So what is the bankruptcy filing process?
Well the first thing that typically clients are going to do is they’re going
to schedule a consultation with an attorney and they’re going to review all
the option that’s available choose a chapter either chapter 7 or chapter 13
and then the attorney is going to tell them everything they need to do
typically it’s going to be providing pay stubs last file tax return you have to
complete a pre filing credit counseling course and you have to pay usually a
filing fee or a credit report fee but it just depends on the the chapter and it
also depends on the case it’s very case specific so those items will need to
need to be taken care of before the attorney can then prepare your petition
so once you’ve signed the attorney-client agreement you’ve
provided the pay stubs taxes and you’ve done your credit counseling course we
can prepare your petition provide it to you to review so you’re going to review
it make sure it’s correct make sure all your creditors are there and then as
soon as you let us know everything looks good there’s changes that need to be
made we’re gonna send it to you you can review it you can sign it and then once
that’s done we can file the case once a case is filed you’re going to be looking
at attending court usually in about 30 or 45 days now and I tell all my clients
this bankruptcy court is not like law and order on television bankruptcy court
is actually pretty low-key you’re not in a courtroom you’re not in
front of a judge you are in a conference room and we are with you
so our firm will be with you the whole way there’s nothing that you do by
yourself yeah with that said you still have to
open your mouth and testify sometimes people get confused as to why we’re not
doing the talking but it’s under oath and it’s about your case the good news
is if you go to our website we have actually a whole list of the questions
that they’re gonna probably ask and we tell clients get your meeting of
creditors that’s what it’s called about 30 minutes early watch some of the other
hearings because they’re gonna ask you the exact same questions so it’s really
it’s nothing to stress out about you just go and tell the truth
clients ask us what should I say tell the truth by all means tell the truth
not telling the truth is bad remember everything that you do is under
penalty of perjury so that’s why it is so important that you review paperwork
everything spelled correctly and you know what if you made a mistake if you
forgot something that’s okay we can let the court know so just don’t get nervous
attend the hearing and then after the hearing if it’s a chapter 7 case that’s
typically the only the only other hearing you’re gonna have you’ll just
have to complete a second credit counseling course make sure all
reaffirmation agreements have been signed and then in about 90 days you’re
gonna be discharged you’re done if you’re a chapter 13 case in about 30
days you’re gonna have another hearing called a confirmation hearing but
hopefully your attorney has already reviewed everything with you and you can
get all those objections resolved and you don’t have to attend that hearing
for us most of our clients don’t have to attend because it’s they’ve already
gotten information to us and we can deal with it then and then once your case is
approved you’re just making your payments every
month and life is life is good but the great thing is bankruptcy believe it or
not is very flexible and so when things come up and things always come up
especially it seems like for a chapter 13 clients when things come up we can
deal with them but you have to let let us know so if you lose your job if you
get sick if you get into a car accident you need to let us know and we can
advise you on what needs to be done to deal with that as always if you have any
questions about bankruptcy about the process anything like that related to
bankruptcy we’re always happy to answer any
questions and our information is below