Saturday, 29 December 2012

How To Filing an Orange County Bankruptcy on Your Own

Tips for Filing an Orange County Bankruptcy on Your Own

Author: Jeffery Black
In each area of the Country there is different information you need to know in to file your own bankruptcy. This article offers some tips on how to proceed if you are filing in Orange County, California.
1. The first step is to visit the Federal Bankruptcy Central District website. This website explains the procedures needed for filing a bankruptcy. It also provides the needed forms, information on the local judges, the Court's Holiday schedule and much other useful and relevant information.
2. You will want to identify the location of the Court and if you have time visit it. Visiting the Court prior to the day you actually need to attend will make sure you are aware of parking locations, the time it takes to get through security and the floor where the bankruptcy courts are located. For the Central District the address is:
United States Courthouse
411 West Forth Street
Santa Ana CA 92701
3. You will need to determine the type of bankruptcy that best fits your needs. The two most common types are a Chapter 7 and a Chapter 13 bankruptcy. If you decide you will need need a Chapter 7 bankruptcy you will have to pass the "Means Test." The basic concept is that if you have enough money to repay your debts you should not be able to declare bankruptcy. Thus the test measures the amount of assets and income that you have in comparison to other people in your state.
A Chapter 7 bankruptcy will also require that you have a number of forms and documents to complete the process. Among other things you will need a valid Social Security number, a Certificate of Credit Counseling, a list of the property of which you are the owner, a valid drivers license and a list of all of your creditors.
In both a Chapter 7 and a Chapter 13 bankruptcy there are a number of debts that are not dischargable. For the most part Student Loans and Child Support is not dischargable.
4. After you've determined which bankruptcy will work best for you, you will need to download from the Federal Bankruptcy Central District Website the correct bankruptcy petition packets. These packets contain a number of the forms need at different points throughout the bankruptcy process. You will need to determine which forms are relevant to your particular situation.
You do not always need an attorney to complete your bankruptcy filing. Many people complete if on their own. The above tips will help those who wish to represent themselves in their bankruptcy proceeding.
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About the Author
The Author knows a number of Laguna Beach Bankruptcy Attorneys and lives in Southern California.