FAQs

How often you can file a bankruptcy depends upon your specific circumstances. Moreover, this includes which type of discharge you received previously.

For Consecutive Chapter 7 Bankruptcies: If you received a discharge in a Chapter 7 bankruptcy, you must wait eight years from the date the previous case was filed to file a new Chapter 7.

For Consecutive Chapter 13 Bankruptcies: If your debts were discharged in a prior Chapter 13 case, you must wait two years from the date the old Chapter 13 case was filed to file a new Chapter 13.

Learn more about how often you can file for bankruptcy, including the option to file for different chapters consecutively, in our blog.

By filing Chapter 13, you lose no property through your repayment plan.

However, in Chapter 7, you select the property you are eligible to keep from either a list of state exemptions or exemptions provided in the federal Bankruptcy Code.

It depends on the type of debts that are owed.

For example, some debts cannot be discharged in bankruptcy. You will continue to owe them just as if you never filed for bankruptcy.

Likewise, debts that will not be wiped out are child support, alimony, and certain kinds of tax debts.

The most common bankruptcy is Chapter 7. To clarify, it does not require any filers to pay back any portion of their debts.

On the other hand, Chapter 13 might be the best choice depending on your situation.

For example, if you are behind on your mortgage and want to keep your house, Chapter 13 will set up a plan for you to repay over time.

Meanwhile, Chapter 7 could make you lose your home.

Firstly, the last three years of tax returns must be provided to the Chapter 7 trustee overseeing the case.

But, we can track down your tax information for you for no extra charge.

To clarify, the only payment that is made is the $13 charge to the IRS to order a tax transcript directly from them

Yes. The Bankruptcy Code allows a debtor to pay attorney fees after the Chapter 13 bankruptcy is filed.

Likewise, we have flexible options for the payment of Chapter 13 attorney fees.

No. To clarify, you can pay the entire attorney fee before filing.

Yes. To clarify, proof of employment or receipt of other regular monthly income and you must have a bank account.

Likewise, we must be able to withdraw the monthly installment from that account.

Judges typically required debtors to pay the entire attorney fee before filing for bankruptcy.

In other words, the court determined that a lawyer who collects any part of his bankruptcy fee after filing is attempting to collect a pre-bankruptcy debt that is included in the bankruptcy.

However, after a ruling by a local bankruptcy judge, Parker & DuFresne offer an option to file bankruptcy before the attorney fee is paid.

In most cases, our firm charges an attorney fee of $2,250 to represent a debtor from beginning to end. However, depending on individual financial circumstances, this fee can vary.

For example, the fast file option we offer allows you to only pay $422, or $467 for joint, before filing your case.

This includes the filing fee, credit report, and credit counseling. Likewise, an agreement will be put into place to pay $250 per month for nine consecutive months.

Further, we offer a discounted option to save $500 if you pay the entire attorney fees of $1,750 plus the $422 or $467 in costs before filing. So, the costs of monitoring monthly payments are saved.