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What Documents Do I Need to File Bankruptcy? Bankruptcy is a document intensive process. You will have to have proof of your finances in exchange for the Court giving you relief from your creditors and ultimately granting you a legal discharge of all your debts. The typical documents you will need are tax returns for the past 2 years, paystubs from…
Foreclosure Auctions Can Be Stopped: Know Your Options Receiving a Foreclosure Notice can be terrifying, but there are options available to keep your home. A bankruptcy case will stop the foreclosure sale, and then give you time to exercise your legal options. How you proceed will depend on your income and other factors. Depending on your goals and your finances, you…
Common Bankruptcy Terms We often get questions from clients about terms they come across in bankruptcy petitions filed on their behalf. While there is a complete list of terms here, we thought it would be helpful to provide you with a list of commonly used terms and their definitions in case you need to decipher some of the legalese you’ve encountered:…
Bankruptcy & Credit Scores Though it may go without saying, filing for bankruptcy is a big decision. And while it can wipe away crippling debts, it can also impact the trajectory of one’s financial future. That said, if you or someone you know is considering filing, you may have questions about what will happen to your credit score post-bankruptcy. I thought…