If you have questions about filing for bankruptcy, we recommend consulting with an affordable licensed bankruptcy expert in Poughkeepsie.
A bankruptcy case is commenced by the filing of a petition. You must also file a statement of your assets and liabilities, and schedules listing your creditors. If you choose to file a bankruptcy petition without the assistance of an attorney, you can obtain the required forms at http://www.uscourts.gov/bkforms/.
There is a range of filing fees for Poughkeepsie bankruptcy cases, depending on the chapter (7,11,13) of the bankruptcy code under which you file. For information on the different chapters of the bankruptcy code (Chapter 7, Chapter 11, Chapter 13), please visit the Federal Judiciary's section on Bankruptcy Basics.
Bankruptcy cases cannot be filed in state court. Bankruptcy cases are handled only on a federal level through one of the U.S. Bankruptcy Courts. For further information about bankruptcies, or a bankruptcy case contact Poughkeepsie's Best Bankruptcy Lawyers.
It may sound obvious, but picking a lawyer who you aren't comfortable with, even if the attorney is well qualified and competitive on price, is a recipe for disaster. Too often, people overlook the interpersonal factors that govern the lawyer/client relationship
Technically, any attorney can handle a bankruptcy, but in practice, only those who handle such cases on a regular basis are worth using,
Let Us Help you File your Bankruptcy. Call our Bankruptcy Experts Now
It starts with compiling all your financial records – debts, assets, income, expenses – and listing them. This not only gives you a better understanding of your situation, but also gives anyone helping you (and eventually the court) a better understanding.
The next step is to receive credit counseling within 180 days before filing your case. This is required step. You must obtain counseling from an approved provider listed on the United States Courts website. Most counseling agencies offer this service online or over the phone.
The courts want you to do this to make sure you have exhausted all possibilities of finding a different way to handle your problem. It’s important to understand that credit counseling is required. You will receive a certificate of completion from the course and this must be part of the paperwork when you declare bankruptcy, or your filing will be rejected.
Next, you file the petition for bankruptcy. If you haven’t done so at this point, this might be where you realize you need a bankruptcy lawyer. Legal counsel is not a requirement for individuals filing for either Chapter 7 or Chapter 13 bankruptcy, but you are taking a serious risk if you choose to represent yourself.
For one thing, you may not understand federal or state bankruptcy laws or be aware which laws apply to your case, especially regarding what debts can or can’t be discharged. Judges are not permitted to offer advice and neither are the court employees involved in a case.
There also are many forms to complete and some important differences between Chapter 7 and Chapter 13 that you should be aware of when making decisions. Finally, if you don’t know and follow the proper procedures and rules in court, it could affect the outcome of your case.
When your petition is accepted, your case is assigned to a court trustee, who sets up a meeting with your creditors. You must attend the meeting, but the creditors do not have to be there. This is an opportunity for them to ask you or the court trustee questions about your case.
Talk to the Best Bankruptcy Attorneys Poughkeesie has to offer!
Call us to speak with a Top Poughkeepsie Bankruptcy Lawyer who can discuss with you the Fees and Costs of Filing Bankruptcy in Poughkeepsie.