Best Nashua, NH Bankruptcy Lawyers

Nashua, NH Bankruptcy FAQs

• Where do I file for bankruptcy in Nashua, New Hampshire?

  For non-emergency concerns, dial (603) 594-3500 to reach the Nashua Police Department.

• Where can I get bankruptcy forms in Nashua, New Hampshire?

  You can go to the Nashua Police Department Records Division, to request a copy of a police report. It is recommended that you call the Records Division at (603) 594-3500 ahead of your visit to make sure the report you need is available for release. The police department is located at 28 Officer James Roche Drive Nashua, NH 03062.

• Do you have to go to court for your bankruptcy in Nashua?

  No, in most cases. You only need to go to the 341 meeting. The hearing allows the bankruptcy trustee to ask questions and verify the information on your petition. If the creditor files an adversary action, you will have to appear in court before a judge. Your Nashua bankruptcy attorney can assist you in preparing for the 341 meeting and hearing.

• How common is bankruptcy filing in Nashua?

  Hillsborough County, which includes Nashua, had 206 bankruptcy filings in 2022. The county received 263 bankruptcy petitions in 2021. Hillsborough has the highest statistics of any New Hampshire county. The most common type of bankruptcy filing is Chapter 7, followed by Chapter 13. Meanwhile, only one Chapter 11 or 12 bankruptcy petition has been filed in the last two years.

• Is there a debt limit for Chapter 13 or 7 bankruptcy in Nashua?

  To be eligible for Chapter 13 bankruptcy, your total unsecured and secured debts should not exceed $2,750,000. This should be your total debt on the day you intend to file for bankruptcy. According to United States Code Title 11 Section 109, this threshold is in effect from June 21, 2022 to June 20, 2024. In Nashua, however, there is no debt limit for Chapter 7 bankruptcy, but you must pass the Means Test.

• Can you file for bankruptcy again in Nashua?

  Yes, as long as you meet the waiting period. If you discharged your debts through Chapter 7, you must wait eight years before filing another Chapter 7, and six years before filing a Chapter 12 or 13. Meanwhile, if you received a debt discharge under Chapter 13, you can file for another Chapter 13 in two years or a Chapter 7 in four years. The waiting period begins on the date you filed your previous bankruptcy in Nashua.

• Will you lose your car or house if you file for Chapter 7 bankruptcy in Nashua?

  It depends. If you are up to date with your car and mortgage payments, you can keep these properties and continue making the payments. But if you are already overdue on your payments, a Chapter 7 can’t prohibit the creditor from taking the car or house. If you are behind on payments but still want to keep these assets, consider filing for Chapter 13 in Nashua instead.