Learn about the process of a bankruptcy case.
If you plan to file for bankruptcy, take the time to learn about the bankruptcy process before you jump in. Start by reviewing the steps in a typical bankruptcy case for both Chapter 7 and Chapter 13. Then learn about important bankruptcy procedures, protections, and requirements, like the credit counseling requirement, the powerful automatic stay, the creditors' meeting, the Chapter 13 confirmation hearing, and the role of the bankruptcy trustee. You can also find information on converting from one chapter of bankruptcy to another, what happens if creditors challenge certain aspects of your bankruptcy, and more.