Are you planning to file for bankruptcy? This process can be emotionally painful, overwhelming, and stressful. As with any process, the more you educate yourself and do your homework, the easier it will be to navigate the bankruptcy filing process, allowing you to start fresh with a clean slate and practice better financial decisions.
Before you file for bankruptcy, consider contacting a lawyer to discuss your options. Sometimes the answer to your financial problems can be negotiating a re-payment plan so you can have some room to breathe. If bankruptcy is still the best option for you a bankruptcy attorney can be incredibly helpful during this process.
Once you have decided to file for bankruptcy, you should stop using your credit cards immediately and you should stop paying those credit cards. When filing for bankruptcy, you’ll need to list your current assets and debts. Make a list of the things that you own like your vehicle or your home and use websites like Zillow or Kelley Blue Book to estimate their current value. Obtain a free copy of your credit report by visiting www.annuacreditreport.com and make a list of all of your debts. You will need this information to complete the bankruptcy petition and schedules.
This information is provided by Miami bankruptcy lawyer Alonso, Perez & Santos, LLP. Our areas of practice include bankruptcy, debt harassment, credit card defense, foreclosure defense, immigration law, insurance litigation, business start-ups, and more. Call 305-676-7545 to speak with one of our attorneys and receive a free consultation. We look forward to working with you.
This information is provided for educational or informational purposes only and should not be construed as legal advice. The information is not provided in the course of an attorney-client relationship and is not intended to substitute for legal advice.