Bankruptcy Do’s and Don’ts

As the new year is settling in, we’re noticing some trends in bankruptcies that can greatly help or hurt a case. If you’re considering bankruptcy as an option for your financial affairs, keep these helpful Do’s and Don’ts in mind:

Do’s:

  • Keep an open line of communication. Rather than not answering, just let us know where things are at and that you’ll keep us updated. If your update is that you don’t have an update, just let us know!
  • Be prepared to produce documents. A common cause of delay in filing is a delay in producing required documents. We provide a Document Production Checklist at the initial office conference, specifically tailored for each individual and their circumstances. Utilize this checklist to prepare for your next conference and help ensure a quick, smooth filing process! Download it now from our contact page.

Don’ts:

  • Don’t wait until an emergency to seek help. Our office provides free initial consultations to discuss if a bankruptcy may be the best option for you, so why not schedule one? The more time we have to work on your petition before a filing deadline (such as a foreclosure or lawsuit), the smoother the case will go. Don’t wait until the last second!
  • Treat any requests from support staff as you would from an attorney! Our office is small; we all work collaboratively on files and keep each other up-to-speed on where things are at. Don’t only communicate with your attorney, also communicate with anyone from our office requesting information or updates.

We understand the vulnerability it takes to seek financial help. If you want more information on a potential bankruptcy filing, contact our office to schedule a free initial consultation. Let us work together to help you through uncertain times. If we do not think a bankruptcy is the best option for you, we can help negotiate settlements with creditors or explore other options that may be in your best financial interest.

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