NOTE!
We are now preparing all documents using the forms mandated by the new Bankruptcy Reform Act of 2005.
For the vast majority of our clients, the new bankruptcy law will bring very few changes.
CLICK HERE for a Brief Checklist Of the New Bankruptcy Law Changes.
Complete Online Chapter 7 Bankruptcy Preparation For Just $124.95
Complete Online Chapter 13 Bankruptcy Preparation For Just $249.95. Chapter 13 filers CLICK HERE for information on filing a chapter 13 in your state.
American Bankruptcy is an affordable
non-lawyer/non-attorney association specializing in the online preparation of personal Chapter 7 Bankruptcy
& personal Chapter 13 Bankruptcy petitions for
financially troubled American individuals and small business proprietors worldwide.
American Bankruptcy
If you have any questions that we haven't answered here in this website regarding the preparation and filing of either a personal Chapter 7 or a personal Chapter 13 bankruptcy petition please:
email us: American
Bankruptcy
Or contact us at: (630)750-2330 Please limit calls to 9 AM to 5 PM CST, M thru F.
We will be here with email support for you throughout the process.
For those clients who are ready to start the process CLICK HERE to access our SECURE online data submission form.
Note! The submission form is a large document (127kb). Be patient. It may take 1 to 2 minutes to open completely.
Note! A drafted copy of your completed personal bankruptcy schedules will be forwarded to you by Internet download in Acrobat Reader (pdf.) format for your examination and approval. You will need Acrobat Reader to open, read, and print out your documents.
Your completed petition, with your creditor mailing matrix, and all necessary forms "live" signed and certified by us will be sent to you by USPS First-Class or Priority Mail, per your choice of our standard or emergency bankruptcy preparation service.
Acrobat Reader is available free to the public.If you don't already have Acrobat Reader installed on your computer,
just click on the Acrobat Reader icon above to download it from the Internet and install it on your computer.
Are you being harassed? ...Facing repossessions or foreclosure?
Use our 24 hour EMERGENCY BANKRUPTCY FILING OPTION to stop them dead in their tracks!
Just check and select the EMERGENCY BANKRUPTCY FILING OPTION in our online bankruptcy information submission form and we will forward your petition ready for you to sign and file with the bankruptcy court by Priority Mail.
Contents
The texts on the following pages are intended as a brief overview
of the bankruptcy process and the effects that filing a personal Chapter 7 or personal Chapter
13 bankruptcy petition can have on your life. They are not intended as
legal advice. American Bankruptcy will electronically prepare and forward your personal bankruptcy
petition(s) directly to you from the specific personal information you forward to us in
our online bankruptcy data submission form.
Thinking about credit counseling/consolidation? Check Out this Subcommittee Report on the credit counseling and debt consolidation business.
For a quick synopsis of the effects that the new bankruptcy law may have on you, CLICK HERE.
We estimate the new law will have very little effect on the vast majority of our clients.
Under the new law, bankruptcy applicants who wish to file under Chapter 7 must meet certain
eligibility requirements under a "means test."
Under the "means test," if your average income for the past 6 months is less than the median income in your state,
you can file for bankruptcy under Chapter 7. But if your average monthly income is above the median
income in your state, and you can afford to pay $100 or more per month toward paying off your debt, you
cannot file under Chapter 7 and must proceed under Chapter 13.
CLICK HERE to check the median income for your state, by family size (Use the "Estimate" column in the state-by-state listings).
For answers to the following list of bankruptcy questions,...read
the text in Related
Information.
What is personal bankruptcy?
Why do people file personal bankruptcy?
What types of personal bankruptcies are there?
Do you lose your property when you file personal bankruptcy?
What are the advantages of personal bankruptcy?
What are the disadvantages of personal bankruptcy?
What are the alternatives to filing personal bankruptcy?
CLICK HERE
to verify what it will cost you for complete preparation of all your personal bankruptcy petition documents ....Complete with telephone numbers and mailing addresses you will need to submit your bankruptcy petition to your local bankruptcy court.
CLICK HERE to access the BANKRUPTCY EXEMPTION TABLES for all U.S. States and Federal Territories. The FREE Acrobat Reader will be required to access the bankruptcy exemption tables. If you haven't installed the FREE Acrobat Reader yet, just click on the Reader icon above and download it now for free.
For those who feel you can prepare your own personal bankruptcy petition, just CLICK HERE to check out our $49.95 easy to use Bankruptcy Preparation Software at our partner site. THIS SOFTWARE PRODUCES ALL THE FORMS NEEDED TO COMPLY WITH THE BANKRUPTCY ACT OF 2005.
This software has been prepared for use by non-professionals and is good in all 50 states.
Celebrating Our 11th Year Online
