BANCARROTA $19.99  CAPITULO 7 ó  CAPITULO 13
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NOWBK, LLC.  100 NORTH BRAND BOULEVARD, SUITE 200, GLENDALE, CALIFORNIA 91203

PHONE    844-724-2255            CENTRAL@NOWBK.COM  

MONDAY THRU FRIDAY 8AM TO 7PM PST               SATURDAY 8AM TO 12PM PST

 OUR BANKRUPTCY PROGRAM COSTS $19.99 FOR CHAPTER 7 OR $19.99 FOR CHAPTER 13

 BANKRUPTCY IN THREE EASY STEPS

 1)      PURCHASE OUR PROGRAM AND YOU WILL RECEIVE OUR PROGRAM IN YOUR COMPUTER.

2)      COMPLETE THE FORMS IN YOUR COMPUTER AND PRINT THE BANKRUPTCY FORMS FROM YOUR COMPUTER.

3)      GO TO YOUR BANKRUPTCY COURT, PAY THE BANKRUPTCY FEES (CHAPTER 7 $335.00 OR CHAPTER 13 $310.00) AND FILE YOUR BANKRUPTCY PETITION. NOTIFY YOUR CREDITORS OF YOUR BANKRUPTCY FILING.


Chapter 7 bankruptcy


Chapter 7 is a specific type of bankruptcy filing that is often referred to as an "asset liquidation” bankruptcy.  This means that non-exempt assets can be sold (liquidated) and the proceeds distributed to creditors through a Chapter 7 Bankruptcy Trustee.  After the liquidation of assets, remaining debts are discharged, and the person begins rebuilding their credit (which can happen rather quickly, sometimes in as little as six (6) months after you receive a discharge).  While the idea of asset liquidation may sound scary, in fact most who file bankruptcy their state exemptions may enable them to keep all of their assets because the assets are considered exempt from liquidation.  Due to certain state's relatively generous set of bankruptcy exemptions, it is likely that most of your possessions will be exempt from liquidation under a Chapter 7 bankruptcy.  Not everyone, however, is eligible to file for Chapter 7 bankruptcy.  In order to be eligible for a Chapter 7 bankruptcy, a petitioner must satisfy the “Means Test.”   The Means Test is a calculation to determine whether or not you have the "means" to repay anything to your creditors.  Debtors whose income falls below the median income (see the median income table per state at the end of our page) for a household their size are generally considered not to have the means to repay their creditors and therefore qualify to file a Chapter 7 bankruptcy.  However, depending on individual financial situations, debtors whose incomes exceed the median income may still qualify for a Chapter 7 bankruptcy.

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NowBK LLC, 100 North Brand Boulevard, Suite 200, Glendale, California 91203