Frequently Asked Questions
What is bankruptcy?
What can bankruptcy do for me?
What does bankruptcy not do?
What are the different types of bankruptcy available to individuals and/or small businesses?
Who will know about my bankruptcy?
Will my friends and/or relatives know I have filed bankruptcy?
Will my employer know I have filed bankruptcy?
Can I file bankruptcy on some creditors and not on others?
If I file bankruptcy, does my spouse have to file with me?
If I filed bankruptcy before, can I file again?
If I filed bankruptcy before, how long do I have to wait before I am eligible to file another bankruptcy and receive a discharge of my debts?
What happens if I filed bankruptcy before, need to file again and cannot wait until I am eligible to receive a discharge of my debt?
How will bankruptcy affect my co-signer?
Will I have to go to court?
Will bankruptcy wipe out all my debts?
Will I lose all of my property and belongings if I file bankruptcy?
What happens to my home and car if I file bankruptcy?
In most cases, you will not lose your home or car during your bankruptcy case as long as your equity in the property is fully exempt. If your property is not fully exempt, you will be able to keep it if you pay its non-exempt value to creditors in Chapter 13.
If you have a mortgage on your home or owe money on your car and you want to keep them, you will have to continue making payments to the creditors. If you do not want to keep them, you can stop making payments, give the car and/or house back to the creditor and the debt will be discharged in your bankruptcy.
Will bankruptcy affect my credit?
How long will bankruptcy stay on my credit report?
What else should I know?
Are there alternatives to bankruptcy?
Use this form to contact us to arrange for an initial consultation. The first 30 minutes of a bankruptcy consultation is free, additional time or other matters such as student loan issues or wills billed at standard rates. Please provide details as to how we can assist you.