The Bankruptcy Process
Guidance from Bankruptcy Attorneys in Mesa: (480) 568-2333
Bankruptcy has enabled many debtors across the nation break free from their
debt. At Campbell & Coombs, P.C., we can guide you through the entire
process, step by step, to ensure that your debts are resolved effectively
and in a timely manner. Below is an overview of the process and what you
can expect. If you have questions or if you are interested in learning
more, don’t hesitate to contact us.
Before you file for bankruptcy:
Review your debt and exemptions: An attorney should analyze your debt to help determine your total debts,
exemptions, what can be discharged, and what you can keep.
Determine the right chapter: Not all debtors will be eligible for certain chapters, so it is important
that you have an attorney determine your eligibility and which chapter
will work best to resolve your debt.
When we’ve decided on the right chapter for you, a bankruptcy lawyer
from our team can walk you through the paperwork that outlines all your
debts, income, properties, exemptions, tax returns, etc. We can submit
your paperwork in a timely manner to the court.
After bankruptcy has been filed:
Automatic stay takes effect: This prohibits all creditor collection activities, including foreclosures,
IRS collections, wage garnishments, repossessions, and other actions by
creditors. If a creditor is violating the automatic stay, contact our
Creditor meetings: Your attorney can represent you during meetings with creditors and the
bankruptcy trustee to go over your debt and details in your petition.
Credit counseling or debtor education: You may be ordered to take creditor counseling courses before any debt
is charged. In these courses, you will learn about money management, using
credit responsibly, and other financial education topics, etc.
Discharge (or repayment): When you have completed all the requirements and the necessary time period
has passed, your debt may be discharged. If you are on a repayment plan
and have fulfilled your payment plan, your remaining debt can also discharged.
Call (480) 568-2333 to reach a member of our team.