Are there any local bankruptcy resources or support groups available in my community? How can I prepare myself emotionally and mentally for the bankruptcy process?

The trustee can assume the car lease (keep it alive to benefit your creditors) or reject it (terminate it). Generally, a lawsuit commenced before the bankruptcy case was filed must stop unless the bankruptcy judge gives permission for it to continue. Nov 16, 2021 ... When a company files for bankruptcy protection, chances are its shares will lose most—if not all—of their value, and that the company will be ... Bankruptcy and Custodial Parents. If you are a custodial parent currently receiving child support and the noncustodial parent has filed for bankruptcy, you may ... This sheet gives you some general information about what happens in a bankruptcy case. ... If you have already filed bankruptcy under chapter 7, you may be able ... Nov 28, 2023 ... If you file a Chapter 7, the automatic stay prevents your car from being repossessed. However, this temporary measure lasts only as long as the ... Generally speaking, a tenant has 120 days after a bankruptcy filing to decide whether to assume or reject its real property leases. When you file for bankruptcy protection, a discharge from the court will relieve you of your obligation to repay your creditors for certain debts. As noted, ... You can file bankruptcy even if there is equity in your home. If you owe more money to your creditors than the value of what you own you are considered ... Similarly, a refund due for a period after filing bankruptcy may only be offset to debt from a period after the bankruptcy filing. When debtors are jointly ...