Today is Monday, And My House is Going to Be Sold on Wednesday! Can I Still File For Bankruptcy?
By Kevin Gipson, New Orleans Bankruptcy Attorney on Mar 4, 2007 in Automatic Stay, Bankruptcy Practice and Procedure, Benefits of Bankruptcy, Foreclosure Issues, General Bankruptcy Information
While it is not the ideal to wait to the last minute to file for a bankruptcy, it is possible to file for an Emergency Bankruptcy to stop an action to foreclose on a home, stop a wage garnishment or to stop some other action that may cause you financial harm. Filing for bankruptcy gives you an automatic stay and stops creditors from taking further legal action against you.
In order to file an emergency bankruptcy the minimum requirements are the filing of the bankruptcy petition including an Exhibit D, the statement of the debtor(s) Social Security number and mailing matrix of your creditors names and addresses.
The rest of your documents need to be filed within fifteen days or your case can be dismissed.
The biggest hurdle to an emergency bankruptcy filing is the requirement of credit counseling. An experienced consumer bankruptcy attorney can assist you in getting the credit counseling you need in a quick, timely manner.
If you liked that post, then try these...
Automatic Stay: The magic shield may not be automatic anymore. Part II by Rachel Lynn Foley - Kansas City, MO Bankruptcy
Bankruptcy Stay Brings Relief from Collection Actions by Cathy Moran, California bankruptcy lawyer
Is Reaffirmation Of A Mortgage Required? by Eugene S. Melchionne, Connecticut Bankruptcy Attorney
What Are The Creditors Duties Once They Have Been Informed Of A Bankruptcy Filing- Part 3 by Peter Orville, Attorney at Law
Wrongful Motions to Lift Stay Are No Fun in the 9th Circuit by Kent Anderson, Oregon Bankruptcy Attorney
1 Trackback(s)
You must be logged in to post a comment.