Chapter 7 process is a template which can vary case to case. This is grossly over-simplified, but at least can provide a basic road map to where we're headed.
Means Test for Chapter 7 bankruptcy – Pass This Test Easily What is the bankruptcy means test? The bankruptcy means test is a document about... Read More
Each state has rules about what you can keep in Chapter 7. In Los Angeles County -- where the Antelope Valley is -- these are ruled by the California bankruptcy exemptions.
Statement of Intention is where you put yourself back on the hook to owe a debt that would otherwise be cleared in bankruptcy. But you don't get a free car.
Reaffirmation is where you promise to keep owing debt. The reaffirmation process varies state to state, but generally, the reaffirmation process goes like this.