Contact an Albuquerque bankruptcy lawyer of Total Bankruptcy to find out if you may qualify for Chapter 7 protection.
If you think you may qualify for Chapter 7 protection, call an Albuquerque bankruptcy lawyer to discuss your options. You may need the help of an experienced Albuquerque bankruptcy lawyer to determine if you qualify and then to help you navigate through the court. In addition, you may have to give your Albuquerque bankruptcy lawyer a listing of all your creditors, the amount and nature of their claims, amount and frequency of your income, a list of all your property and a detailed list of your living expenses.
|
Albuquerque
10749 Prospect NE Suite E Albuquerque, NM 87112 Map | Directions | Case Evaluation |
||
|
||
» Back to Locations Map |
||
After your Albuquerque bankruptcy lawyer files your petition, under Chapter 7, you may receive an "Automatic Stay" order from the court. Your creditors should receive notice of the filing from the court. As long as the "stay" is in effect, your creditors can not intimidate you or continue any lawsuits against you or garnish your wages.
To make sure that you hire a New Mexico attorney that has the experience and capabilities that need, call us at 1-877-349-1309 for a qualified sponsoring attorney.
You may not have an absolute right to a discharge.
Under Chapter 7, debtors may not have an absolute right to a discharge. Your creditors may receive a notice shortly after the case is filed that gives them a deadline for making objections. The filing of a complaint is known as an "adversary proceeding". A Chapter 7 discharge may be denied for certain specific reasons including the transfer or concealment of property with intent to defraud, destruction or concealment of records, perjury, failure to account for the loss of assets, or a violation of a court order.
A "meeting of creditors" is usually held 20 to 40 days after your petition is filed. You must attend this meeting, at which your creditors may appear and ask questions about your finances and property. It may be important that you cooperate and provide any additional financial records or documents requested. Provided everything goes as scheduled, the court usually may grant the discharge under Chapter 7 in about four months after the date the petition was filed with the clerk.
Get the protection you deserve under U.S. law
The U.S. Bankruptcy Code delivers protection to people in financial jeopardy who are suffering under mountains of debt. Bankruptcy is your legal right. And today, millions of people are exercising that right. The laws were created by Congress to provide relief to those who have been victimized by divorce, job loss, identity theft, staggering medical bills or disability. Did you know that 90% of all debt consolidation cases are a result of job loss, uninsured medical bills or divorce. A combination of unfortunate events contributes to considerable monetary problems.
Call 1-877-349-1309 or fill out our secure online evaluation to speak to a sponsoring attorney
Click Here For a Free Bankruptcy Evaluation
The purpose of this web site is to help you learn everything you need to know about bankruptcy, the process, your bankruptcy attorney and your legal rights. The best place to start is with the U.S. Bankruptcy Code. It delivers protection to people in financial jeopardy who are suffering under mountains of debt. Bankruptcy is your legal right.