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Bankruptcy Help Ch 13 Straight-Up
A Quick Word About The New Bankruptcy Law
Our documents comply fully with the new bankruptcy laws. It is
everything you will need. Just sign and file.
There are 4 Steps to Filing Under The New Bk Laws
- Preparing the tons of bankruptcy forms
- Taking the mandatory credit counseling class
- Filing, attending the confirmation hearing
- Start making your plan payments to the trustee
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| Which should you file, chapter 7 or chapter 13? If you
can file chapter 7, then go for it. In the long run, chapter 7 is better
than chapter 13. With chapter 7, it starts and ends quickly but with
chapter 13, it could drag on for 3 to 5 years. File chapter 13 only if
you do not qualify for chapter 13 or if you have arrearages on your
mortgage and need time to pay off the back payments.
Chapter 13 requires that you pay back your creditors. Which creditors
do you pay back and how much do you pay them? That depends on your
situation. No two chapter 13s are the same. In some cases you may pay
back only a few creditors and in other you may have to pay them all.
The amount that you pay also depends on your situation. If you are
filing bankruptcy because you do not qualify to file chapter 7, then you
will certainly have to pay unsecured creditors some or all that you owe
them. The amount is determined by a bankruptcy formula.
If you are filing chapter 13 simply because you are behind on your
mortgage or car payments and need time to catch up, you may only have to
pay back those secured creditors.
Under the new laws, there is now what
is known as the presumptive calculations. This set of
calculations determine how long the repayment plan will be and how much
money (if any) will go to the unsecured creditors.
The result of the presumptive calculations is a 6 page document with about 70
or more fields of data known as Form B22C.
Performing the calculations requires the brain power of a computer
since it relies not just on financial information under your control but
requires access to complex data complied by no less than the IRS, the
Census Bureau, the Department of Health and Human Services and more.
If you were to do it by yourself, just performing these calculations could take you weeks of frustrating nail biting agony.
Fortunately for you, the presumptive calculations is only a paper
tiger. It may look fearsome but we reduce it to simply answering a few
questions while we do the calculations.
When you hire us, we pass the information that you give us through
our presumptive calculations crusher utility. Our utility pulls
everything together from every applicable government database and does
all the number crushing for you. We use the results of this utility to
prepare your bankruptcy forms.
Our online questionnaire was extremely easy to fill out under the old
law and under the new law, in spite of the added calculations, it is even
easier.
If you have not yet taken the chapter 7 means test, do so before you
set your sights on chapter 13. Freemeanstesting.com offers free chapter
7 means testing. Visit them at
FreeMeansTesting.com
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| The new bankruptcy law may be a paper tiger but it has
created a mountain of horrendous bankruptcy forms. Before you begin to panic,
that is our bad news, not yours. For one, the man-hours needed to put
together the 6 page Form B22C document can be compared to that need to
prepare two or three complete bankruptcies under the old laws.
On top of that, the new law has caused a typical document set to
balloon from about 23 to 35 pages under the old law to about 50 to 75
pages under the new.
In the past, a lot of people hacked away at their own bankruptcies
inch by inch, week after week, until it was done, but with the new laws,
that is a thing of the past. Now you must have your bankruptcy forms prepared
professionally by a full-service company.
Because of the burdens of the new law, many attorney's have doubled
their prices just to make it worth their while.
None of this need bother you because we take all the responsibility
of preparing the official federal bankruptcy forms on ourselves.
You fill out our 20 minute online questionnaire and we get all of
the mountains of the official federal bankruptcy forms done so that all you do is sign your name
and file. Chapter 13 law requires that you propose a repayment plan.
Because there is not set format for the plan, we do not include it in our
document set. We do however provide you with an easy to fill in form for
the plan which you can attach to the document that we prepare for you. |
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| The Credit Counseling Class |
| The new bankruptcy law requires that you take a 90
minute credit counseling class before filing your bankruptcy, unless
there is an urgent matter that makes it necessary for you to file first
before taking the class. Why do we list the counseling class third
instead of first? The class is a perfunctory, not determinative. You
cannot fail it since there is no test to take. You just have to listen
for a hour and a half as the credit card companies try to talk you out
of bankruptcy filing, using their surrogates, the credit counselors.
It is best to have your bankruptcy forms prepared and ready to file because
this way, you will know that you qualify before you sit through the
class.
Why is there a class in the first place. The credit card companies
wrote it into the law so that they can use it as an opportunity to
divert you into debt repayment instead of bankruptcy filing.
