2.Previous Bankruptcies:Your eligibility might also be affected by previous bankruptcy filings, and certain time restrictions apply. The Process Filing the Petition:The process commences with filing a petition in bankruptcy court. Subsequent steps involve the evaluation of assets, liabilities, income, an...
collects your information from multiple sources. They may receive this information voluntarily from credit card issuers, banks, auto lenders, mortgage lenders or debt collection agencies. They also may gather information that is available to the public, including court records and bankruptcy filings. ...
Famous bankruptcy lawyer:Harvey R. Miller(known for filing and managing bankruptcy proceedings for Lehman Brothers in 2008.) Declaring bankruptcy means that the person or organization can no longer repay its outstanding debts to creditors and is seeking a partial or complete remission/cancelation of t...