Pre-Chapter 7 Bankruptcy Filing Information
If you are considering for Chapter 7 bankruptcy there are a few items that you should familiarize yourself with. To begin, you will be asked to fill out certain paperwork associated with Chapter 7 filings and sign a petition. This petition will be drafted by your lawyer once you have gathered all of the appropriate and required paperwork associated with your bankruptcy.
The purpose of the petition is to verify that all of the information that was given to your lawyer and outlined in the petition is correct. When you sign this official document your lawyer will then have it filed in the court system.
You could then be required to attend a "341 hearing" with your attorney, creditors, and a trustee appointed by the court. While this is not required of everyone, you should be prepared for it regardless. It usually takes about five minutes or so.
Filing for Chapter 7 bankruptcy can leave you filled with anxiety. Alleviate some of this worry by hiring a Houston bankruptcy attorney that has a track record of success in your area. Contact the Malaise Law Firm now!