This forms allow the attorney to gather all necessary information about a debtor. The questionaire includes personal, financial, property, employment and debt information.
Absolutely! Many people still find jobs and secure rentals after filing, as bankruptcy is just a bump in the road, not the end of your journey.
While you can file on your own, having an attorney can really help you navigate the murky waters, ensuring everything goes smoothly.
You may be able to keep certain assets like your home and car, depending on exemptions you qualify for. It’s like getting a second chance while holding onto the essentials.
You can choose between Chapter 7 and Chapter 13 bankruptcy in Austin. Chapter 7 wipes the slate clean, while Chapter 13 allows you to create a repayment plan.
Not forever! While bankruptcy can impact your credit score in the short term, with some time and responsible financial habits, you can rebuild your credit.
Generally, the bankruptcy process can take anywhere from a few months to up to a year, depending on individual circumstances and court schedules.
Folks often file for bankruptcy due to overwhelming debt from medical bills, job loss, or unexpected expenses that just pile up.