Riverside County Chapter 7 Bankruptcy Process

Every Riverside and San Bernardino bankruptcy case is different and depends on your specific circumstances.  However, there are common steps to each Chapter 7 case. Our firm will outline these steps for you and assist you in every step along the way.  Additionally, our firm offers low monthly payments to get started and in many cases will file the bankruptcy with only $99 down.  Contact our office for more details on payment plans that work for you.

  1. Prepare bankruptcy paperwork: Our office will provide you a list of the documents we will need in order to file your bankruptcy paperwork. This typically includes recently filed tax returns, pay stubs, bank statements, and/or a list of creditors.
  2. Pre-Bankruptcy Course: Every debtor must complete a pre-bankruptcy credit counseling session with an approved credit-counseling agency. The process takes about an hour to complete and can be done on the phone or online.
  3. Bankruptcy Filing: Once the paperwork is completed, the petition and schedules must be signed and filed with the court. Upon filing with the court, the automatic stay immediately goes into effect and stops any foreclosure, repossession of other creditor action. Also, debtors will obtain a date and time for the meeting of creditors and will be assigned a case number.
  4. Post-Bankruptcy Class: Once the paperwork is prepared and filed with the court, the debtor will also need to complete a personal financial management class in order to obtain a discharge. This process is similar to the pre-bankruptcy class and can be completed online or over the phone with an approved agency.
  5. Meeting of Creditors (341 Meeting): Every debtor must attend a meeting of creditors. Although creditors rarely show at the meeting, the meeting is primarily designed for the trustee to confirm the debtor’s identity and make sure there are no errors or omissions in the filing.  In riverside, the 341 meeting will take place in one of two locations.

Riverside Bankruptcy Court
3420 12th Street, Room 100
Riverside, CA 92501

Riverside US Trustee’s Office
3685 Main Street
Riverside, CA 92501

Riverside 341(a) Meeting Locations
3420 12th Street, Riverside CA, Room 100a or 100b
or 3685 Main St., Riverside CA, Room 200

Bankruptcy Discharge: Following the meeting of creditors, creditors are given 60 days to object to the exemptions or pursue a claim of non-dischargeability. After the statutory period passes, the court is free to enter a discharge and will usually do so within a few weeks after this period has passed.

 

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