What Does Do I Have To List All My Assets and Debts When Filing Bankruptcy? Mean?
What Does Do I Have To List All My Assets and Debts When Filing Bankruptcy? Mean?
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Virginia has two districts for filing for bankruptcy — the Japanese District and the Western District. You’ll must file for bankruptcy in the district where you live.
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The bankruptcy courtroom might not "discharge" or eliminate the personal debt at the conclusion of your Chapter 7 bankruptcy situation. Whether or not the court docket discharges the credit card debt will depend upon my explanation various components, which include if the Chapter seven trustee distributed cash to creditors inside your circumstance.
Picking point out or federal exemptions. Because the federal exemptions are not available During this state, you will need to utilize the state exemptions. But It's also possible to utilize the federal nonbankruptcy exemptions.
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If you live in another county or region in Virginia, you can file your bankruptcy petition inside the Japanese District.