An automatic stay starts at the moment of the bankruptcy filing , whether it is a chapter 7 , 9, 11 , 12, or a chapter 13 bankruptcy case. An automatic stay remains in effect until the bankruptcy proceeding is concluded, denied, …
Posts from ‘May, 2012’
Chapter 13: The Wage Earner's Plan | Phoenix Bankruptcy Law Blog
Liquidation bankruptcy is Chapter 7 , where all property that is part of the bankruptcy estate is liquidated and the proceeds are used to pay off creditors. … In addition to the petition for Chapter 13 protection that must be filed in the bankruptcy court of the federal district where the debtor resides, the debtor must also file with the bankruptcy court the following documents: (1) a list of assets and liabilities; (2) a list of current income and …
What Happens to Property After Filing the Bankruptcy Petition …
Generally, in a Chapter 7 liquidation and a Chapter 11 reorganization all earnings and property acquired by the debtor after filing remain property of the debtor.