Creditors can go to any lengths to get their money back. This may include threatening phone calls, foreclosure, repossession, wage garnishment, collection lawsuit, etc. If you are on the verge of getting evicted or any similar situation, bankruptcy can come in handy. When you file for bankruptcy in court, the automatic stay provision protects you from all collection actions by creditors. However, bankruptcy filing requires you to fill several forms. This requires time, which you don’t have. Dallas based bankruptcy law firm https://bankruptcy.recoverylawgroup.com/, suggest an alternative. You can opt for an emergency bankruptcy filing, also known as skeleton filing, where you need a few documents. This will result in an automatic stay, while you can submit remaining documents within the next 14 days. Call 888-297-6023 to know more about the procedure from expert bankruptcy lawyers.
When would you need emergency bankruptcy filing?
A bankruptcy petition comprises of numerous forms and details regarding your income, assets, your creditors, etc. However, when faced with immediate foreclosure or repossession action, there might not be time enough to get everything in order. You can, however, file bankruptcy forms online quickly using the emergency bankruptcy filing. You can access the online filing system anytime and start the online bankruptcy process by uploading some of the required forms. These include your bankruptcy petition specifying the chapter you are filing under and other relevant information like the creditor mailing list; mandatory credit counseling certificate or a request for its waiver and form B121 providing information about your Social Security number. You also need to pay a filing fee or submit a request for its waiver or request paying the fee in installments. You will need to submit all additional documents within 14 days of online filing of your skeleton bankruptcy case or it will be dismissed.
Emergency bankruptcy filing steps
Emergency bankruptcy filing involves the following steps:
- You must check with the court clerk or the official website to find out which forms are required for an emergency
- You need to fill the voluntary petition for individuals filing for bankruptcy.
- Ensure that you include the names and addresses of all your creditors, collection agencies, attorneys, sheriffs and any other person who can collect a debt from you.
- Fill form B121 providing information about your Social Security number.
- Complete all forms required by the court. This can vary in every jurisdiction.
- File the original form along with the necessary number of copies with the court clerk. This should be accompanied by the bankruptcy filing fee, request for paying the fee in installments or a fee waiver application, along with a self-addressed envelope. Always ensure that you have a copy of every document for your records.
- File all remaining bankruptcy forms within 14 days to avoid dismissal of the case.