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Doing my own RUSH bankruptcy

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    Doing my own RUSH bankruptcy

    Hello,

    Found this board in desperation (as many have).

    I have put filing off for some time, and of course want to beat the FRIDAY deadline (cannot believe the court is closed nation-wide on Monday "to get ready" for the new laws. What? Get ready for FEWER filings since there won't be a 'start over' option in this country?)

    A few questions, if I may?

    1. Do people here recommend that Form7.com software? I have downloaded and printed all forms from the court site and now have a BIG stack of paper that is overwhelming me. I would like to ditch that pile and use an automated program, if the software is considered reliable.

    2. Does anyone know how one would list a judgment in a civil suit? What kind of 'debt' would that be?

    3. Since the civil suit judgment allows for post-judgment interest, and you can't determine what the final amount would be unless it is paid since it run till the date the judgment is paid off, can I put the original judgment amount and add verbage "and post-judgment interest"? Or will it be the judgment creditor's responsibility to come forward at the 341 to state the exact amount. I guess it has to presented in a fashion that allows for discharge of both pre and post judgment interest.

    4. How do I value a valuable piece of jewelry? Do I have to get a formal IRS valuation? I own a paid-for crappy car and nothing else. The only other thing of value is a ring my mother gave me years ago. A diamond. Insurance value at about $11,000. Have tried to sell it; could never get more than $3000 for it. Should I expect that the trustee will force me to sell it to pay some of my debts?

    God, I guess I have to dive in and get this done. The bankruptcy court is 4 hours away in my state (Oregon), and I am sure praying that they allow USPS overnight express mail!

    Thanks!!

    #2
    Form 7 Software works very well for most people. It is mostly self-explanatory...
    List all your debts - including the judgements against you. If you do not know the balance due just put in "unkown"...
    List your jewelry and hope the wild card covers it or is possible the value of it "might interest" the trustee as an asset......

    Your really cutting it down to the wire here, hope your overnight mail is better than ours....

    Good luck, keep us posted.

    Minny
    Minny

    "It's amazing the paths that our feet sometimes follow in life".

    My suggestions are from "personal experience" and research only. Do not consider this as legal advice. Each bankruptcy case is different.

    Comment


      #3
      Thanks Minny.

      Yeah, cutting it to the wire for sure. Not usually my style -- nor is getting too in debt.... oh well. I have a lot of paralegal training - not in bankruptcy but in the other courts, so at least I feel comfortable with accessing a court in general.

      Thanks re the reference to Form7. I just downloaded and paid the registration. Seems a lot of people here have used it. It looks great... easier than staring at a huge stack of paper and trying to dive in.

      I will be back (a la Arnold in that movie...)

      Thank you for being here!!!

      Comment


        #4
        form7 worked great for me

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