The Bankruptcy Online Course: How You Can File for Chapter 7 Bankruptcy Yourself

The Chapter 7 Bankruptcy Online Course

The bankruptcy filing process can seem very intimidating, especially if you do not have a lot of money. That’s where the Chapter 7 Bankruptcy Course may be helpful!  By using the Chapter 7 Bankruptcy Course, you can save thousands of dollars in legal fees, as well as prepare and file your own bankruptcy online.

For many people struggling with debt problems, filing bankruptcy may be the perfect solution. Whether you are being crushed by credit cards, dealing with a wage garnishment, or being served with a mortgage foreclosure, getting a bankruptcy discharge provides a great way for many individuals to wipe away their past financial troubles and receive a financial fresh start. 

What is Chapter 7 bankruptcy?

Chapter 7 bankruptcy filings are a debt relief alternative for individuals with both unsecured debts and as well as secured debts. There are different types of bankruptcies, although bankruptcy for individuals will often fall under one of two forms of personal bankruptcy: chapter 7 and chapter 13.

Chapter 7 is liquidation bankruptcy, and is a very quick bankruptcy filing, with the average bankruptcy petition often being over in just about 4 months after filing your bankruptcy petition and paying your filing fee. Filing bankruptcy under Chapter 7 is a great debt-relief option since it can help you experience a financial fresh start quickly. At first glance, the bankruptcy paperwork is can be a lot, although in the case of an emergency bankruptcy filing, you generally only need a handful of documents, such as the voluntary petition, list of creditors, and bankruptcy credit counseling certificate (the first of two bankruptcy counseling courses that you need to complete).

How to Prepare for Chapter 7 Bankruptcy

If you’ve made up your mind that it’s time for you to get out of debt and experience a financial fresh start, you’ve probably looked at a few options, including debt repayment plans, applying for a debt consolidation loan, or even a debt settlement program. Bankruptcy is definitely a viable option that should also be on your list, if not already there. For many clients that I’ve worked with, the quickest, simplest, and most affordable way to deal with your debt collectors is through some form of bankruptcy. If you’ve done some kind of bankruptcy evaluation and decided to move forward, here are some things to keep in mind to prepare your chapter 7 bankruptcy forms. First, there will be documents you want to compile and have handy. While the specific documents needed will differ from case to case, there are certain documents that will be required in almost every case. They include (among other things) valid identification (a valid, government issued photo ID, and your social security card); bank statements (try to have ready at least 6 months worth of bank statements from any and all accounts); and a credit report (to list your debts and creditors in your bankruptcy schedules). Next, you will want to complete your credit counseling course. Keep in mind that you must complete both bankruptcy educational courses (the pre-filing credit counseling course and the pre-discharge bankruptcy counseling session) with a credit counseling agency that is approved to issue certificates in your district bankruptcy court. Another consideration will be whether you want to retain a bankruptcy attorney to handle your case. You are not required to hire a lawyer to file for bankruptcy, although hiring one will often make the bankruptcy process much easier for you. If you feel comfortable filling out the official bankruptcy forms (you don’t need any special filing software, just the ability to open PDFs), the chapter 7 bankruptcy course may be a great fit, to give you the extra guidance you need to navigate most legal issues as you prepare your bankruptcy paperwork. Finally, there are the filing fees. Unfortunately, bankruptcy courts around the country differ wildly about how individuals can pay the case filing fee. Many courts still are not set up to accept electronic payment of the filing fee. Consequently, if you are filing your own case, you will either have to go to court to make the payment, or mail the payment to the court. Keep in mind that payments must be in cash or certified check/money order (no personal checks allowed).

Why choose the bankruptcy online course if you’re filing for bankruptcy?

Due to the often high cost of legal fees, many people end up feeling “too broke to file bankruptcy.” That’s why I created the Chapter 7 Bankruptcy Course. With this online course, you will receive in-depth guidance as an experienced bankruptcy attorney prepares a chapter 7 bankruptcy case form by form. Many of the major legal issues that you need to be aware of are covered, including: claiming bankruptcy exemptions; monthly income (both for your schedules as well as the Means Test); access to official bankruptcy forms; creating your creditor mailing list; preparing for the 341 meeting of creditors; and much more!

