Easily Replace Last Name Field from the Bankruptcy Agreement

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How to Replace Last Name Field from the Bankruptcy Agreement

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[Music] hello again everyone Im attorney Robert fleisss thanks for watching this video in this video Im going to show you one of the forms that are required in order to file a chapter 7 bankruptcy case and how to generally complete this form there are approximately 18 forms that must be accurately completed before you file your case with a bankruptcy court the form Im gonna discuss today is the first one form 101 this is the form where you insert information about yourself its pretty simple the other forms start getting a little bit more complicated lets take a look at the form this is the first form of a bankruptcy petition its called formed 101 theyre taking basic information from you thats gonna identify certain things now this is a fillable form and you can download it online at the united states bankruptcy website theyre all in PDF format this particular form is seven parts on eight pages and its not that hard to complete this is set up for either filing as a individual

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What are options from filing for bankruptcies?

If you file for personal bankruptcy, you generally have two options: Chapter 7 or Chapter 13. A Chapter 7 bankruptcy will sell off many of your assets to pay your creditors. In a Chapter 13 bankruptcy, you keep the assets but must repay your debts over a specified period.

Does changing your name reset your credit history?

Will changing my name affect my credit rating? No not if you tell all record holders about your new name. When someone needs to run a credit check against you, they should ask you for any previous names that youve been known by in the past 6 years.

Will changing my name give me a new credit file?

Unfortunately for anyone whos hoping for a do-over, changing your name doesnt reset a poor credit score or wipe out your existing credit report to let you start anew. Your new name simply gets added to your existing credit report.

Who gets paid first in Chapter 11?

Secured creditors like banks are going to get paid first. This is because their credit is secured by assetstypically ones that your business controls. Your plan and the courts may consider how integral the assets are that secure your loans to determine which secured creditors get paid first though.

Can you change name after bankruptcy?

You absolutely can change your name before, during, and after a bankruptcy. In fact, it really shouldnt make a difference at all, at any point in the process. Names can easily change, and when they do, your attorney will just note this on your bankruptcy petition.

Which of the following debts is non dischargeable in bankruptcy?

Nondischargeable debt is a type of debt that cannot be eliminated through a bankruptcy proceeding. Such debts include, but are not limited to, student loans; most federal, state, and local taxes; money borrowed on a credit card to pay those taxes; and child support and alimony.

Can you start over after bankruptcies?

Depending on whether they file for Chapter 7 or Chapter 13, bankruptcy has the potential to let people start over with a clean slate or restructure their debt to manageable payments.

Does changing your name get rid of debt?

Does changing your name reset your credit history and debts? There are many valid and legal reasons that someone might want to change their name, but doing so in order to try and evade existing debts or reset a history of adverse credit isnt one of them.

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Replace Last Name Field from the Bankruptcy Agreement