Go To Court To File Your Forms
Itâs now time to bring the bankruptcy forms and your Course 1 certificate to the court to file them.
The court is open from Monday through Friday excluding federal holidays during normal business hours. Call ahead of time if you want to know when it is open. If you have questions about how to get to the court, you can call the court staff.
423-752-516331 East 11th Street Chattanooga, TN 37402
Once you enter the doors of the court house, you will be greeted by security guards, who will ask you to pass through a metal detector. Once you pass security, you will go to the clerkâs office. And you will tell the clerk, âIâd like to file for bankruptcy.â Youâll hand the Clerk your bankruptcy forms, along with your filing fee of $338 in exact change. Or if you are filing a fee waiver or installment plan, you hand the clerk the fee waiver form or fee installment form instead of the cash.
The clerk will take your bankruptcy forms and ask you to take a seat in their waiting room. It shouldnât take long for the clerk long to process your case – about 15 minutes. During this time, they will scan your forms and upload them to the courtâs online filing system.
As soon as they are done processing your forms, the clerk will call you back to the front desk. The clerk will give you:
- The name of your bankruptcy trustee
- The date, time, and location of your meeting with your trustee
But youâre not home yet – there are other steps you need to complete to get a fresh start!
Which One Should I Choose
Chapter 7 is, by far, the more popular form because its cheaper, quicker and effective at relieving responsibility for debt if you qualify! And thats a big if. You must pass a means test, meaning your disposable income is under the median income in your state. If you dont qualify for Chapter 7, you can always fall back on Chapter 13.
What Not To Do Before Filing Bankruptcy
If you have made the decision to file Florida bankruptcy, it is a sure bet your decision was not an easy one. Having made this difficult decision, it is crucial you avoid specific mistakes and actions both prior to filing bankruptcy as well as during and after the bankruptcy filing. A considerable amount of preparation is required for your Florida bankruptcy, not including the level of paperwork necessary. The truth is, many things you door dont doprior to bankruptcy can have a serious effect on the success of the bankruptcy, and certain actions or financial transactions can result in an irreversible impact on your bankruptcy. Some of the more common actions and mistakes made prior to filing bankruptcy include the following:
- Keeping your checking and/or savings account at the same bank you have a personal loan with. Even if you have not filed for bankruptcy, the bank may take money from your accounts to cover your loan if you are behind on the payments. This is known as the right of setoff, and no notice is required.
- Choosing a filing date for your bankruptcy on which your bank account is artificially high. On some dates your bank account may look pretty healthy, even though you know there are a slew of automatic deductions and checks on their way in. Once you file bankruptcy, you must list your exact bank account balance, applying your Florida exemptions to protect these funds. Wait until all the monthly bills go through before filing for bankruptcy.
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Bankruptcy And The Pope Firm Was Very Helpful
I recently went through bankruptcy and the Pope Firm was very helpful in a very embarrassing situation. They went through the process of how bankruptcy works and made what could have been a very difficult time much easier to handle. I would recommend this law firm to anybody who is going through a bankruptcy. Everyone there is very knowledgeable and willing to answer any questions.
Learn More About Filing A Texas Bankruptcy
The frequency of applying for bankruptcy depends on which type of bankruptcy you’re filing, something a chapter 7 bankruptcy still allows the holder of your mortgage to foreclose, so you may want to consider filing chapter 13 to give yourself more time to. Essentially, if you received a discharge in your first bankruptcy, then a set amount of time must pass before you can have your debts discharged by the courts again. However, you are only able to obtain a discharge of your debts in the new case if there. In texas, there’s no limit to the number of times you can seek protection through a bankruptcy proceeding. When you can file another bankruptcy case and receive a discharge of your debts depends on what chapter you last filed and when you filed.
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Tennessee Wage Garnishment Law
By Hari Ender, Attorney
Tennessee law limits the amount of your wages that a creditor can garnish to repay your debt. The Tennessee wage garnishment laws may protect more of your wages than federal wage garnishment laws. For the most part, creditors with judgments can take only 25% of your wages. However, for some types of debt, creditors can take even more.
Read on to learn about wage garnishment law in Tennessee.
Consider The Cons Of Double Filing
If you file too soon, you cannot legally have another debt discharge until the time limits have passed, so the process could waste your time and money.
Furthermore, if a judge finds that you have filed again “in bad faith,” they will stop your automatic stay , unless you can provide clear and convincing evidence that you filed in good faith. They might even throw your case out.
