Harris County, GA Bankruptcy

Harris County, GA Bankruptcy

Bankruptcy process in Harris County, GA starts with the filing of a petition with the bankruptcy court. The filing of the petition establishes a bankruptcy estate, that usually consists of all the assets of the person filing the bankruptcy petition. An independent taxable entity is established when the bankruptcy petition is submitted by an individual under chapter 7 or chapter 11 of the Federal Bankruptcy Code.

The bankruptcy petition is the document that initiates the bankruptcy process. A petition can be a voluntary petition, that is filed by the debtor, or it may be an involuntary petition, that is filed by creditors who fulfill certain criteria. The voluntary petition must be as prescribed in Form 1 of the Official Forms prescribed by the Judicial conference of the United States. The Official Forms may be obtained at legal stationary stores.

The documentation required at the time of filing for bankruptcy in Harris County, GA has increased. For instance, you should provide additional information that details all income and expenses. In cases where the expenses are more than the IRS allowance, a special circumstances document has to be submitted which details the necessity of the additional expense incurred. A statement of accuracy should also be submitted, along with these special circumstance documents.

———————
Columbus Georgia bankruptcy lawyer | Bankruptcy attorneys in Columbus GA and Fort Benning – Filing for Chapter 7 Bankruptcy and Chapter 13 Bankruptcy in Columbus GA and Fort Benning

http://www.columbus-ga-bankruptcy.com