You’re on your way to bankruptcy, but you’re still in the process of paying your mortgage.
You have no money left over to buy a home.
You don’t know if you can pay the bills on time.
What to do?
If you’re having trouble getting the help you need, here’s what you can do.
You can ask the court to let you borrow money on a personal level or ask the bank to issue a credit card to pay your bills.
If you’re facing a personal bankruptcy, you can ask your creditors to pay a portion of your debts.
If your debts are personal, you may have to pay them off individually, which can take up to six months.
If you owe money to a creditor, the court will need to determine what portion of the debt you owe should be repaid.
The court will consider that portion based on the amount of the creditor’s loss.
The amount is known as the “loss percentage.”
For example, if you owe $20,000 in credit card debt and you have a $4,000 loss, you will owe the rest of the money to the credit card company, not you.
You must file a petition for relief within six months of the filing of your bankruptcy petition, unless you already have a petition.
This means that the court can’t allow you to postpone the filing until after you’ve exhausted all options to file a bankruptcy petition.
If the court allows you to delay the filing, the time for you to file the petition will depend on the court’s schedule.
If the court gives you six months to file, you’ll likely have more time to file and pay off the debts.
The court will have three options:To allow you a longer delay in filing a petition, the creditor may ask for a delay of up to three months in the filing process.
This delay is called a “preemption.”
You’ll have until April 30 to file your petition.
The creditor will need time to determine the loss percentage of the debts you owe.
This will include information such as the amount you owe, the amount owed by the person who owes the debt, and the amount by which the creditor can recoup the difference between the loss you paid and the difference you want to recoup.
The person who owed the debt will need three months to determine if he or she has a claim against you.
If so, the person must file an amended petition within two months of filing your petition, and then pay the amount back to the creditor.
The creditor may then pay you the difference.
The debtor must pay back the difference by April 30, and if the court grants a postponement of the debtor’s petition, you must pay the difference in full on the date of the postponement.
The credit card companies are required to pay back an amount equal to 50% of the amount the debtor owes, whichever is greater.
The debtor must file another petition for the payment of the other amount within 60 days of filing the original petition.
You may be able to obtain a court order that gives you permission to pay debts in full, but the court may deny your request.
You must pay all or part of the total amount of your outstanding debts within five years of the date the order was granted.
You can apply to the court for a temporary restraining order or a preliminary injunction to stop the debtor from paying the creditor more than the amount they owe.
You may also seek to halt the debtor in bankruptcy, or to stop a creditor from using your name or credit card number in any manner that could cause financial harm.
The filing of a bankruptcy discharge petition may be difficult.
If it’s not approved by the court, the debtor may have the option of going before the court again for another bankruptcy petition or proceeding.
In order to get the court interested in your case, you need to convince the court that the debtor has made reasonable efforts to repay their debts.
Your chances of winning depend on several factors, including the length of time you’ve been paying the debt and the level of debt you have.