Articles
BANKRUPTCY FACT SHEET
Who may file a bankruptcy petition? Any person “unable to pay their debts as they become due” is entitled to the fresh start of a bankruptcy petition. What types of bankruptcy is available? There are two types of b...
CHAPTER 7 BANKRUPTCY TIMELINE
Preparation of Bankruptcy PetitionThe hardest part of a chapter 7 bankruptcy case is the gathering of all the necessary documents for us to prepare your bankruptcy petition. The bankruptcy petition is a comprehensive summary of all of your asse...
BANKRUPTCY VOCABULARY
DATE OF FILING: This is the date your bankruptcy petition is filed. PRE-PETITION DEBTS: Debts incurred before the date of filing are “pre-petition debts and included in your bankruptcy case. Note this is not the date the...
CHAPTER 7 BANKRUPTCY - REAFFIRMING DEBTS
The reason people file bankruptcy is to get rid of legal liability for their debts. In bankruptcy law terminology, this is called a "discharge." The bankruptcy discharge eliminates your legal obligation to pay most debts, but not all.Some d...
