Deciding to file for bankruptcy can be a very difficult decision, and it is not something that should be taken lightly. But, once you decide to file, you may find yourself wondering where to begin. Read on to learn more about the process and how to file.
What are the First Steps?
When it comes to filing for bankruptcy, it is important to work with an experienced bankruptcy attorney. An attorney will help you determine what type of bankruptcy to file and how to do it. For example, you may file for Chapter 7, Chapter 13, or another option depending on your unique situation.
What is the Filing Process?
The bankruptcy process can be complicated and there are a number of forms you will need in order to get started. You can find copies of the official bankruptcy forms at www.uscourts.gov/forms/bankruptcy-forms. But, depending on your circumstances and where you live, you may be required to fill out additional forms. It is best to work with a local attorney who can make sure you file the right forms and file them correctly. It is important to note that if you are filing for bankruptcy, you will have to do so either in the district in which you’ve lived for the greater part of the 180-day period before filing or in the district where you are domiciled, which essentially means the district in which you maintain your home.
The following is a list of information you may have to include in these forms:
- A list of all of your assets, which includes any real estate holdings and your possessions
- Your monthly living expenses
- An account of all of your income
- A list of all of your debts
Filing for bankruptcy can be stressful, but our firm is here to help. We will walk you through the process and advocate for you every step of the way. If you are interested in beginning the bankruptcy process, reach out to our firm today. There is no time to waste.
CONTACT A BANKRUPTCY LAWYER TO DISCUSS YOUR DEBT OR COLLECTION ISSUE
Michael D. Pinsky, P.C. represents clients in bankruptcy actions and related matters. Please call 845-394-2616 or contact the firm online to schedule a consultation.