When You File For Bankruptcy In Texas A Bankruptcy Trustee Will Be Appointed To Your Case
Unfortunately, things don’t always go your way despite giving your now that you’re facing another financial hardship, you might be wondering, how often can you file for bankruptcy? The frequency of applying for bankruptcy depends on which type of bankruptcy you’re filing, something a chapter 7 bankruptcy still allows the holder of your mortgage to foreclose, so you may want to consider filing chapter 13 to give yourself more time to. Learn more about filing a texas bankruptcy. How much does bankruptcy cost in texas? The short answer is as many times. Most people filing bankruptcy will want to file under either chapter 7 or chapter 13. If one spouse files an appropriate amount of time needs to pass before they can file for bankruptcy again. Anyone who is residing in texas can file bankruptcy. As already answered, you can file as many times as you like, but you can only get a discharge every 8 years, from the prior case filing. Essentially, if you received a discharge in your first bankruptcy, then a set amount of time must pass before you can have your debts discharged by the courts again. Multiple bankruptcies results in increased surplus income payments, longer time as a bankrupt, and the record will remain on your credit report much longer, making it harder to improve. Will one bankruptcy be enough to help me bail myself out?. They have 180 days in order to file and receive a discharge in bankruptcy.
Attend Your 341 Meeting
Finally, you need to attend your 341 meeting. The location of the 341 Meeting depends on where you filed your bankruptcy case.
Usually, the 341 Meeting takes place about a month after filing. The main purpose of the 341 Meeting is to ensure that you are not hiding any expensive assets that should be distributed to creditors. If your papers were done correctly, you should have no trouble answering the questions. Most meetings last only about 5 minutes. Creditors are allowed to attend, although they almost never do.
Important note: You must bring yourgovernment-issued ID and social security cardto the meeting. If you donât bring them, the trustee cannot verify your identity and the meeting cannot go forward. You should also bring a copy of your bankruptcy forms to the meeting, along with your last 60 days of pay stubs, your recent bank statements, and any other documents that your trustee has asked for.
In most cases, the trustee âclosesâ the case at the end of the meeting. In that case, unless something very unusual happens, you get a letter two months later from the Court stating that your debts have been discharged.
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Check Your Credit Scores
If you havent done so already, sign up for a service, such as the one from Experian, that lets you check your credit scores for free. Your scores may not paint a pretty picture, but depending on how recently you filed your bankruptcy plan, they may not yet be at their lowest point: Your scores will decline significantly when you file bankruptcy, and if you file Chapter 7, they may dip further once the court has discharged your casea process that can take several months . A Chapter 13 bankruptcy isnt considered discharged until the end of the court-approved repayment period.
If overdue or defaulted credit accounts significantly hurt your credit scores before you turned to bankruptcya situation common to many filersyou may find that filing for bankruptcy has less impact on your scores than you might have imagined, if only because your scores had already fallen about as far as they could. Some individuals with heavily damaged scores even see small score increases after filing Chapter 13 bankruptcybut their scores are still likely to be in poor territory. That can be a hard fact to face, but facing it is exactly how to begin your credit recovery plan.
Whats The Difference Between Chapter 7 And Chapter 13 Bankruptcy
The major difference is time Chapter 7 takes 4-6 months; Chapter 13 takes 3-5 years and money. You can have most, or all your unsecured debt discharged in Chapter 7 bankruptcy. In Chapter 13, some of your debt is forgiven, but only if you meet the conditions approved by the trustee and bankruptcy judge.
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An Example Of Serial Filing
Even if your prior cases were more spread out more than just the last 12 months, you might not be home free. Your bankruptcy trustee, the Office of the U.S. Trustee , and your creditors will scrutinize all your prior cases to determine if you are trying to take advantage of the system. For example:;;
Dave and Margaret filed a Chapter 13 case in 2018. This wasn’t their first case. Their prior cases include:
- 2011, Chapter 7 case: received a discharge
- 2013, Chapter 13 case: case dismissed for failure to make plan payments
- 2016, Chapter 13 case: case dismissed for failure to file required paperwork
In each case, the automatic stay was not affected, but after the latest case was filed, the Chapter 13 trustee asked the court to dismiss the stay for serial filing. Dave and Margaret will likely have to go into court and testify regarding the reasons for filing and dismissing both of the previous Chapter 13 cases. If the court allows the new case to continue, it will probably be under the condition that if the new case is dismissed, the couple will not be permitted to file another case for a period of time, which can often be a year or more.
If their actions particularly perturb the court, the court could immediately dismiss the case with a provision that would prevent them from re-filing for a period of time. In certain egregious cases, courts have permanently enjoined a debtor from ever filing another bankruptcy case.
