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Consumer Bankruptcy - Answers and Information
Involuntary Bankruptcy

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Involuntary Bankruptcy

Voluntary bankruptcy is when debtors, realizing that they cannot pay their creditors, initiate bankruptcy proceedings. Conversely, involuntary bankruptcy is when creditors, in an attempt to secure what is owed, file the petition for bankruptcy. It may be done to force a debtor to repay all creditors, rather than only those that aggressively ask for payments. Another reason is to initiate the proceedings before a debtor has exhausted all of his or her assets. Involuntary bankruptcy, especially in the consumer setting, is quite rare.
If you think you might have a Consumer Bankruptcy case, Contact our Consumer Bankruptcy Lawyers Immediately for Help.

Consumer Bankruptcy Resource Center

Answers and Information
Answers to frequently asked questions about Consumer Bankruptcy.

Types
An overview of Chapter 7 and Chapter 13 Bankruptcy.

Home and Property
An explanation of what happens to home and property during Bankruptcy.

Understanding the New Bankruptcy Law
A guide to understanding the New Bankruptcy Law.

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