I have one response for this type of information, too much internet, and friend miss-research. While it is true that the change in the laws made it more difficult for people to file for relief under Chapter 7, many still qualify.
The quick answer is no, not all of your debts. There are different types of debts. What you must have is enough disposable income to pay 100% to your priority creditors; cure the default 100% percent to secured creditors on property you want to keep and pay...
There are very few individuals, who own nothing and earn next to nothing, that would be OK to file their petition themselves. The Bankruptcy Court website understands this need and provides DIY instructions.
I would advise anyone who is considering a debt payment plan with a credit counseling company to speak with a bankruptcy attorney before they make the decision. I have quite a few clients who tried a payment plan with a credit counseling company and did not have the results they expected.
Do I Qualify? If you can answer yes or N/A to the following questions: Are you currently in an open bankruptcy proceeding? Have you filed all required federal tax returns? Have you made all required estimated tax payments?
We offer non-judgmental conferences. The last thing someone needs when they are asking for help is for someone to judge them. My purpose as a bankruptcy attorney is to solve financially distressed persons unsolved problems innovatively and to make the lives of clients a whole lot easier in or out of court.
When do the HAMP (Home Affordable Modification Program and MHA (Making Home Affordable) programs end? You must submit the initial request before the end of 2016. What happens if you default on a Trial Plan after December 30, 2016?