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Unsecured Debt

What Happens If I Get a Job After Filing Chapter 7?

Sawin & Shea

MARCH 27, 2024

This form of bankruptcy differs from Chapter 13, which involves the evaluation of your current income to construct a three-to-five-year debt reorganization plan. After completing your required courses and undergoing the liquidation process, you’ll be able to discharge certain debts.

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Luxurious Lifestyles Can Undermine the Good Faith Requirement for ?Proposed Chapter 11 Plans of Reorganization

ABI

JANUARY 10, 2020

20] The debtors had “over $500,000 in unsecured debt, [but]. only propose[d] to pay $20,000 to the unsecured class.” [21] In In re Osborne , the debtors’ proposed plan retained a Lexus automobile, a vacation home, and a $140,000.00 “rainy day fund.” [19] 19] The year prior to filing, the husband-debtor earned $314,000.00. [20]

Unsecured Creditor

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What Happens If I Get a Job After Filing Chapter 7?

Luxurious Lifestyles Can Undermine the Good Faith Requirement for ?Proposed Chapter 11 Plans of Reorganization

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