains everything necessary, including clear and understandable instructions, worksheets, and official federal bankruptcy forms that are provided as computer-fillable PDF forms that perform the complex mathematical calculations for the user. The appendix provides details of the bankruptcy exemptions available in all 50 states and Washington D.C. The enclosed CD also contains Adobe Acrobat Read… More >>
The Personal Bankruptcy Toolkit
The Personal Bankruptcy Toolkit is a straightforward, easy-to-use guide to filing for Chapter 7 bankruptcy, which enables a person cancel debts and keep a significant portion of their property, without retaining an expensive lawyer. Chapter 7 is also known as “liquidation bankruptcy”; it involves declaring all of one’s assets to the court and allowing a bankruptcy trustee to take possession of one’s non-exempt property and use it to pay off one’s creditors as much as possible. (Chapter 13 Bankruptcy, which allows people with regular income to pay off their secured debts over a timeframe, is an option for those with a steady income who want to be sure of keeping their house or other property tied to a secured debt). The Personal Bankruptcy Toolkit notes that if Bankruptcy Court determines that a debtor’s income level is sufficient to pay off their debts, then the debtor may be involuntarily forced to file for Chapter 13 instead of Chapter 7 bankruptcy. The Personal Bankruptcy Toolkit is specifically geared to Chapter 7, and is packed cover to cover with official federal bankruptcy forms, approved credit counseling agencies (beware common scams!), approved debtor education agencies, warnings of common pitfalls, definitions of important terms, and much more. An accompanying Windows and Mac compatible CD-ROM with PDF files of the forms rounds out this user-friendly, easy-to-follow guide. An absolute “must-have” for anyone considering or filing for Chapter 7 protection.
Rating: 5 / 5