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.
OUR BANKRUPTCY FORMS AUTOMATICALLY FILL IN (AUTO-POPULATE) REPETITIVE FIELDS THROUGH OUT THE 72 PAGES. FOR EXAMPLE, YOUR NAME OR YOUR ADDRESS ARE ONLY ENTERED ONCE. OUR FORMS CALCULATE THE ADDITIONS, SUBTRACTIONS AND MULTIPLICATIONS IN THE ADDITION FIELDS. YOU WILL NOT NEED TO BE CALCULATING ENTRIES.
OUR FORMS HELP COMPLETE THE FOLLOWING THREE PROGRAMS:
1) EMERGENCY (SKELETON) CHAPTER 7 OR EMERGENCY (SKELETON) CHAPTER 13 BANKRUPTCY.
2) CHAPTER 7 BANKRUPTCY
3) CHAPTER 13 BANKRUPTCY
EMERGENCY BANKRUPTCY FOR CHAPTER 7 OR CHAPTER 13 CAN BE COMPLETED WITH OUR FORMS BY ENTERING SEVEN FIELDS (SUCH AS NAME, ADDRESS AND DATE) AND MARK NINETEEN BOXES (YES OR NO OR X). IT WILL TAKE YOU LESS THAN TEN MINUTES TO COMPLETE THE EMERGENCY BANKRUPTCY FORMS. YOU WILL NEED A CREDIT COUNSELING CERTIFICATE FROM A CREDIT COUNSELING COMPANY. AN EMERGENCY BANKRUPTCY FILING IS NECESSARY IF YOU NEED THE PROTECTION OF THE AUTOMATIC STAY RIGHT AWAY, AND CANNOT WAIT TO COMPLETE THE MAJORITY OF THE BANKRUPTCY FORMS. AFTER FILING AN EMERGENCY BANKRUPTCY YOU HAVE 14 DAYS TO FILE THE MISSING FORMS.
YOU MAY NEED TO FILE AN EMERGENCY BANKRUPTCY IN CASES SUCH AS:
a. HOME FORECLOSURE, SHERIFF SALE OR TRUSTEE SALE
b. EVICTION
c. WAGE GARNISHMENT
d. CAR REPOSSESSION
MINIMUM DOCUMENTS FOR EMERGENCY CHAPTER 7
The following documents are the minimum that you must file to start your case:
MINIMUM DOCUMENTS FOR EMERGENCY CHAPTER 13
1) ALL OF THE DOCUMENTS FOR CHAPTER 7 PLUS:
2) YOU MAY ALSO HAVE TO FILE A PAY ORDER THAT PROVIDES FOR ESTIMATED PLAN PAYMENTS TO YOUR CHAPTER 13 TRUSTEE.
WHY SHOULD YOU USE OUR FORMS?
1) OUR FORMS DO NOT REQUIRE ENTERING DATA OVER AGAIN IN EACH OF THE 72 PAGES. OUR FORMS AUTOPOPULATE ALL THE FORMS.
2) IN CASE YOU HIRE THE BEST BANKRUPTCY ATTORNEY, YOU MUST COMPLETE THE INFORMATION IN OUR FORMS, BECAUSE YOUR ATTORNEY DOES NOT KNOW YOUR INFORMATION IN ADVANCE. FOR EXAMPLE THE BANKRUPTCY ATTORNEY DOES NOT KNOW YOUR BIOGRAPHICAL INFORMATION, CREDITORS NAME, CREDITORS ADDRESS, AND CREDITORS ACCOUNT NUMBER.
3) BY COMPLETING OUR FORMS, YOU WILL UNDERSTAND A SIGNIFICANT PART OF YOUR BANKRUPTCY SITUATION AND DEVELOP CRITERIA TO PERHAPS INTERVIEW AND CONSULT SEVERAL BANKRUPTCY ATTORNEYS.
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.
What is Chapter 13 Bankruptcy?
A chapter 13 bankruptcy is a reorganization bankruptcy. Under chapter 13, a debtor is given a period of three to five years to repay their debts and catch up on missed payments. The debtor makes one monthly payment to the bankruptcy trustee, who then distributes payments to the creditors. The monthly payment amount is a complex calculation based upon a debtor's excess income after expenses. Upon the completion of the repayment period (generally between 3 and 5 years), any remaining debt under the plan is discharged.
Reasons Why You Might Select a Chapter 13 Bankruptcy rather than a Chapter 7 Bankruptcy:
· Census Bureau Median Family Income By Family Size
· (Cases Filed On or After May 15, 2015)
· The following table provides median family income data reproduced in a format designed for ease of use in completing Bankruptcy Form 122A-1.
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.
OUR BANKRUPTCY FORMS AUTOMATICALLY FILL IN (AUTO-POPULATE) REPETITIVE FIELDS THROUGH OUT THE 72 PAGES. FOR EXAMPLE, YOUR NAME OR YOUR ADDRESS ARE ONLY ENTERED ONCE. OUR FORMS CALCULATE THE ADDITIONS, SUBTRACTIONS AND MULTIPLICATIONS IN THE ADDITION FIELDS. YOU WILL NOT NEED TO BE CALCULATING ENTRIES.
