Commonly Asked Questions At a Bankruptcy Hearing

A List of Questions that you may be Asked at your Bankruptcy Hearing:

  1. What is your name?
  2. Did you sign the bankruptcy petition after reviewing it?
  3. Did you read the bankruptcy information page?
  4. Where do you work?
  5. How are you paid –do you receive bonuses or commissions?
  6. Have you transferred any assets to anyone else in the 4 years before you filed your bankruptcy?
  7. What did you receive as a tax refund last year and do you believe it will be the same next year?
  8. What did you spend last year’s tax refund money on?
  9. Did you pay any family members or friends a lot of money before you filed?
  10. Do you have any lawsuits or legal claims in which you believe that you can recover money?
  11. Does anyone owe you any money?
  12. Do you anticipate receiving an inheritance in the next 6 months or have you heard that you will receive an inheritance?
  13. Do you own any life insurance policies that accrue cash value?
  14. Do you have any stocks or bonds or investment accounts?
  15. Do you have any timeshares or frequent flier miles?
  16. Do you have a child support obligation?
  17. Have you ever filed bankruptcy before?
  18. Do you understand the effect of signing a reaffirmation agreement?
  19. Have you taken the second class?
  20. If you own real estate, how did you derive the value of your home?

These are the most commonly asked questions. Obviously, the facts of each case are different and a debtor may be asked different questions at the hearing.

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Unsure of whether or not bankruptcy is right for you? Want to see if you are eligible for bankruptcy? I am ready to discuss all your options with you in a free case evaluation. Find trusted, dedicated advice today at John Steinkamp & Associates.

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Unsure of whether or not bankruptcy is right for you? Want to see if you are eligible for bankruptcy? I am ready to discuss all your options with you in a free case evaluation. Find trusted, dedicated advice today at John Steinkamp & Associates.

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