Emergency Bankruptcy Attorney Charleston SC - Chapter 7 Bankruptcy Lawyers

Emergency Bankruptcy Attorney Charleston SC - Call (877) 702-1984 FREE Consultation

What is an Emergency Situation Personal Bankruptcy Filing?

People look for an emergency situation insolvency filing when lenders are threatening to take immediate action to take or offer properties. The emergency personal bankruptcy filing stops the lender as soon as you submit the primary insolvency kinds.

Emergency Bankruptcy Attorney Charleston SC - Call (877) 702-1984 FREE Consultation

An emergency insolvency filing is a personal bankruptcy case filed without all the required forms, normally to stop a collection action that is imminent, such as a foreclosure, foreclosure or wage garnishment.

The emergency filing activates securities of the automated stay, stopping all collections actions, and the filer is given a specific amount of time to submit 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 defense.

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Why Do People File Emergency Bankruptcy Cases?

Many people in extreme monetary distress feel defenseless. How would you feel if you were simply served with a notice of foreclosure or a wage garnishment notification? Lots of are paralyzed by the anxiety this triggers. 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 not do anything. Often, the person has been striving on another debt relief solution and is amazed when they are served with a suit or foreclosure notice. They thought they had the issue taken care of and now this. These are the types of scenarios when emergency situation insolvencies are essential.

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What's Needed for an Emergency Filing?
Even though an emergency situation filing includes just very little forms being sent to the court as part of the preliminary filing, everyone who looks for insolvency relief should satisfy certain requirements and send particular info 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 other 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.