Bankruptcy can be a confusing and stressful process without help. If you are considering filing for bankruptcy in the state of Georgia, the skilled Cumming bankruptcy attorney at Marcus A. Rosin, P.C. is here to help. We have helped countless individuals file for Chapter 7 and Chapter 13 bankruptcy, and can help you understand what the process involves.
For a free, no-obligation initial consultation, call (678) 208-0339.
The process for filing for Chapter 7 or Chapter 13 bankruptcy is generally the same. Your attorney can help you determine which option is best for your specific situation. You will need to file a petition to start the process, but before that there are a few important things to take care of.
This petition will include information disclosing your debts, assets, income, expenses, and additional financial information. Once the petition is filed, an automatic stay takes effect. At this point, creditors cannot take any action to collect debts from you. They may attempt to lift the stay, but until then they have no grounds to push for collection.
A creditors meeting (341 meeting) will be scheduled for 4 to 6 weeks after filing the bankruptcy petition. You and your attorney will meet with a Bankruptcy Trustee who will ask a few easy questions. Sometimes creditors attend these meetings, but most find them a waste of time and allow things to proceed without interference. After this meeting, you will be required to complete a debtor education course, after which you should be granted a discharge—barring unusual circumstances.
By working with our knowledgeable Cumming bankruptcy attorney, your filing process should proceed without any problems. After reviewing your situation, we can inform you of anything that may interfere with your bankruptcy claim. Though many people find the thought of filing for bankruptcy very stressful, we have found that once they have talked out the situation with a legal professional they feel more confident moving forward.
For more in-depth information on bankruptcy, visit the following pages:
Learn more about bankruptcy by speaking directly with our team. Contact us online or call (678) 208-0339.