FAQ
From the National Consumer Law Center‘s Handout Answers to Common Bankruptcy Questions. Go to Free Downloads for the entire handout.
Answers to Common Bankruptcy Questions
A decision to file for bankruptcy should be made only after determining that bankruptcy is the best way to deal with your financial problems. This brochure can not explain every aspect of the bankruptcy process. If you still have questions after reading it, you should speak with an attorney familiar with bankruptcy.
There have been many news reports suggesting that changes to the bankruptcy law passed by Congress in 2005 prevent many individuals from filing bankruptcy. It is true that these changes have made the process more complicated. But the basic right to file bankruptcy and most of the benefits of bankruptcy remain the same for most individuals.
What Can Bankruptcy Do for Me?
What Different Types of Bankruptcy Cases Should I Consider?
What Does It Cost to File for Bankruptcy?
What Must I Do Before Filing Bankruptcy?
What Will Happen to My Home and Car If I File Bankruptcy?
Can I Own Anything After Bankruptcy?
Will Bankruptcy Wipe Out All My Debts?
What Else Must I Do to Complete My Case?
Will Bankruptcy Affect My Credit?
How Do I Find a Bankruptcy Attorney?
Can I File Bankruptcy Without an Attorney?
Remember: The law often changes. Each case is different. This page is meant to give you general information and not to give you specific legal advice.
