Evans, GA individual bankruptcy attorney

A person can file for bankruptcy under Chapter 7 in Evans, GA and can have certain debts discharged if they meet the necessary criteria. The necessary criteria were formulated by the BACCP Act and now include both a means test and the necessity to undergo credit counseling. The process is complicated and you must use the services of a Evans, GA individual bankruptcy attorney
Before being permitted to file a Chapter 7 bankruptcy a person should prove that their disposable income falls below a certain limit which will vary slightly from state to state depending on the average income of the state.
The person is also required to have received credit counseling from an accredited organization at some stage in the 180 days prior to their bankruptcy petition.
If the Chapter 7 petition has been filed in Evans, GA, an impartial trustee will be appointed to liquidate the non-exempt assets of the debtor. This trustee often will be an attorney or someone who is aware of the bankruptcy regulations and the courts. The trustee will hold a meeting of creditors, usually within 40 days from the filing date. The filer should attend the meeting and must submit to an examination under oath. The examination typically is restricted to questions about the extent and whereabouts of the filer’s assets. But, the trustee may ask questions to ensure the filer is aware of the likely results of bankruptcy, including the effect on his credit history, ability to file a petition under a different chapter, the effect of receiving a discharge, and the effect of reaffirming a debt. The filing of a Chapter 7 case in Evans, GA under the US Bankruptcy Code creates a bankruptcy estate. The trustee is charged with selling all assets of the estate.

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