Debtcom Howard Dvorkin Responds
Your story is complicated, Jo, but its not unusual. For two decades, Ive seen Americans sink slowly into debt as if it were quicksand. They grab at anything they think will save them.; That does slow down the inevitable; but it doesnt stop it.
I can give you some information that will make it easier to understand all the factors at play here. However, I recommend that you get in touch with someone that can help you understand how all of this applies in your specific financial situation.
#1: The credit report notation for your first bankruptcy should have fallen off years ago.
If you filed for bankruptcy in 2006, then the latest that penalty should have remained on your report is 2016. Even if you filed for Chapter 7, the public record notation should only remain for 10 years.
So, at a minimum, you should contact the credit bureaus to dispute why the item is still showing up on your reports. I recommend going to annualcreditreport.com to check your reports with all three bureaus .
If you dont know how to make a dispute, Debt.com offers a free guide to help you along.
#2: Enough time has passed that you can legally file bankruptcy again
The maximum amount of time that needs to pass between filings is 8 years. That means youre well past the point of time required between your first and second discharge. You should be able to file for Chapter 7 or Chapter 13 without the time limit between your filings being an issue.
The bottom line
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Filing For Bankruptcy And Choosing An Attorney
You can use the Court Locator to easily find the place closest to Johnson City and get the process started, but there are a couple of things you should take care of first.
Using an attorney is a vital part of this process, theyll know the laws better than you and can help guide you through this stressful and complicated process. Its always a good thing to have someone on your side who knows the ins and outs of this complicated piece of law otherwise big errors can be made.
Before you get with your attorney, have the following ready:
- Records of major financial transactions for the two years prior
- Records of monthly living expenses
- Paperwork on all debts, secured and unsecured
- Records of all of the property you own
- Deeds to any property you own
- Tax returns for the last two years
- Documentation of any loans
Once you have your paperwork in hand, you and your lawyer can get the process started as smoothly as possible in order to get things on their way.
Complaints Seeking Revocation Of Discharge Will Require Retaining Counsel
Keep in mind that the mere filing of an adversary proceeding ;seeking to revoke the discharge will require hiring an attorney to answer the allegations of improper conduct. If these allegations are not addressed in a timely fashion, the debtor will lose their discharge by default.
The possibility that a bankruptcy discharge can be revoked highlights the importance of;full disclosure to your bankruptcy attorney. You must inform your bankruptcy attorney of;all assets and debts in order to ensure that your discharge is not subsequently challenged.
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How Soon Can You File For Chapter 13 After Chapter 7 Bankruptcy
In order to get debts discharged through Chapter 13, you must wait four years after filing a Chapter 7 bankruptcy.
You can file for Chapter 13 before four years if no debts were discharged in the Chapter 7 filing, but if you had debts discharged in Chapter 7 and want to have debts discharged in Chapter 13, you must wait four years.
Time Limits Apply To Discharges Not Bankruptcy Filings
Bankruptcy law doesn’t set a minimum period that you must wait before filing for bankruptcy a second time. However, there’s a catch. If you file too soon after wiping out debt in a previous case, you won’t be eligible for another debt discharge .
Although there are times that it makes sense to file for bankruptcy even though you won’t receive a discharge, these situations are rare . Because a bankruptcy filed too soon will end up being a waste of time and money in most cases, it’s essential to know how to time your bankruptcy filing.
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Issues With Chapter 7 Conversion
When you file for Chapter 13 bankruptcy, part of the process will be that the court will officially approve a repayment plan you must follow to receive a final discharge. If you cant agree on a plan that the court will approve, in some cases, you can convert your filing to Chapter 7.
However, if you already filed once, you have these varying time requirements before your second discharge. So, converting a Chapter 13 filing to Chapter 7 can be a problem. You may be past the amount of time required to receive a discharge with Chapter 13, but not long enough to receive a discharge with Chapter 7.
This makes having the right bankruptcy services on your side even more essential on a second bankruptcy, because you may be navigating some tough waters.
Is Filing Chapter 13 Worth It
Bankruptcy is a serious financial measure, but it might be an option for people struggling with debt. Chapter 13 bankruptcy could make sense if you have steady income and want a chance to keep your home or car. Theres no guarantee the immediate relief will be worth the long-term consequences of the bankruptcy.
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How Often Can You File For Bankruptcy
During your lifetime, you can file for bankruptcy protection as many times as you need it. There is no limit to how many times you can file, but there are time limits between filing dates.
You could file but not receive any debt discharge in some cases, so you need to be careful.
The U.S. Bankruptcy Code determines the time limits based on what Chapter you file under. The clock starts on the day you filed the previous bankruptcy case . These time limits refer only to bankruptcies where you have received a discharge of your debts.