Bankruptcy Help Ch 7 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 Laws
- Qualifying to file bankruptcy
- Preparing the tons of bankruptcy forms
- Taking the mandatory credit counseling class
- Filing, attending the creditor meeting, taking the short
|The Bankruptcy Means Test - Do You Qualify?
|Under the old bankruptcy law, just about everybody
qualified. There wasn't even the concept of qualifying to file since the
mere fact that you wanted to file meant that you needed help. You
probably heard of big name entertainers filing bankruptcy and still
managing to keep their mansions.
Under the new bankruptcy laws, there is now what
is known as a means test. If you pass the test, you qualify to
have your debts wiped out but if you do not pass, then it would be up to
a judge to decide.
The bankruptcy means test is not an exam that you go somewhere to take. Instead
it is a 7 page document with about 85 questions and calculations that you
answer and perform.
The answers to these questions 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 finding out if you qualify
to file bankruptcy could take you weeks of frustrating nail biting agony.
The means test is indeed the silver bullet that the credit card
companies intended to use to kill bankruptcies when they wrote the law.
Fortunately for you, the means test is only a paper tiger. It may
look fearsome but the truth is that all of our customers pass it.
When you hire us, we pass the information that you give us through
our means test crusher utility interactively. Our MT utility pulls
everything together from every applicable government database and does
all the number crushing to qualify you.
It is interactive so that if a number you give us is out of whack,
you can change it as often as you like until the MT utility passes you.
Computer power aside, all of our customers pass the means test
because the means test law is full of second chances and allowed
loopholes, and we find and apply every single one of them to your
If any attorney has told you that you do not pass, it could very well
be that he or she is either inexperienced or does not want to be
bothered with your case.
It is said that if you need to file bankruptcy and cannot pass the
means test, it is because you can pay your bills or deliberately do not want to pass it.
Our online questionnaire was extremely easy to fill out under the old
bankruptcy law and under the new law, in spite of the means test, it is even
Wouldn't it be nice if you can take the means test online before you
decide on filing? Now you can. As far as we know, ZMT Means Testing is
the only web site offering the official means testing online to the
general public. Visit them at
ZMT free means testing
If you have been worrying about the means test, worry no more.
|The new bankruptcy law may be a paper tiger but it has
created a mountain of horrendous paperwork. Before you begin to panic,
that is our bad news, not yours.
For one, the man-hours needed to put
together the 7 page means test bankruptcy form 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 bankruptcy
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 bankruptcy law, many bankruptcy attorney's have doubled
their prices just to make it worth their while.
In a long distance conversation the other day, one of the lowest
priced bankruptcy attorneys in Austin confirmed that they had raised
their price from $595 to $1595 because of the paperwork.
None of this need bother you because we take all the responsibility
of preparing the paperwork on ourselves.
You fill out our 20 minute online questionnaire and we get all of
the mountains of bankruptcy forms done so that all you do is sign your name
|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, using their surrogates, the credit counselors.
It is best to have your documents prepared and ready to file because
this way, you will know that you qualify before you sit through the
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? Not necessarily. The law
allows you to file first and then take the class later if you have an
urgent situation and need to file quickly.
You can find a list of classes from the government site at
Approved Credit Counselors
Do not let the credit counseling class stop you from taking the
test or from having us prepare your bankruptcy forms.
Take the class after your bankruptcy forms have been prepared and if you have
an emergency, file first and take the class later.
|Filing, Creditor Meeting and
|After we have prepared your bankruptcy forms, you
need to file them with the bankruptcy court. It is as simple as turning in the
documents 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 paperwork for waiving the court fees.
About a month after filing, you will need to attend the mandatory
creditor meeting. This is the easiest part of the process since it lasts
only about 30 to 60 seconds and since there are usually no creditors
there. It is just a mere formality.
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 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.
The bankruptcy court will send you a discharge notice about five months after
filing, stating that your debts have been wiped. You do not wait for
that notice before enjoying your newfound freedom. Your bankruptcy
into effect the moment you file, not when you get the discharge notice.
