Bankruptcy Basics - A Guide for Employees
bankruptcy, its employees are likely to receive a “Notice of Filing” from the bankruptcy court which contains important information about the case. The employer (now known as the Debtor) is required to list in its petition and schedules all of its creditors, including its employees.
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Bankruptcy: Understanding Reaffirmation Agreements
www.citybarjusticecenter.orgdebt and to obtain a financial “fresh start.” Not all debts are dischargeable, but most common consumer debts are. In certain limited circumstances, a debtor may wish to pay a particular debt even though the debt can be discharged in bankruptcy. Bankrupt-cy does not prevent a debtor from volunteering to pay a debt that
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www.uscourts.govbankruptcy court enters a discharge order, or before the expiration of the 60-day period that begins on the date your reaffirmation agreement is filed with the court, whichever occurs later. To rescind (cancel) your reaffirmation agreement, you must notify the creditor that your
Declaration About an Individual Debtor's Schedules
www.uscourts.govYou must file this form whenever you file bankruptcy schedules or amended schedules. Making a false statement, concealing property, or obtaining money or property by fraud in connection with a bankruptcy case can result in fines up to $250,000, or imprisonment for up to 20 years, or both. 18 U.S.C. §§ 152, 1341, 1519, and 3571. Sign Below