Emergency Bankruptcy Attorney Cheektowaga NY - Call (877) 702-1984 FREE Consultation
What is an Emergency Bankruptcy Filing?
People seek an emergency situation personal bankruptcy filing when creditors are threatening to take immediate action to take or offer properties. The emergency personal bankruptcy filing stops the creditor as quickly as you file the primary insolvency forms.
Emergency Bankruptcy Attorney Cheektowaga NY - Call (877) 702-1984 FREE Consultation
An emergency insolvency filing is a personal bankruptcy case filed without all the required types, typically to stop a collection action that is imminent, such as a foreclosure, information repossession or wage garnishment.
The emergency filing sets off defenses of the automated stay, stopping all collections actions, and the filer is offered a particular amount of time to send the rest of their bankruptcy forms to the court. If these deadlines are not met, the case will be dismissed by the court, which ends the automatic stay security.
Emergency Bankruptcy Attorney Cheektowaga NY - Call (877) 702-1984 FREE Consultation
Why Do People File Emergency Bankruptcy Cases?
Lots of people in serious financial distress feel defenseless. How would you feel if you were just served with a notice of foreclosure or a wage garnishment notification? Numerous are disabled by the stress and anxiety this causes. After all, these are big business with many attorneys. How are you expected to stop them? Some individuals stick their heads in the sand and do nothing. Sometimes, the individual has been striving on another debt relief option and is shocked when they are served with a suit or foreclosure notice. They believed they had the problem looked after and now this. These are the types of scenarios when emergency situation personal bankruptcies are needed.
Emergency Bankruptcy Attorney Cheektowaga NY - Call (877) 702-1984 FREE Consultation
What's Needed for an Emergency Filing?
Even though an emergency situation filing involves just very little forms being submitted to the court as part of the preliminary filing, everybody who seeks bankruptcy relief should meet specific requirements and submit 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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