Bankruptcy Petition

July 29th, 2011 | Author: | Bankruptcy

At some point in every person’s life, he or she will face some form of financial difficulty or instability. In the wake of the recent recession, over 1.5 million people and businesses filed for bankruptcy in the year 2010. With unemployment hovering just above nine percent, many people are having difficulty making monthly payments on credit card bills, car payments, student loans, or mortgages. You are not alone during this difficult time.

If you are suffering from financial difficulty, you could file for bankruptcy to eliminate debts and get a fresh financial start. To make sure you file for bankruptcy correctly and legally, contact an experienced bankruptcy attorney today.

Filing a Bankruptcy Petition

One of the first steps in the bankruptcy process is filing a bankruptcy petition. When you file a bankruptcy petition, you have to include the following information:

  • Name and address
  • All credit card debts
  • Any loan debts such as student loans or car loans
  • Any other debt
  • Bankruptcy timeline
  • Signature

A bankruptcy petition can be filed one of two different ways. Whether you file with an attorney or by yourself, you can file a “voluntary” petition. The second way of filing is called an “involuntary petition” and occurs whenever your creditor files the petition.

Contact Us

At the Harmon Law Office, LLC, we are dedicated to helping you get out of debt and on with your life. Contact an experienced Arizona bankruptcy attorney today at 480-829-0494 and schedule a free consultation with a qualified legal representative. We will sit down and discuss your legal options.



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