Radio Puntarenas

April2017

ADVICE: What to Do (Not To Do) Before Declaring Bankruptcy

If you find yourself under pressure of insurmountable debt, the best thing to do is to look for a good bankruptcy attorney who will help smooth the process of declaring bankruptcy for you. In this article, the team at Schwartz Flansburg, who are among the top bankruptcy attorneys in Las Vegas  shared their insights on what to do before declaring bankruptcy.

declaring bankruptcyHiring an attorney should only be done after you have done as much research as possible on your own in a bid to understand the issues so that when you do engage the bankruptcy attorney you deal with him with a fair amount of knowledge of what to expect. Research then should be the first thing you do when you start considering declaring bankruptcy.

After you know as much on your own but still cannot make out what Chapter 7 and Chapter 13 and other jargon are all about, call an attorney who will unlock the next many pieces of the puzzle with you.

The attorney should help you make a list of all your creditors, with details of what you owe them and for how long. While you are at it list all your income. This should help … Read the rest

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