Emergency Bankruptcy Attorney New York City NY - Call (877) 702-1984 FREE Consultation
What is an Emergency Personal Bankruptcy Filing?
People seek an emergency situation personal bankruptcy filing when creditors are threatening to take immediate action to take or sell properties. The emergency situation personal bankruptcy filing stops the financial institution as quickly as you file the primary bankruptcy types.
Emergency Bankruptcy Attorney New York City NY - Call (877) 702-1984 FREE Consultation
An emergency insolvency filing is a bankruptcy case submitted without all the required kinds, usually to stop a collection action that is imminent, such as a foreclosure, repossession or wage garnishment.
The emergency filing sets off protections of the automatic stay, stopping all collections actions, and the filer is given a particular amount of time to send the rest of their insolvency forms to the court. If these due dates are not met, the case will be dismissed by the court, which ends the automated stay security.
Emergency Bankruptcy Attorney New York City NY - Call (877) 702-1984 FREE Consultation
Why Do People File Emergency Bankruptcy Cases?
Lots of people in serious monetary distress Emergency Bankruptcy Attorney New York City NY feel powerless. How would you feel if you were just served with a notice of foreclosure or a wage garnishment notification? Lots of are incapacitated by the stress and anxiety this triggers. After all, these are big business with many lawyers. How are you expected to stop them? Some individuals stick their heads in the sand and do nothing. In some cases, the individual has been working hard on another debt relief service and is shocked when they are served with a claim or foreclosure notice. They thought they had the problem looked after and now this. These are the types of scenarios when emergency bankruptcies are required.
Emergency Bankruptcy Attorney New York City NY - Call (877) 702-1984 FREE Consultation
What's Needed for an Emergency Filing?
Although an emergency situation filing includes only very little kinds being sent to the court as part of the preliminary filing, everyone who looks for insolvency relief must satisfy specific requirements and send particular details to the court.
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*DISCLAIMER*
The information in this video is not intended to provide legal advice or to create an attorney-client relationship; but is intended for general education and information purposes only. Laws change periodically, therefore the information in this video may not be accurate. It is imperative that you seek legal counsel in order to determine your rights and obligations under the law and based upon your specific circumstances.
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