Do You Need a Lawyer to File Bankruptcy Online?

When you are being crushed by debt, it can seem impossible to get out from under all of the bills and collections that make up your tough financial situation.  As we’ve discussed, however, bankruptcy can be a great and viable option to help you get a financial fresh start.   Some people are under the misconception that they need to hire a lawyer to file for bankruptcy.  Fortunately, this is not the case, as hiring a lawyer is not a requirement for bankruptcy filers.  It is your right to prepare and file your own bankruptcy case.  Experienced bankruptcy attorneys can offer valuable guidance as you go through your case, but hiring one is not a requirement for filing.  So if, after doing your research, you find that you’re understanding bankruptcy, then the Chapter 7 Bankruptcy Online Course may be all the assistance you need to confidently prepare your bankruptcy case!

How Quickly Can I File Bankruptcy Online?

In 2017, consumer debt topped $12 trillion nationwide.  Aggressive creditor action, including often questionable tactics, as well as the high cost of legal fees make it difficult for many people to get out of debt and experience a financial fresh start. The good news is that the bankruptcy laws are designed to help debtors file for relief and experience a financial fresh start once they receive their bankruptcy discharge. If you’re overwhelmed by debt and thinking about filing bankruptcy, you may be wondering how quickly you can file bankruptcy online.  The answer is that it’s really dependent on you.  Bankruptcy cases are filed in bankruptcy courts, which fall under the federal court structure.  These courts use a system known as PACER, which was previously limited to just attorneys and court personnel for electronic filing.  Many, if not most,  bankruptcy courts have now extended access for indviduals to do their online bankruptcy filing.  This eliminates the need for an individual to mail their documents to the court, or to have to go to court and file them in person.

If you’re looking to file your bankruptcy case quickly, then the Chapter 7 Bankruptcy Online Course may be perfect for you!  All of the lessons are accessible online, so you can prepare your bankruptcy paperwork as you watch the videos lessons.

How Much Debt Do You Have to Have to File Chapter 7 Bankruptcy Online?

There are many misconceptions that surround the issue of bankruptcy and the bankruptcy process, leaving many to wonder how much debt you have to have before you should even consider filing for bankruptcy in the first place.  Fortunately, there is no minimum amount of debt to file chapter 7 bankruptcy.  Nor is there a maximum cap on debt to file for chapter 7 bankruptcy relief.  Whether you have $1,000 in debt or $1,000,000 in debt, you can file chapter 7 bankruptcy.

Do You Get Out of All Debts If You File Bankruptcy Online?

If you’re one of the many people struggling with overwhelming debt, you may feel like bankruptcy is the absolute final option. Whether bankruptcy should be considered an absolute final option or not, bankruptcy helps you get out from under debt and experience a financial fresh start.  One question that looms large for people deciding to file bankruptcy is whether filing bankruptcy gets you out of any and all debts.  In short, while most common consumer debts (such as credit card debt, unsecured loans, and medical debt) do get discharged in bankruptcy, there are certain debts that, by law, do not get discharged.  These are a limited number of types of debt.  Generally, they include domestic support obligations (such as child support or spousal maintenance), certain tax debt, and most student loans.

How Can You Get Access to the Chapter 7 Bankruptcy Online Course?

If you’re ready to get your financial fresh start, then the Chapter 7 Bankruptcy Online Course can help you prepare your case quickly while saving you thousands of dollars in legal fees.  The course walks you through preparing a chapter 7 bankruptcy case, form by form, so you can be aware of any potential pitfalls in filing your case.  Additionally, when you get access to the Chapter 7 Bankruptcy Online Course, you’ll also get access to helpful information including preparing for the 341 Meeting of Creditors.

It’s time to say goodbye to debt, and start your journey with a financial fresh start!  You can get access to the Chapter 7 Bankruptcy Online Course by clicking here.

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