By: Jeena Cho, San Francisco Bankruptcy Attorney You can be debt free in 90 days. The catch? You have to file for Chapter 7 bankruptcy. Here are the steps to shedding your debts, once and for all. Filing for bankruptcy involves the following steps.*

  1. Meet with a bankruptcy attorney. (This step is the most difficult.)
  2. Make the decision to file.
  3. Gather all your paperwork (bills, paystubs, tax returns, etc.)
  4. Complete credit counseling
  5. Prepare and file bankruptcy petition
  6. Attend a Meeting of Creditor (approximately 30-45 days after filing)
  7. Complete post-filing credit counseling
  8. Wait 60 days
  9. Receive discharge
  10. Live debt free

After you file, you’ll join the millions of others who has filed before you. *There a some cases (very small percentage) where the case may take a detour from the ten steps. One of the most common reason? Not being totally honest with your attorney! My job is to make sure you get to Step #10 as smoothly as possible but it requires 100% participation from the client. Do you have questions about bankruptcy you’d like answered? Email me: jcho {at} jclawgroup.com. Disclaimer: Unfortunately, it is impossible to give legal advice over the internet, no matter how well researched or written. Before relying on any information I give, contact a lawyer to discuss your particular situation. I am a San Francisco bankruptcy attorney. The information given is based on California law.

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