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1. I owe back child support.  Will my bankruptcy eliminate that debt?

Child support is one debt which is never dischargeable.  Filing Chapter 7 will not eliminate your obligation to pay that back child support.  This is absolute.

2. Are you sure that I will not lose my home?

Joliet bankruptcy attorney David Siegel states that the primary question is whether or not the person should file for bankruptcy protection.  Really, that’s a case by case basis which is an important decision to explore with an attorney.  I think in this country we have somewhat of a disdain for bankruptcy.  We don’t like the word bankruptcy so I think that one big mistake that people make is that they don’t pursue bankruptcy as an option and any time when you get in a bad situation, you should explore all your options and make the best decision. 

 The bankruptcy petition is the actual document that is filed with the bankruptcy court.  This petition is a document that lists the assets, liabilities and creditors for the debtor.  Not only will it lose those things but it will also list a summary of a statement of their financial affairs as well as any personal property, their current monthly income and their current monthly expenses as well.

Round Lake bankruptcy attorney David Siegel states that in addition to pre-filing requirements, there are also post-filing requirements.  One requirement is that the debtor must take a second credit counseling class which is called the personal financial management instructions course.  This class can be taken at the trustee’s office in a Chapter 13 or in a Chapter 7; it can be taken through an online class, a class over the telephone or through a DVD.  Again, it depends on what the debtor is doing but it can be a double fee for the second class.  However, in a Chapter 13, it’s

 According to Plainfield bankruptcy lawyer David Siegel, prior to filing your Chapter 7 or a Chapter 13 bankruptcy, there are several things that the person must do.  The first thing the person must do is give their attorney a statement of income through pay stubs and pay advices.  The amounts of the pay advices should be two months to six months depending on the situation.  This is important because the attorney and the trustee will require some kind of verification of their income.  If the income is not through wages and the person does not have paychecks or pay stubs due to any number of