After coming to the end of their financial rope, many debtors facing foreclosure , vehicle repossession and wage garnishments , turn to a bankruptcy attorney in the hope that they can file a "fast" bankruptcy to stop creditors from seizing their assets. Bankruptcy attorneys will often file what is commonly known as an " emergency bankruptcy " with the bare minimal amount of information but just enough to put in place the automatic stay and stop creditors from seizing their assets of their clients. But many debtors who file an emergency bankruptcy do things that could jeopardize their bankruptcy case and put them deeper into financial trouble.
Below are a few things you should do to avoid jeopardizing your emergency bankruptcy filing:
- When filing an emergency bankruptcy, make sure that you give the bankruptcy attorney all of the information he/she asks for and do not submit inaccurate information. While you may be in a rush to complete your emergency bankruptcy paperwork, filing blatantly false information could put your at risk for a dismissal of your case.
- Make sure you attend the required credit counseling class before you file the emergency bankruptcy. Even if the repo men our outside your door and your house if slated for foreclosure tomorrow, you must take the credit counseling class BEFORE you file an emergency bankruptcy or your case will be dismissed.
- After your emergency bankruptcy is filed, the bankruptcy attorney is expected to submit completed paperwork within 14 days after the filing. That means the debtor must gather all of the necessary information requested by the bankruptcy attorney and get it to him/her as soon as possible. The sooner the debtor submits this information to the bankruptcy attorney the better. If the bankruptcy attorney fails to submit the completed paperwork by the deadline prescribed by the bankruptcy court, your bankruptcy case will be dismissed.