That is all there is to the entire process. To summarize, the new law introduces
the two 90 minute classes and the means test and nothing more.
If you hire us, you will find it to be nothing more than a paper
There are several other full-service companies preparing
bankruptcies and so the question is, why use us? Who are these other
companies, you ask?
Easy Bankruptcy filing and
Bridgeport Bankruptcy Filing 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
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 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 -
We will prepare all of the official Federal bankruptcy forms required by
the courts for a chapter 7 bankruptcy. It takes about 35 pages of
court forms covering just about everything there is to know about
These are not templates or forms but completed documents that
are ready for the court. All you do is sign your name and turn them
in to the court clerk.
The documents include all of the schedules from A to J, and the various
mandatory statements. To summarize, they are:
Summary of Schedules
Schedule A - Real Property
Schedule B - Personal Property
Schedule C - Property Claimed As Exempt
Schedule D - Creditors Holding Secured Claims
Schedule E - Creditors Holding Unsecured Priority Claims
Schedule F - Creditors Holding Unsecured Nonpriority Claims
Schedule G - Executory Contracts and Unexpired Leases
Schedule H - Codebtors
Schedule I - Current Income of Individual Debtor(s)
Schedule J- Current Expenditures of Individual Debtor(s)
Declaration Concerning Debtor's Schedules
Statement of Financial Affairs
Means Test Calculations and Documents
Chapter 7 Individual Debtor's Statement of Intention
Statement of Social Security Number
Creditor Mailing Matrix
Creditor List Formatted for Diskette
Court Fee Waiver
We also provide on a discretionary and complimentary basis, various
other helpful bankruptcy forms not required by the official bankruptcy
Note: We prepare both Chapter 7 and Chapter 13
Handshake No. 2 -
The Quality Control
Preparing 65 or more pages of detailed legal documents is not an
easy task particularly since everything is riding on it. One serious
mistake could turn a simple boring process into a
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 bankruptcy software.
When we are done preparing your bankruptcy forms, we run it through a series
of quality control checks.
First we check the bankruptcy 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.
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 bankruptcy exemptions against liquidation by
the bankruptcy trustee.
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
cruncher tell us.
Note: All of this happens before we prepare the bankruptcy
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 bankruptcy 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
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 bankruptcy software, you and
the bankruptcy 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
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
In addition to preparing your documents,
We will accept as many creditors and bill collectors as you have at
no extra cost. Bankruptcy lawyers and paralegals charge you extra after the
first few creditors and that can get expensive.
You can take your time giving us your bankruptcy 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 bankruptcy information.
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
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
We protect the privacy of your bankruptcy information. We never
share your information with anyone. You will never get on a mailing
list or get unwanted email from us.
When you are done giving us your bankruptcy information, we will prepare your
documents 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
make sure our word is good no matter what the situation is.
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. we will even put you in touch with attorneys who will take
the bankruptcy off your credit report as though you never even
filed. Who wants to wait the usual 10 years? Hire us and the credit
attorneys can make it as if it never happened. That is just the
icing on the cake.
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
We can say though that we offer the best overall customer
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 bankruptcy documents by hand
and dealing with the bankruptcy 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 13s.
Most important of all, even though we have done tens of thousands
of bankruptcies, we are not the biggest company and your not just a
number to us. This means that we can take our time getting your
bankruptcy filing right rather than rushing through it. For
comparison, there are other choices out there including attorneys
and other full-service companies. You can look up the competition at
Online Bankruptcy Review but in
the end you will come back because we are the best.
When it comes to hands-on full-service bankruptcy preparation,
bigger does not mean better. We are big enough to have handled
thousands of every type of bankruptcy case and small enough to care
about you as an individual. This allows us to pay close
attention to each individual customer and to get it right every
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 other companies.
Handshake No. 4 - The Crazy Guarantee
We call our money-back guarantee the Crazy Guarantee because it just
does not make any sense.
