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The Internet has many places to ask questions about anything imaginable and find past answers on almost everything.

Do bankruptcies get published in the newspaper?

Since the bankruptcy case is a matter of public record sometimes newspapers will publish the names of people who have sought bankruptcy relief. Remember that the bankruptcy requires that you disclose all your assets and all your debts. Each creditor listed will be given notice of the filing of your bankruptcy case.

What type of debt Cannot be wiped out by declaring bankruptcy?

Most consumer debt, including medical bills and credit card bills, is dischargeable. Certain debts, however, are non-dischargeable, meaning they cannot be wiped out through bankruptcy. These are debts that Congress has decided should not be able to be discharged for public policy reasons.

What type of debt Cannot be discharged?

The following debts are not discharged if a creditor objects during the case. Creditors must prove the debt fits one of these categories: Debts from fraud. Certain debts for luxury goods or services bought 90 days before filing.

Does Chapter 7 wipe Judgements?

Your bankruptcy discharge will wipe out your obligation to pay back the deficiency judgment. However, if the lender placed a lien on any of your properties using the deficiency judgment, Chapter 7 bankruptcy will not automatically remove that lien (your discharge only eliminates your personal liability for debts).

How long does it take for discharge after meeting of creditors?

about 60 days

What is objection to discharge?

An objection to discharge constitutes an adversary proceeding within the bankruptcy case, sometimes also referred to as bankruptcy litigation. It is an entirely separate court action, involving investigation and discovery and eventually a hearing before the bankruptcy court.

Is the 341 Meeting scary?

Filing for bankruptcy is a scary experience, but within the entire process from start to finish, the 341 Meeting of Creditors is perhaps the most daunting. The idea of coming face to face with people who are trying to collect on a debt is understandably intimidating.

What happens after your meeting of creditors?

Your creditors have 60 days from the date of your initial meeting of creditors to object to your discharge. If no creditors object and you’ve completed all other requirements (such as filing your certificate of debtor education), then you’ll receive your discharge after the deadline for filing objections passes.

Does a Judgement go away?

Renew the judgment Money judgments automatically expire (run out) after 10 years. If the judgment is not renewed, it will not be enforceable any longer and you will not have to pay any remaining amount of the debt. Once a judgment has been renewed, it cannot be renewed again until 5 years later.