If you are considering bankruptcy, there are a few steps you can take to speed up your case and avoid complications. The experienced bankruptcy lawyers at Forghany Law P.C. can explain how bankruptcy works and estimate how long your case is likely to last.
Contact us to learn more about bankruptcy planning. For a free consultation, call us in Massachusetts at
Gather Your Financial Documents
Only the debts included in your bankruptcy filing will be discharged at the end of your case, so you should plan to bring documentation of all your debts when you meet with us.
We will also need to know your income and expenses to determine whether Chapter 7 or Chapter 13 is the right option for you. Remember to include the cost of utilities, car insurance, food and home maintenance in your list of expenses. You must provide documentation for all debts and income, so begin gathering that information before your first meeting with your attorney.
Consult Your Attorney Before Major Purchases
Before filing for bankruptcy, debtors sometimes take action based on outdated or inaccurate information. If you transfer funds to your children or default on some debts to pay off others, this behavior could have unintended consequences and even lead to questions about fraudulent transactions. Talk to an attorney early to avoid mistakes that could result in the bankruptcy court denying your petition.
During a free initial consultation, the attorneys at Forghany Law P.C. can explain more about preparing for bankruptcy. Contact us online or call us in Massachusetts at
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We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.