Once you have made the difficult decision to file for bankruptcy, know that you are on your way to a debt-free fresh start. The bankruptcy process may not be easy, but it is worth it and many people find it isn’t as difficult as they anticipated.
Now that you have decided to file for bankruptcy protection you must:
Complete the mandatory Credit Counseling course. Credit Counseling must be completed within 180-days prior to filing for bankruptcy. When you finish the course you will receive a certificate of completion, which must be filed with the Bankruptcy Court.
The course can be completed online and is fairly straightforward, inexpensive, and not too time-consuming.
Gather the necessary documents for your bankruptcy attorney. To properly prepare your bankruptcy petition your attorney will need certain documents.
Review and sign your bankruptcy petition. Prior to filing your bankruptcy petition, you should review it page by page, line by line, to ensure it is thorough and accurate to the best of your knowledge. While oversights or accidental omissions may be amended later it is costly and not guaranteed. Bankruptcy petitions are filed under the penalty of perjury. It is best to file a complete and accurate petition from the start.
Once your bankruptcy case is filed with the Bankruptcy Court you must:
Attend the Meeting of Creditors. This meeting will take place about a month after your case is filed. It does not take place in a courtroom, there is not a judge present, and while your creditors will be notified of the hearing and have the right to attend, they rarely do. The Meeting of Creditors (also known as the 341 Hearing) will be conducted by the bankruptcy trustee assigned to your case.
When you hire us to help you erase debts through bankruptcy, it is our job to make sure you are prepared for the Meeting of Creditors. We will help you through your bankruptcy case from start to finish, and we’ll be sitting by your side at the meeting.
Complete the mandatory Debtor Education course. Debtor Education must be completed after filing for bankruptcy but must be completed prior to receiving your bankruptcy discharge order. It is a mandatory two-hour course in personal financial management. Similarly to the Credit Counseling course, it can be completed online and over the phone and is also fairly straightforward and inexpensive.
Once your bankruptcy case is completed you can:
Live debt-free after bankruptcy. Imagine living without the stress of debt. That is life after bankruptcy. Bankruptcy gives you the opportunity to take control of your finances and make good financial decisions moving forward.
After bankruptcy, you can live your life free from debilitating debt and long-term financial struggles.
Getting out of debt is possible and we can help. At the Law Office of Barbara B. Braziel, we are committed to helping people get out of debt and gain the financial freedom they deserve. We invite you to learn more about who we are here. If you live in Savannah, GA or the surrounding areas and have questions about your debt relief options, let’s meet for a free consultation.
We are a debt relief agency. We help people file for bankruptcy relief under the U.S. Bankruptcy Code. Find out more about Bankruptcy in our guide: All About Bankruptcy.