How do you file for bankruptcy?

How long does it take after you file bankruptcy, do all your bills get paid?

  • if the questiion sounds weird, how long until all of your bills are taken care of after you file bankruptcy?? if I file for bankruptcy today will all my bills be paid by the end of March?

  • Answer:

    Your debts are erased with a bankruptcy and it takes about 3 months from start to finish. Make sure your attorney turns in every single debt to the courts so nothing is missed. Once you file, your creditors have to stop with any proceedings against you. go to google.com and type in legalhelpers. This website should be a big help to you with answering any questions you have. good luck!

smokeyfl... at Yahoo! Answers Visit the source

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Other answers

1. The process of filing bankruptcy is different in various states. Mine took about 3 months to finish in Virginia. 2. Your bills are not payed. The debts that are listed on your credit report that you included in your filing will show as having been part of a bankruptcy. You do not have to pay them, the company can no longer bother you about them. It stays on your credit report for a specified amount of time and you will have difficulty with home purchasing, car purchasing, loans, etc for at least several years afterward, perhaps until the bankruptcy drops entirely. Please do research online--the information should be available within your state's website.

Virginia E

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