Crumpled question marks heap

Bankruptcy is used by millions of consumers to help them regain financial
control. As a significant financial tool it has been used to help
stop repossession,
foreclosure, and wage garnishment. You can obtain the fresh start you need or get
help repaying obligations based on what you can afford without paying
interest. It is common to have questions about the process as complications
may arise that would benefit from legal guidance.

The following questions are areas that many debtors have concerns about
that should be reviewed before filing a petition:

  • Should I file
    bankruptcy on my own? Why is it recommended to file with a bankruptcy attorney?
  • What are different types of bankruptcy cases filed? (Chapter 7, 11, or
    13) How do I determine which case is best for my situation?
  • If bankruptcy is filed will I lose all of my assets? How are debtors able
    to keep their assets when they file for protection?
  • What happens when bankruptcy is filed? What happens after the process has
    started and how long will the proceedings last?
  • What happens if I am behind on payment obligations such as my mortgage
    or car loan? How does bankruptcy help people keep their house and vehicle?
  • How much does it cost to file bankruptcy? What are my options if I can’t
    afford the filing fees?
  • What do I need to do before I can begin the filing process? (Credit counseling
    and debt management courses) What information does the court need from
    me besides completing required paperwork?