The Online Bankruptcy Blog

Most bankruptcy petitions are fairly straightforward. The petitioner presents their case to the court, the trustee reviews all the information and, depending on the Chapter filed under, a discharge of unsecured debts ordered. Once a petitioner’s debts have been discharged, the bankruptcy petition is concluded. The petitioner cannot have the case reopened at all. However, [...]

There is more to applying for Bankruptcy than just filling in the forms.  Individuals must undertake credit counseling from an approved credit counseling agency during the 180 day period prior to filing their petition. The counseling may be in either a group or individual setting and if a debt management plan is developed it must [...]