The Two Main Requirements for Filing Bankruptcy in
Riverside
The main goal when filing bankruptcy is to allow honest individuals who have had unfortunate
events occur which have lead to severe debt,to have these debts discharged, thus relieving the
debtor...
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The Two Main Requirements for Filing Bankruptcy in
Riverside
The main goal when filing bankruptcy is to allow honest individuals who have had unfortunate
events occur which have lead to severe debt,to have these debts discharged, thus relieving the
debtor from their previous debts.
This allows the debtor to pursue a fresh financial start.
This was
the decision of the Supreme Court in 1934.
If you are a resident of Riverside who is facing severe
debt and you are considering filing bankruptcy, you can find the debt reliefthatyou so desperately
need.
In order to do so there are two main requirements, which are necessary to complete when,
filing bankruptcy in the state of California.
Credit Counseling
The Bankruptcy Act of 2005 requires thatall persons filing bankruptcy after the date of October
17, 2005, must receive creditcounseling 6 months prior to filing bankruptcy.
They must also
complete a financial management course afterthe file of bankruptcy.
Means Test
This same act of 200
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