As bankruptcy application by the Government

An individual who exceed their liabilities assets has the choice of bankruptcy file by the judiciary of the Federation system. There are three types of commonly requested bankruptcy. Chapter 7 bankruptcy enables the applicant which frees most of its debt. They forced him also, some of its assets to liquidate. Chapter 13 bankruptcy associates the debts of the applicant in one monthly payment. Chapter 13 requires no liquidation of assets. Chapter 11 bankruptcy is used by entrepreneurs to reorganize your debts business.Difficulty: ModerateInstructions1Decide form bankruptcy works best for you. For example, if you all want to keep your things, file Chapter 13 bankruptcy 2Determine the correct location, your query to send. There are 94 federal judicial districts throughout the country. To find the correct district, visit the justice in us (see resources). Enter your zip code and check the box bankruptcy court. The location, physical address and Web site to Web site of your federal court. 3Download bankruptcy petition of bankruptcy of the United States court system website. 4Develop forms provide a list of your assets and liabilities. There must be an exhaustive list, so that the Court of Justice with your creditors to inform your efforts, debt or the request for restructuring the debts depending on the type of bankruptcy you seeking. 5Submit to pay petition bankruptcy and the list of assets and liabilities to the Federal Court can communicate. You must submit a tax with your petition. This fee is the fee bankruptcy disclose schedule on the website of the Federal Court, to which you are submitting the petition.