Archive for the ‘Timothy Kingcade - questions and answers on Bankruptcy’ Category

How long after filing will the creditors stop calling? (2010-3-9)

Category: Timothy Kingcade - questions and answers on Bankruptcy | 1 Comment

Once a creditor becomes aware of a filing for bankruptcy protection, it must immediately stop all collection efforts. After you file the bankruptcy petition, the court mails a notice to all the creditors listed in your bankruptcy schedules. This usually takes a couple of weeks. Creditors will also stop calling if you inform them that [...]

Do I have to disclose everything I own? (2010-1-6)

Category: Timothy Kingcade - questions and answers on Bankruptcy | 1 Comment

Yes. If you withhold this information you could be fined a large fee. In some cases $5,ooo or more. You can also be imprisoned, so I suggest you are as honest as possible about your assets.
Timothy Kingcade
http://www.timothykingcade.com

Does my spouse have to file for bankruptcy also? (2010-1-6)

Category: Timothy Kingcade - questions and answers on Bankruptcy | 2 Comments

No, only you have to file for bankruptcy not your spouse. In most cases it is better if only one spouse files.
- Timothy Kingcade