After filing your case, you must complete a post filing course that will be an overview of personal finances. The course is about two hours long and the cost can be waived under certain circumstances. Most people take the course on line. Your attorney can advise you on the appropriate course and the cost associated with such course.
How does bankruptcy affect your credit is a question I hear all the time. This answer is not definable. I cannot, nor can anyone else, tell you how many points your credit will drop or how long it will be till you can buy another house. The bankruptcy can stay on your credit for up to ten years from the date your case is filed. Even so, it is much easier to get credit after a bankruptcy because you are able to more easily pay your bills. Go figure. Debts on your credit report will be reported as zero balance after the bankruptcy is finalized. You should always check your credit score to ensure your creditors are reporting your debt correctly to the credit bureaus.
As a note, utility companies cannot refuse you service because of a bankruptcy, nor can jobs discriminate based on the fact that you have filed for bankruptcy.
While you can file bankruptcy without an attorney, I would highly advise speaking with a professional at Myers & Eichelberger to ensure bankruptcy is the right step for you and to ensure all creditors are included. If you are going to file bankruptcy, you want to ensure that you are using it to wipe out all your debt and that you do not lose assets you intend to keep. The bankruptcy procedure may seem easy enough, there are a lot of decisions that need to be made that might not be obvious. Please contact us at 888-ME-HELP-YOU at any time for a free consultation.