Do you need to take the class before filing? We strongly recommend
that you first have us prepare your bankruptcy forms, and then you take the 90
minute class. The law
allows you to file first and then take the class later if you have an
emergency situation and need to file quickly. We will provide you with a
list of all the approved class providers on our paid site.
Do not let the credit counseling class stop you from having us prepare your
bankruptcy forms.
Take the class after we have prepared your bankruptcy forms.
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| Filing, Confirmation Hearing and
Debtor Ed. |
| After we have prepared your bankruptcy forms, you
need to file them with the court. It is as simple as turning in the
bankruptcy forms that we give you and paying the court filing fee. If you are low
income, you do not have to pay the court fee. After ordering, let us
know and we will include the bankruptcy forms for waiving the court fees
for free.
As we mentioned earlier, you get to propose to the court a repayment
plan. If you have not yet filed the plan, you can file it within 15 days
of the filing of the bankruptcy petition.
About a month after filing the plan, you will need to attend the mandatory
confirmation hearing. The court will confirm the repayment plan or
modify it based on creditor input.
Once confirmed, the plan becomes the schedule for repaying the
creditors. You repay the creditors through the trustee as laid out in
the plan.
The new bankruptcy law requires you to attend another 90 minute
class after filing bankruptcy, this one being the debtor education class. You have several
months after filing your bankruptcy forms to take the class. This class is to
educate you on how to manage your finances so that you do not find
yourself bankrupt again.
If you hire us, you will find it to be nothing more than a paper
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There are several other full-service companies preparing
bankruptcies and so the question is, why use us? Who are these other
companies, you ask?
EasyBk and
BridgePort are some of the better ones.
You can visit
http://bkreview.com/ for a complete list of all the reputable
companies available for you to choose from.
In the old days, it used to be that when you said that you would do
something for another person, you were honor bound
to keep your word and a simple handshake was all you need to get
started.
Yes, a handshake and your word of honor.
These days, everything is doubletalk. When a video rental company
says that they have gotten rid of late fees, they have simply
renamed the late fee, like say, delayed restocking fee.
When a bank says free checking, they do not mean free use of their ATM
or free money orders, or an end to 30 dollar return check charges.
When a mortgage company promises you a no-cost loan, they hit you
with document setup fee, warehousing fee, buy-down fee, etc.
And if you think you have asked all the right questions and have
gotten the bottom-line, you will find out too late that there is
something extra you are being charged for that you didn't think to
ask the sales person.
If you are about to file for bankruptcy, you are probably a nervous
wreck and you do not need another thing to worry about. You are
frazzled enough and you deserve a break. You need our word of honor
and you need it straight up.
That is why we will not wow you with flashing neon lights or
animated graphics dancing back and forth on our site.
Here is our WORD and HANDSHAKE
This is a list of what we will do for you and it is way more than is
needed for a successful chapter 13 bankruptcy.
If it is on this list, you have our word of honor that we will do it.
We have left nothing out, but if you came up with something that is
not on the list, we will work harder than anyone else to do it.
Handshake No. 1 -
The Documents
We will prepare all of the official Federal bankruptcy forms required by
the courts for a chapter 13 bankruptcy. It takes about 65 pages of
court forms covering just about everything there is to know about
your finances.
These are not templates or forms but completed bankruptcy
forms that
are ready for the court. All you do is sign your name and turn them
in to the court clerk.
The bankruptcy forms include all of the schedules from A to J, and the various
mandatory statements. To summarize, they are:
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Voluntary Petition
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Summary of Schedules
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Schedule A - Real Property
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Schedule B - Personal Property
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Schedule C - Property Claimed As Exempt
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Schedule D - Creditors Holding Secured Claims
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Schedule E - Creditors Holding Unsecured Priority Claims
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Schedule F - Creditors Holding Unsecured Nonpriority Claims
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Schedule G - Executory Contracts and Unexpired Leases
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Schedule H - Codebtors
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Schedule I - Current Income of Individual Debtor(s)
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Schedule J- Current Expenditures of Individual Debtor(s)
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Declaration Concerning Debtor's Schedules
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Statement of Financial Affairs
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Form B22C - The Presumptive Calculations
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Statement of Social Security Number
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Creditor Mailing Matrix
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Creditor List Formatted for Diskette
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Court Fee Waiver
We also provide on a discretionary and complimentary basis, various
other helpful bankruptcy forms not required by the official bankruptcy
rules.
Handshake No. 2 -
The Quality Control
Preparing 65 or more pages of detailed bankruptcy forms is not an
easy task particularly since everything is riding on it. One serious
mistake could turn a simple boring process into a
nightmare.
