How to File Bankruptcy in the Columbus Georgia area, including no cost bankruptcies
Bankruptcy case in Columbus, GA starts with the filing of a petition in the bankruptcy court. A bankruptcy lawyer usually files the petition. The filing of the petition establishes a bankruptcy estate, which typically consists of all the assets of the person seeking bankruptcy protection. A separate taxable entity is created if the bankruptcy petition is filed by an individual under chapter 7 or chapter 11 of the US Bankruptcy Code.
The bankruptcy petition is the document which starts the bankruptcy process. The petition may be a voluntary petition, that is filed by the debtor, or it can be an involuntary petition, which is filed by creditors that fulfill certain requirements. The voluntary petition must be as provided in Form 1 of the Official Forms prescribed by the Judicial conference of the United States. The Official Forms can be purchased at legal stationary stores.
The documentation required at the time of filing for bankruptcy in Columbus, GA has increased. For instance, the debtor must provide additional information that details all income and expenses. When the expenses exceed the IRS allowance, a special circumstances document should be submitted which reasons the necessity of the extra expense incurred. A statement of accuracy must also be submitted, together with these special circumstance documents.
No Cost Columbus Georgia bankruptcy lawyer | Bankruptcy attorneys in Columbus GA
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