Divorce and Bankruptcy FAQs

• Q: How Quickly Will My Creditors Get Notice Of My Bankruptcy?
  A: Within a couple of weeks of the filing of your petition, the bankruptcy court clerk mails your creditors notice of the filing and the imposition of the automatic stay. … More
• Q: Do I Have To Pay My Bills During The Bankruptcy Proceeding?
  A: For the most part, the answer is no. For specific property (usually secured) such as your car loan or your houses mortgage that you plan on keeping you should probably … More
• Q: How Long Does A Bankruptcy Take?
  A: For a typical chapter 7 case, the discharge of your debts usually takes approximately 3­-4 months. In a chapter 13 case, a debtor puts a debt repayment … More
• Q: Do I Have To List All Of My Assets On My Petition?
  A: Yes. Knowingly and fraudulently concealing your assets from the bankruptcy court is a felony and the court has the power to fine you and deny you a discharge. Remember … More
• Q: Will I Lose My Car And My House?
  A: As long as you continue to keep up to date on your payments on the loan that secures the property, there should not be a problem keeping your house or car, even after … More
• Q: Can I Keep Any Of My Existing Credit Card Accounts?
  A: The credit card accounts that you have a zero balance on are not technically creditors and thus are not discharged in bankruptcy. Often these creditors will allow you … More
• Q: Does Bankruptcy Devastate My Credit?
  A: Although the record of filing bankruptcy may technically stay on your credit for up to 10 years, often by making payments on time subsequent to your bankruptcy you can … More
• Q: Can I Be Fired For Filing Bankruptcy?
  A: No, if your employer finds out about your bankruptcy, it is against federal law to discriminate against someone for filing bankruptcy.What is the procedure after I … More
• Q: Can I Run Up My Credit Cards Right Before I File Bankruptcy?
  A: No, running up your credit cards on the eve of bankruptcy in anticipation of filing may cause your debt to be non­dischargeable on the grounds of fraud and you can … More
• Q: Can I File Bankruptcy Without A Lawyer?
  A: Yes, no matter what state you are in, you have the right to file bankruptcy without a lawyer. In fact, a fast growing percentage of people are filing without lawyers. … More
• Q: Is Hiring A Bankruptcy Petition Preparer To Help Me File My Bankruptcy Petition A Smart Move?
  A: It depends on your case. However, the facts are that the vast majority of bankruptcy cases could have been successfully handled without an attorney. However, you must … More