This is all the more reason why you are better off having an
experienced and trained pair of eyes looking over everything rather
than trusting some ordinary software.
When we are done preparing your bankruptcy forms, we run it through a series
of quality control checks.
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First we check the information that you give us for completeness.
You would be surprised how easy it is to leave out important
information and not be aware of it.
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Next we make sure that your belongs such as your house, your cars,
your pensions, your life insurance, your furnishings and all of your
other possessions are protected by exemptions against liquidation by
the trustee.
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Then we crunch all of the numbers to make sure that you are truly
insolvent, which in other words means that your bankruptcy discharge
cannot be denied. When it is all said and done, the trustee looks
to see if you cannot pay your debts considering your income, expenses,
size of household, etcetera and that is what our trained eyes and
proprietary number
cruncher tell us.
Note: All of this happens before we prepare the bankruptcy
forms.
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We then prepare all of the bankruptcy forms the way the court wants
them. All of the information is presented exactly as required.
Every piece of data is placed on the right form, on the right page
and in the right space. All the lists
in all the schedules are alphabetized as required by the rules and
all the numbers match up with each other and conform to what the
trustees want.
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After we have prepared your complete set of bankruptcy forms, we
painstakingly double check all of the critical parts. These are the
parts that really matter.
If your car breaks down you can spend days guessing what is wrong,
adjusting screws, fiddling with and replacing all sorts of parts,
but unless you know for certain what is wrong, you will not be able
to fix it. When you file bankruptcy, the trustee gets a copy of
everything and assigns his or her staff to break it all down to the
nuts and blots and at the end of the day, if the trustee does not
find what he or she is looking for, you have trouble.
Now, if you are doing it yourself or using software, you and
the software will not know what is
critical and what is not. Yes, you may save money buying some
cheap software but eventually, you will wish you hadn't shortchanged
yourself.
At the end of the day, all you really want is to have your debts
discharged and our thoroughness ensures that. This is why we have
never had a customer who did not get his or her debts discharged.
And that is why we have the craziest guarantee in the business.
Handshake No. 3 - The Added
Value
In addition to preparing your bankruptcy forms,
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We will accept as many creditors and bill collectors as you have at
no extra cost. Lawyers and paralegals charge you extra after the
first few creditors and that can get expensive.
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You can take your time giving us your information. The information
you submit to us is saved as you enter it, so that you can do it in
as many sessions as you need. All you do is log back on and
continue where you left off. This means that you do not need to wait
till you have all of your bills to get started. Sign up today and
take your time gathering your information.
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You can make changes to your information at no extra charge, as often as you like, until
our work is finished. After your bankruptcy forms have
been completed and delivered to you and even after you have filed, you can still make changes
and have us redo everything for a
nominal charge.
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If you need to, you can file one joint bankruptcy with your spouse
and save on court fees. We will allow you to add your spouse at no
extra cost.
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We protect the privacy of your information. We never share your
information with anyone. You will never get on a mailing list or get
spammed.
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When you are done giving us your information, we will prepare your
bankruptcy forms in one business day. In fact most people get back their
completed bankruptcy forms in a few hours, but we say one business day so
as to
make sure our word is good no matter what the situation is.
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After you sign up, we give you free access to our credit repair
resources that you can use on your own down the road, to repair your
credit.
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Handshake No 4. - The Support
We would like to tell you that our bankruptcy forms work better
for you in court than that of everyone else but we will not, because
we do not know how good the full-service documents of other outfits
are.
We can say though that we offer the best overall customer
satisfaction.
There are several reasons for this. First our people are more than
just customer service reps. Each one of them has logged many years
prior the advent of the Internet, preparing court documents by hand
and dealing with the courts.
When you contact them with a question, they give you the correct
answer with uttermost certainty and authority rather than give
you an educated guess.
Our second advantage is that we only handle personal
bankruptcies and even more specifically, only chapter 7s and chapter
13 bankruptcies.
Most important of all, we are not a big company and we do not
do anywhere near the volume that you can expect from larger outfits
such as Easybkservices.com, one of the oldest full service
companies
around.
When it comes to hands-on full service bankruptcy preparation,
smaller is better. Our smallness allows us to pay close
attention to each individual customer and to get it right every
single time.
Our handshake and word of honor is that we will be there to help you
every single step of the way. If you have a special situation and
need us to bend to accommodate you, we are more likely to do so than
the bigger companies.
Handshake No. 4 - The Guarantee
We guarantee that the bankruptcy forms that we
prepare will be accepted by the court for filing or we will fix it or
return all of the money you paid us.
