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The first step in filing bankruptcy is collecting all of your personal financial information. This will include a list of all your secured and unsecured debts (you might find ordering your credit report helpful), tax returns for the last two years, deeds to any real estate you own, car titles, and any other loan documents you may have.

Most individuals will choose between filing a "Chapter 7" bankruptcy and a "Chapter 13" bankruptcy. You will benefit from consulting with a bankruptcy lawyer, when determining which form of bankruptcy you should pursue. When you are looking for a bankruptcy lawyer, you will typically benefit from hiring a lawyer who handles a lot of bankruptcy cases, and has good systems in place for processing bankruptcy forms and filings. If you are able, you may wish to seek a referral to a bankruptcy attorney from a lawyer you know and trust. If not, this is a category of lawyer that is often easiest to find through your local Yellow Pages.

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16y ago

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Did suze orman file personal bankruptcy?

no


How do you file for personal bankruptcy?

Seek advice from a professional. Your local bankruptcy attorney is there to help you.


Can you file personal bankruptcy and get a law license?

Yes


Is the debt from a personal lawsuit removed when you file for bankruptcy?

no


What is personal Bankruptcy?

It is when an indivdual (or married couple) file for bankruptcy rather than a business or corporation.


If you have a personal bank loan can you still file for bankruptcy?

Of course.


In order to file bankruptcy must you have a bankruptcy attorney?

If you are filing for personal bankruptcy it is not necessary to have a lawyer. If you are filing for business bankruptcy, you must retain a lawyer on your behalf.


If you file for personal bankruptcy can you still be the CEO of a publicly traded company?

Sure


You owe your sister money can you file bankruptcy on that loan?

If you file bankruptcy, you file bankruptcy on everything. You can not file bankruptcy on one loan.


Can you file bankruptcy for personal and the in a couple of years file for medical?

Yes, you can file for personal bankruptcy and then later file for medical bankruptcy, as these are not mutually exclusive. However, it's important to note that the type of bankruptcy you choose (e.g., Chapter 7 or Chapter 13) can impact your eligibility and the process for subsequent filings. Consulting with a bankruptcy attorney can help clarify your specific situation and guide you through the process. Additionally, you should be aware of the waiting periods and legal implications of multiple filings.


Can they take your furniture or other personal property if you file bankruptcy?

yes, but if you are, than RUN!


Can you file a chapter 7 bankruptcy if a lender files a personal judgment for deficiency?

Yes