Easily Replace Text Fields in the Bankruptcy Agreement

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How to Replace Text Fields in 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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Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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What is Section 362 of the Bankruptcy Code?

Section 362(g) places the burden of proof on the issue of the debtors equity in collateral on the party requesting relief from the automatic stay and the burden on other issues on the debtor.

What are two exceptions to automatic stay?

Domestic proceedings, such as dissolution of marriage, domestic violence, paternity actions and actions for domestic support or child custody or visitation actions. Withholding, suspension or restriction of a drivers license or recreational or occupational license for failure to pay support obligations.

What are the exceptions to Chapter 11 automatic stay?

The most commonly sought exceptions are actions by parties to securities contracts to close out open positions; eviction of a debtor by a landlord where the lease has been fully terminated prior to the bankruptcy filing; actions by taxing authorities to conduct tax audits, issue deficiency notices, demand tax returns

Can you waive the automatic stay?

Before bankruptcy, the debtor does not have the capacity or authority to waive fundamental rights conferred by the Bankruptcy Code, including the protection of the automatic stay. This is because the prepetition debtor and the postpetition debtor are separate and distinct entities, with different rights and duties.

What is the basis for relief from the automatic stay?

The most common reason for a creditor to make a motion for relief from the automatic stay is that the debtor has filed Chapter 7 Bankruptcy or Chapter 13 Bankruptcy and does not want to use the bankruptcy to keep their house or car.

Which of the following is an exception to an automatic stay?

Civil cases involving family or domestic issues - Most family court proceedings cannot be halted by the automatic stay, including child custody and paternity cases, as well as divorce cases addressing issues other than the division of marital property.

Can you file Chapter 13 and then change to Chapter 7?

Unless you have already received a Chapter 7 bankruptcy discharge within the last eight years, you can convert your Chapter 13 case to Chapter 7 at any time. To convert your Chapter 13 to a Chapter 7, you simply file a Notice of Conversion with the court and pay a conversion fee.

What are grounds for objecting to bankruptcy discharge?

The court may deny a chapter 7 discharge for any of the reasons described in section 727(a) of the Bankruptcy Code, including failure to provide requested tax documents; failure to complete a course on personal financial management; transfer or concealment of property with intent to hinder, delay, or defraud creditors;

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Replace Text Fields in the Bankruptcy Agreement