So you just received an earnings withholding order and don’t want to lose 25% of your income to wage garnishment. \u00a0You call a local bankruptcy lawyer and find out that you can stop the garnishment by filing bankruptcy. \u00a0In fact, the attorney tells you that he can file your bankruptcy petition electronically that very day. \u00a0With the bankruptcy petition electronically filed the automatic stay prevents the wage garnishment from taking effect allowing you to keep your full paycheck. \u00a0However, this emergency bankruptcy filing<\/a> has created another problem: you have 2 weeks to file the rest of your documents with the court<\/p>\n This two week deadline will put pressure on you and your attorney. \u00a0You will have less than two weeks to give your attorney 6 months of pay checks and bank statements and two years of tax returns. \u00a0Your attorney will have whatever time is left within that two week period to draft your schedules, statement of financial affairs, statement of intentions, and other documents filed with the bankruptcy court<\/a>. \u00a0In reality, you will probably have 1 week to give your attorney your documents and he will have less than 1 week to draft your remaining schedules and related documents.<\/p>\nThe Time Pressure<\/h2>\n
The Lesson<\/h2>\n