The first step in filing for bankruptcy is organizing the information you will need for the bankruptcy process. This includes a list of all of your assets, property, income, expenses and debt. Next, you will need to get credit counseling within six months of filing for bankruptcy. You may consider consulting an Oxnard bankruptcy lawyer, such as an attorney with Brent George Law. While an attorney is not required, legal guidance can help you through the often complex bankruptcy process.
You will require certification that you’ve received counseling by a United States Trustee's Office approved agency in order to move forward with bankruptcy. After completion of credit counseling, you will file paperwork with the court to start the process of filing for bankruptcy. At this time, a trustee will be assigned to your bankruptcy case to facilitate the process.
After you file, your creditors are notified and a meeting is arranged with you, your creditors, and the trustee. At this meeting, you are under oath and must answer any questions that the creditors or trustee have regarding your finances. After this meeting, the court will determine if you qualify for bankruptcy. You must also complete a debtor’s education course and file a form to show you completed the course before the bankruptcy can be discharged. Once all steps are completed, your bankruptcy will be discharged and your case will be closed. While it may seem like an easy process, it can be challenging to navigate bankruptcy filing on your own. Choose an Oxnard bankruptcy lawyer for the peace of mind that your case will be handled efficiently and effectively so you can move towards financial freedom as quickly as possible.