Best Bankruptcy Lawyers Gastonia, NC

Gastonia, NC Bankruptcy FAQs

• Where do I file for bankruptcy in Gastonia, North Carolina?

  If you are planning to file for bankruptcy in Gastonia, you must submit your bankruptcy paperwork to the U.S. Bankruptcy Court in the Western District of North Carolina. The dedicated courthouse for Gastonia is situated at 401 W Trade St., Room 111, Charlotte, NC 28202.

• Where can I get bankruptcy forms in Gastonia, North Carolina?

  You can obtain bankruptcy forms in Gastonia by visiting this website: https://www.uscourts.gov/forms/bankruptcy-forms.

• After your bankruptcy filing in Gastonia, is there a possibility of losing your car or house?

  You don't have to give up your house or car after filing for bankruptcy in Gastonia. There are special rules that allow most people to keep their houses and cars. However, if the value of your house or car surpasses the available exemptions, it is often advisable to consider filing for chapter 13 to retain possession of these assets.

• Can you obtain credit after declaring bankruptcy in Gastonia?

  Yes. When filing for chapter 7 in Gastonia, credit may be obtained right away. For chapter 13 cases, all you must do is ask the trustee or court for approval. If it is necessary to purchase a car for transportation or if there are other significant needs, authorization is frequently granted.

• What are the potential reasons for the denial of a chapter 7 bankruptcy discharge in Gastonia?

  Reasons for denial of a chapter 7 bankruptcy discharge in Gastonia may include:

  • Submitting false information or lying under oath during the bankruptcy case.
  • Transferring assets with the intention of deceiving a creditor within a year prior to filing.
  • Non-cooperation with the bankruptcy trustee or inadequate explanation for asset loss.
  • If the debtor's "means test" indicates they have enough funds to repay unsecured creditors, but their consumer debts and family income exceed the median.

• Are there any limits on how many times you can file for bankruptcy in Gastonia?

  None. However, there are limitations on the waiting period for consecutive bankruptcy filings in Gastonia. Here are the waiting periods:

  • Two years is required between two consecutive chapter 13 filings.
  • A waiting period of six years is necessary between a chapter 13 filing and a subsequent chapter 7 filing.
  • Four years must pass between a chapter 7 filing and a subsequent chapter 13 filing.
  • Eight years is the minimum duration between two consecutive chapter 7 filings.

• Are debtors required to complete a credit counseling program prior to filing for bankruptcy in Gastonia?

  Before starting the process of declaring bankruptcy in Gastonia, individuals are usually required to attend a credit counseling session. You can easily finish this briefing online, and it usually takes less than 90 minutes. Additionally, before earning your discharge, you are required to take part in a debtor education program.