OUR FORMS HELP COMPLETE THE FOLLOWING THREE PROGRAMS:
1) EMERGENCY (SKELETON) CHAPTER 7 OR EMERGENCY (SKELETON) CHAPTER 13 BANKRUPTCY.
2) CHAPTER 7 BANKRUPTCY
3) CHAPTER 13 BANKRUPTCY
EMERGENCY BANKRUPTCY FOR CHAPTER 7 OR CHAPTER 13 CAN BE COMPLETED WITH OUR FORMS BY ENTERING SEVEN FIELDS (SUCH AS NAME, ADDRESS AND DATE) AND MARK NINETEEN BOXES (YES OR NO OR X). IT WILL TAKE YOU LESS THAN TEN MINUTES TO COMPLETE THE EMERGENCY BANKRUPTCY FORMS. YOU WILL NEED A CREDIT COUNSELING CERTIFICATE FROM A CREDIT COUNSELING COMPANY. AN EMERGENCY BANKRUPTCY FILING IS NECESSARY IF YOU NEED THE PROTECTION OF THE AUTOMATIC STAY RIGHT AWAY, AND CANNOT WAIT TO COMPLETE THE MAJORITY OF THE BANKRUPTCY FORMS. AFTER FILING AN EMERGENCY BANKRUPTCY YOU HAVE 14 DAYS TO FILE THE MISSING FORMS.
YOU MAY NEED TO FILE AN EMERGENCY BANKRUPTCY IN CASES SUCH AS:
a. HOME FORECLOSURE, SHERIFF SALE OR TRUSTEE SALE
b. EVICTION
c. WAGE GARNISHMENT
d. CAR REPOSSESSION
MINIMUM DOCUMENTS FOR EMERGENCY CHAPTER 7
The following documents are the minimum that you must file to start your case:
- The bankruptcy petition (Form 101). This is a three page form.
- Statement of Social Security Number (Form 121). This is a one page form.
- Creditor Mailing List. This is a list of the names and addresses of all your known creditors.
- Initial Statement About An Eviction Judgment Against You (Form 101A). Only if your landlord has obtained a judgment for possession in an eviction, unlawful detainer or similar.
- Certificate of Credit Counseling. Obtain from credit counseling company.
MINIMUM DOCUMENTS FOR EMERGENCY CHAPTER 13
1) ALL OF THE DOCUMENTS FOR CHAPTER 7 PLUS:
2) YOU MAY ALSO HAVE TO FILE A PAY ORDER THAT PROVIDES FOR ESTIMATED PLAN PAYMENTS TO YOUR CHAPTER 13 TRUSTEE.
WHY SHOULD YOU USE OUR FORMS?
1) OUR FORMS DO NOT REQUIRE ENTERING DATA OVER AGAIN IN EACH OF THE 72 PAGES. OUR FORMS AUTOPOPULATE ALL THE FORMS.
2) IN CASE YOU HIRE THE BEST BANKRUPTCY ATTORNEY, YOU MUST COMPLETE THE INFORMATION IN OUR FORMS, BECAUSE YOUR ATTORNEY DOES NOT KNOW YOUR INFORMATION IN ADVANCE. FOR EXAMPLE THE BANKRUPTCY ATTORNEY DOES NOT KNOW YOUR BIOGRAPHICAL INFORMATION, CREDITORS NAME, CREDITORS ADDRESS, AND CREDITORS ACCOUNT NUMBER.
3) BY COMPLETING OUR FORMS, YOU WILL UNDERSTAND A SIGNIFICANT PART OF YOUR BANKRUPTCY SITUATION AND DEVELOP CRITERIA TO PERHAPS INTERVIEW AND CONSULT SEVERAL BANKRUPTCY ATTORNEYS.
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.
What is Chapter 13 Bankruptcy?
A chapter 13 bankruptcy is a reorganization bankruptcy. Under chapter 13, a debtor is given a period of three to five years to repay their debts and catch up on missed payments. The debtor makes one monthly payment to the bankruptcy trustee, who then distributes payments to the creditors. The monthly payment amount is a complex calculation based upon a debtor's excess income after expenses. Upon the completion of the repayment period (generally between 3 and 5 years), any remaining debt under the plan is discharged.
Reasons Why You Might Select a Chapter 13 Bankruptcy rather than a Chapter 7 Bankruptcy:
- You want to repay your debts.
- You do not qualify for a chapter 7 bankruptcy.
- You have valuable non-exempt assets that you want to keep.
- You want time to catch up on missed house or car payments.
- Reside in the United States.
- Have a regular income.
- Unsecured debt less than $360,475.
- Secured debt less than $1,081,400.
- Complete approved credit counseling course.
· Census Bureau Median Family Income By Family Size
· (Cases Filed On or After May 15, 2015)
· The following table provides median family income data reproduced in a format designed for ease of use in completing Bankruptcy Form 122A-1.