Phoenix Emergency Bankruptcy Lawyers
Bankruptcy Firm Offers Emergency Bankruptcy Filings in Phoenix, Arizona
We are not strangers to helping with emergent debt relief actions in Phoenix. Our attorneys have successfully helped hundreds of clients in Maricopa County who have found themselves in an “Emergency” type of financial situation. Thus, by utilizing our debt relief services, we provide a “Fresh Start” to those seeking immediate Arizona debt relief.
FAQs on Emergency Bankruptcy Filings
Emergency bankruptcy filing allows you to file your petition in an expedited process so you can be protected by the Automatic Stay sooner. The court will allow you to file an abbreviated version of your petition as long as you submit the rest of the petition within 2 weeks. This shorter version of your petition is also referred to as a skeleton petition.
If you are facing a wage or bank account garnishment, utility shutoff, home foreclosure, or vehicle repossession, emergency bankruptcy filing may be a good option for you. Wage garnishments on current pay periods will be stopped once your petition is filed. This is because once you file a bankruptcy petition, an automatic stay of protection goes into effect. This stay prevents your creditors from pursuing collection using the methods listed above. The stay remains in effect until your case is discharged or dismissed.
1. Consult with an attorney to see which chapters you qualify for and if there are any obstacles in your case.
2. Sign any representation and fee agreements required by your attorney.
3. Submit your documents and client information packet to your attorney.
4. Take an online credit counseling course.
5. Your attorney will file your skeleton petition for you.
6. Complete your petition within the next 2 weeks.
Bankruptcies are a matter of public record, so anyone can search the bankruptcy filings for your name. No family members or friends will be notified unless they are a cosigner on one of your debts. All of your creditors will be notified of your bankruptcy through a creditor mailing matrix that will be filed along with your petition. Your landlord can be left off of the matrix if you don’t intend on breaking the lease through your bankruptcy. Your employer will only receive notice of your bankruptcy filing if you provide if to stop a wage garnishment.
To file your emergency/skeleton petition, you will only need a few documents. You will need to submit copies of your driver’s license and social security card to your attorney. Other government identification such as a passport can be used in lieu of a driver’s license, and you must submit an original W-2 if you don’t have your social security card. You will also need to provide you and your spouse’s last six months’ pay stubs. Your attorney will likely have a bankruptcy information packet you will need to complete before your petition is filed.
There are a lot of factors that go into the timing of a bankruptcy filing. For example, on the day your petition is filed, your bank account must have a balance of $300 or less for single filers, and $600 or less for married filers. This makes filing on payday, or shortly after payday, difficult, especially for filers that receive direct deposit or married filers that get paid on different days. A bankruptcy attorney will have the knowledge to navigate these rules to make sure you achieve the best possible outcome in your case.
If you are considering filing an emergency bankruptcy, you may be trying to avoid collection efforts that have a strict deadline. Your attorney should have access to file online and should be able to draft a petition much faster than you would be able to on your own. If your attorney offers zero-down bankruptcy, you won’t even have to pay your filing fee before your skeleton petition is filed.