What is an “emergency bankruptcy filing” and why would someone in Brooklyn or elsewhere in New York ever need one?
In a nutshell, if you absolutely positively have to file right away with no time to lose, then there’s a procedure in the bankruptcy process that lets you do so even if you don’t have all the required information right there and then. What’s the advantage? You get a case number which in turn means you get the protection of the automatic stay (i.e., the bankruptcy force field that protects you and your assets from creditors). Note: Most Brooklyn, NY bankruptcy attorneys with expertise in foreclosure have the ability to file your case electronically and instantly right from their computers.
Emergency bankruptcy filing procedure in New York lets you just file the first two pages of the bankruptcy petition. However, you also must file the completed petition within 14 days of the original filing. (Though further extensions can be sought from court if you have good reason.)
Why might someone need an emergency bankruptcy filing? Imminent foreclosure is a very common reason. Though threat of utilities being shut off is also a frequent cause as are actions such as eviction or repossession. Garnishment of salary might be another reason for an emergency bankruptcy filing — and attachment of a bank account might be yet another.
Important: Remember that you must still fulfill the credit counseling requirement before you can file for bankruptcy, even for emergency bankruptcy. If you need help with this, check with your bankruptcy lawyer to find the quickest and most effective option for meeting his requirement in a short time frame.
If foreclosure is the reason, make sure you’re working with an experienced Brooklyn NY foreclosure attorneys. Contact bankruptcy attorney Bruce Weiner for a free consultation and to ask any questions you might have about emergency bankruptcy filings in Brooklyn or elsewhere in New York.