The paperwork that you are about to sign consists of the Petition, Schedules, Current Monthly Income, Statement of Financial Affairs, Declaration Concerning Schedules, Verification, Creditor Matrix, Form 22 which shows your Social Security Number and Form 342 which is the Trustee’s Notice to Debtor Regarding available chapters. If you are in a Chapter 13, there will be a plan filed and in a Chapter 7 a Statement of Intentions.

I am purposely not listing forms filed in a Chapter 11, 12 or 15 so do not think that this list includes paperwork filed in cases filed under those Bankruptcy Chapters.

All that is required to file a bankruptcy case is a petition and a list of creditors. The rules give you additional time to file the remaining paperwork. In a South Carolina bankruptcy, you have 14 days to file the remaining paperwork. If the Court agrees, you may be able to obtain up to an additional 14 days or less to file the required paperwork. If you miss these deadlines, then, your case will be dismissed.

It is your responsibility to make sure your paperwork is filed in a timely manner. Of course, your attorney is also responsible, but, who is really hurt if your case is dismissed.

 When your case is filed, a Case Number is issued at once. If you do not have have a Case Number, you must consider yourself as not having filed your case.

 When you file your case, the automatic stay goes into effect. There is nothing better for someone who has been called repeatedly, has received constant payment demands and been sued or been threatened with being sued to know that it all stops.

The AUTOMATIC STAY allows you to breathe easily for the first time in a long time.  You can finally think about where you are and where you want to go.  Now is the time to get ready for everything else you need to do.  

What are you going to do now and for the rest of your life?

About Nathan Davis, Esquire

Born in Charleston, South Carolina, Nathan Davis has been practicing law for many years. Mr. Davis has a wide variety of experiences having practiced domestic relations, criminal law, social security law having also practiced collection law in the past. This knowledge is helpful when someone needs to restart their financial life. The practice is now primarily bankruptcy and debtor representation work, but, Mr. Davis continues to also practice real estate law, trusts and estates and a general litigation practice. I believe that the most important part of representation is trying to leave you better off when the case is finished than when you started. Although I will do as my client directs, I will always tell you if I think that you are making a mistake. Bankruptcy is about a "fresh start". If you do not make changes in what you are doing, you will be doing what you are doing now in the future. There is no shame in bankruptcy or other steps that you may take to start your life over. Too often, people worry more about things than about themselves, their family or their future.
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