In the real world, companies and professionals only guarantee their
work. They never ever take responsibility for the mistakes made by
their customers. If you hire an attorney you get even less of a
guarantee. Those guys guarantee you NOTHING. Except for personal
injury contingency cases, have you ever heard of a divorce lawyer or
a criminal lawyer who guaranteed to refund his or her fees if their
lost in court?
If you buy a computer and it accidentally flies out of the back of
your pick-up truck and shatters to pieces on the highway, the store
manager does not give you a new one or take responsibility for the
When we prepare your bankruptcy documents, we take responsibility
not only for our work, but also for any mistakes you make in your
information. For example, if you mistakenly entered $15,000 a month
as your income instead of $1,500 and we did not catch the error, if
the court denied your discharge, we would take responsibility and
fix it at no cost to you or give you a full refund if it cannot be
It is important that you understand that we do not offer an
unconditional money-back guarantee. We offer a performance
guarantee. The difference is that with an unconditional guarantee,
we could do all of the work and you could file your documents and
than ask for your money back. If that were to happen, we would not
be able to stay in business. Our guarantee is that your
bankruptcy will be accepted by the court and that you will get your
Therefore, if you are not sure you want to file bankruptcy, do not
order our services. It just wouldn't be fair to have us do all the
work and then have you change your mind.
The end goal of every Chapter 7 bankruptcy filing is to get a
discharge and that is what we guarantee. If at the end of the day,
the court says no to giving you your discharge, you will get your
money back. (There is however only one condition. You have to be
serious about going through with it. This means that you will
actually file the documents that we give you and that you will
attend the mandatory creditor meeting and the Debtor Education class
required by the new law. You cannot deliberately
sabotage your own bankruptcy and hold us responsible.)
Full Service versus Do It Yourself
We are often asked by people why they should use us rather than to
use online software such as
Guaranteed Bankruptcy 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
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
documents 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.
You Found a Treasure
So Save It!
We do not always advertise so bookmark us now!
Click To Add Us To Your Favorites
Here is how it works
Sign up and select a username and password. This gives you access
to our customer-only site where you can give us your information.
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.
We will prepare all of your bankruptcy documents 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 documents.
In short, you get every official form prepared and ready for filing.
After you get the documents back from us,
Sign them in all the spaces indicated.
File the documents 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 documents, the court clerk will notify the
creditors by mail and then set a date for the creditor meeting which
is usually 4 weeks later.
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
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 60 or more pages of
bankruptcy paperwork 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 paperwork without the help of a
Full-Service company or a seasoned attorney. When you hire us, we
make it 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.
expires at midnight Monday, May 27th.
Still not sure you will qualify, take the Official Means Test on us.
Take the ZMT Means Test and we will deduct the amount you pay them
from our fees, up to a maximum of $15.
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
Transaction Security: Payments processed
on Secure Server (128-Bit SSL Encrypted)
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
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.
PayPal Payments Accepted
You can pay by check or credit card using PayPal. (Note
that check payments will delay activation of your account, unless you
have a balance on your PayPal account. If you do not have a PayPal
account, you can still use the PayPal option.)
Chapter 7 Only.
Click here for Chapter 13
$185 limited time offer. See above for offer
You can pay us with a credit card or bank card with the Visa or
MasterCard logo, without signing up for a PayPal
account. By choosing this option on the PayPal page, your card
payment will be handled like any other card payment at your card issuing
bank. On the PayPal page, click "Continue" to pay with a credit card if
you do not have a PayPal account. If you have a PayPal account,
then use it since their Buyer Protection makes it the most secure way to
pay on the internet. If you do not have a PayPal account and want one,
or if you want to pay by check, you will be prompted on the PayPal page to register for one.
Chapter 7 Bankruptcy
Click here for check, credit card or debit card payment using PayPal.
Click here for Chapter 13
"Thank you ever so much for your service. You folks
have been nothing short of doing everything you
promised. I am very satisfied and glad that I found you.
You've left nothing to chance and delivered fabulously!
Thanks again for a job well done!"