How do you file bankruptcy?

I am in debt over ,000. I really don’t know what else to do. I don’t have and can’t find a good job, etc.
Anyway, I need to file bankruptcy. I believe it is Chapter 7, where you just get rid of all your bills.
How do you do it?
How hard is it to build your credit back up?
What are some things you can’t get rid of?
How much does it cost?
Any other details you may have?
How long does it take?

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Posted July 15th, 2010 in When To File Bankruptcy. Tagged: , , .

2 comments:

  1. blather:

    It’s a lot of work but doable. go to…
    http://www.bkforum.com/forums.php

    They will help you get through it.

    I have been thanked for this answer.

  2. Vincenzo A:

    Traditionally creditors initiate bankruptcy proceedings. There is no specific amount involved. It depends on how keen creditors are to pursue the matter and the sums can be quite small. However you may find it better to go for voluntary liquidation with the consent of your creditors.

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