Who Can File an Emergency Bankruptcy Petition?

It is not typically in your best interests to file an emergency bankruptcy petition. With that being said, sometimes emergency bankruptcy petitions are necessary, and when you need to file for bankruptcy as soon as possible, you’ll want an experienced emergency bankruptcy lawyer to help you get your petition filed in a timely manner.

Below, we discuss some of the most common reasons for emergency bankruptcy declarations, as well as specific details you should include to expedite the bankruptcy process.

Circumstances for Filing an Emergency Bankruptcy Petition

When you file your bankruptcy petition, the judge will issue an automatic stay on your debts. This means that your creditors will no longer be able to continue attempts to collect your debts.

Emergency bankruptcy petitions are often filed in cases where your wages are about to be garnished, your vehicle is going to be repossessed, your house is going to be sold through foreclosure, or you’re about to be evicted by a landlord.

Items to Include in Your Petition

An emergency bankruptcy petition is also commonly known as a skeleton petition because it includes the bare minimum amount of information that a standard bankruptcy petition would include. The bankruptcy petition itself will include just the first few pages of the court document.

Your attorney will also include a creditor matrix that describes each of your creditors and the debts you owe, if they’re known.

Additionally, it is important to note that you must have completed credit counseling prior to the filing of your emergency bankruptcy petition. You’ll be given a certificate of completion that we’ll include along with your creditor matrix and bankruptcy petition.

Work with a Terre Haute Emergency Bankruptcy Lawyer

If you need help putting together your emergency bankruptcy petition, contact a highly trained bankruptcy lawyer at Rowdy G. Williams Law Firm today. You can schedule your consultation at your earliest convenience by giving our office a call at 1-812-232-7400 or fill out the quick contact form provided below.