Filing Chapter 7 Bankruptcy Online
Filing Chapter 7 bankruptcy online eliminates the need to make countless visits to your bankruptcy lawyers’ office and shuttling heaps of paperwork back and forth – it can be done all from the comfort of your home!
What is a Chapter 7 Bankruptcy?
A Chapter 7 bankruptcy is designed specifically for lower income earners with large amounts of unsecured debt. When you file a Chapter 7, you are requesting that the court completely discharge your debt- this means that you are no longer legally obligated to pay back the debt. Another attractive feature of filing a Chapter 7 is that creditors are not permitted to contact you about those debts as well as report them as late to any credit bureaus.
Filing Chapter 7 bankruptcy online can eliminate most unsecured debt such as:
- Medical bills
- Credit Card Debt
- Some tax debt
- Past due utilities and rent
- Payday loans
Filing Chapter 7 Bankruptcy Online – Your consultation
Attorneys who offer online bankruptcy filing services usually conduct initial consultations telephonically. During your consultation, your attorney will advise you on whether you should file a Chapter 7 or a Chapter 13 as well as the fees associated with each. Thereafter, you will receive a retainer agreement that will officially appoint your attorney as your legal counsel.
Filing Chapter 7 Bankruptcy Online – Submitting Your Paperwork
Your attorney will begin creating your petition that will contain information about your current financial situation as well as standard bankruptcy forms. Most attorneys have an online system through which you may submit your documents, communicate with your attorney, as well as make payments.
Filing Chapter 7 bankruptcy Online – Credit Counseling
It is mandatory for you to attend two credit counseling classes, one before filing and one after filing. These can be done telephonically, online or in person.
Filing Chapter 7 bankruptcy Online – 341 Meeting
When you file a Chapter 7 bankruptcy, both you and your attorney will be required to attend a 341 meeting. During this meeting, your trustee will ask you questions about your finances. Your creditors may also attend this meeting and raise any objections.
Filing Chapter 7 bankruptcy Online – Receiving Your Discharge
About four months after your 341 meeting, you will receive your bankruptcy discharge eliminating your responsibility to pay back debt that was listed on your bankruptcy petition.