THE BANKRUPTCY PROCESS

Our guidance can assist you make the process much smoother and stress-free than expected.  Many  people who are struggling with debt are reluctant to file for  bankruptcy because they are fearful of the bankruptcy process.
 

                       Below is a general outline of what you may expect from the bankruptcy process.  

1. During the  first step, your bankruptcy lawyer will compile information about your  debt and overall financial situation, in order to determine which debt  relief option is right for you.
   
    
2.  We will give you the necessary forms you need to fill out with your financial information.
   
    
3.  We will  gather all of the information we need and make sure all of your  documentation is in order so you can sign your bankruptcy documents.
   
    
4. We will file your bankruptcy petition with the court.
   
    
5. The court  will schedule a meeting of creditors. I will attend this hearing with  you. At this meeting your bankruptcy trustee will ask you questions  about your assets and debt. Your creditors are also invited to  participate, but seldom do.
   
    
6. If you file  for Chapter 7 bankruptcy, debt is typically discharged within two months  of the meeting of creditors. If you file for Chapter 13 bankruptcy, we  will propose a payment plan to the court, in which your debts will be  consolidated and you will have between three and five years to pay them  off. 

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