Full Service versus Do It Yourself Bankruptcy
We are often asked by people why they should use us rather than to
use online software such as
Guaranteed Bankruptcy Forms Software.
Our answer is usually this. "You may know a thing or two about
electricity but when it comes to rewiring your entire house, wouldn't
you want to have it done for you by a professional rather
than to be handed a box full of electrical tools and told to call a
toll free number if you need help?"
That is exactly what happens when you do it yourself with software,
whether it is online or with one of those executables programs that
you download and install permanently on your hard drive.
Bankruptcy kits and software evoke the memory of one genre of movies
called airplane disaster movies. In these movies, the pilot is
either dead or unconscious and the jumbo jet is being flown by a
passenger.
The reluctant passenger-turned-pilot is guided by a pilot on the
ground via a hand held radio, into landing the massive plane before
the fuel runs out.
That makes for exciting nail-biting movies but not for good
bankruptcies. The best bankruptcy experience is a dull and boring
one and that is what you can expect from us.
We will not give you a software tool and ask you to do it yourself.
We will do it for you. And when you appear for your mandatory
trustee meeting, it will be boring and uneventful because the
bankruptcy forms will done right.
Talking about doubletalk, some bankruptcy sites leave you unsure as to
who is preparing the bankruptcy, you or them. Here is how to find
out. Search their web page for the words software or
technology. (It is as simple as doing a Ctrl-F on
their web page to bring up the search dialog box.)
If the words software or technology describe what they do, then you know that it is do-it-yourself with software, but if they say Full-Service or We
will do it for you then that is what you want.
Here is how it works
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Sign up and select a username and password. This gives you access
to our customer-only site where you can give us your information.
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Enter your information in our easy online questionnaire. You can
save your information so that you can come back and continue where
you left off or make changes.
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We will prepare all of your bankruptcy bankruptcy forms and deliver them
to you via email as well as by a web link for redundancy. As we
mentioned earlier, this includes the means test and its bankruptcy
forms.
In short, you get every official form prepared and ready for filing.
After you get the bankruptcy forms back from us,
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Sign them in all the spaces indicated.
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File the bankruptcy forms with the court. We provide you the location of
the court in your area as well as their contact numbers and other
instructions. Filing can
be done either in person or by mail.
After filing the bankruptcy forms, the court clerk will notify the
creditors by mail and then set a date for the creditor meeting and
the confirmation hearing which
is usually 4 weeks later. The creditor meeting and the confirmation
hearing are usually held on the same day at the same place.
It is called the meeting of the creditors but in actually, creditors
seldom show up. It is largely a dress rehearsal that may last a
minute or two. When it is your turn, you are asked one or two
questions such as if you understand the significance of what you are
doing. The confirmation hearing on the other hand give the creditors
the opportunity to present their own ideas as to the payment of the
debts.
That's about it. If you are scared about the meeting of credits,
don't be. Some people get scared into hiring a lawyer for this
meeting, only to find out that the lawyer is not allowed to speak for
them at the meeting.
If you want to be scared, be scared of preparing 70 or more pages of
bankruptcy forms on your own, using software or paper forms.
That about sums it up.
To summarize, bankruptcy laws have changed thereby making it impossible to hack
through 60 to 100 pages of punishing bankruptcy forms without the help of a
Full-Service company or a seasoned attorney. When you hire us, we
make so easy that you will wonder what all the fuss about the harsh
new laws is about. Don't get us wrong. The new laws are still as
brutal as they say. The difference is that we take on the intense
work of preparing everything for you while shielding you from all of
the pain and aggravation.
Procrastination might be your thing, but this time, it could hurt you
or may be even ruin your financial future.
If you are ready to get started today, we offering a limited time
price of only $185 instead of our regular price of $299.
This offer
expires at midnight Friday, January 9th.
After the offer deadline, the price is one thing we cannot
change, not even to be Mr. Nice Guy. If you want the reduced sales
price, then place your order today.
Transaction Security: Payments processed
on Secure Server (128-Bit SSL Encrypted)
Ordering
When you order our services, you will
select a username and password with which to log
on to our customer-only site. Note that you do not
need to have all of your bills before you start. You
can save your information in our questionnaire with the
click of a button and return at your convenience to
continue.
Shopping with us is very secure.
We do not store your credit card information on our
servers and no employee or even any management personnel
ever sees or comes into contact with it. It is
passed in electronically to your bank via the
VISA/MasterCard network and then automatically discarded
without ever coming into human contact.
Credit
card/debit card
(We start to work on your bankruptcy immediately if paid in full.)
Click Here To Order Chapter
13 Bankruptcy
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