Essential Tips for Navigating Your Bankruptcy Journey
Remember, you are not alone. Over a million bankruptcy cases were filed in the last 12 months. Debtors like you are seeking relief and a fresh start. Our bankruptcy attorneys at Walden Legal Solutions are here to support you every step of the way.
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Key DOs Before Filing for Bankruptcy:
- DO be entirely honest with your attorney: Full disclosure is essential for effective representation. Bankruptcy cases are filed in Federal court, and honesty is crucial to avoid claims of fraud.
- DO list all creditors: Include all creditors in your schedules, even those you intend to repay, like friends or family, and mandatory payments like taxes or child support.
- DO complete the Bankruptcy Client Worksheet: Provide complete financial information to avoid additional costs and ensure efficient case handling.
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Key DOs During Your Bankruptcy Case:
- DO continue making regular payments: Keep up with mortgage or car loan payments if you wish to retain the collateral. Remember to make timely payments even if statements stop.
- DO adjust your tax withholdings: Manage tax refunds carefully, as they are part of the Bankruptcy Estate and can be claimed by the Trustee.
- DO file your taxes: Provide current, accurate tax returns to the Trustee as required.
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Communication and Support:
- DO contact our office for creditor issues: If creditors contact you after filing, reach out to our office for assistance.
- DO ask questions: Ensure you fully understand the answers provided by your bankruptcy lawyer. There is no such thing as a stupid question!
DO contact us today for your free bankruptcy consultation to explore your options and ensure a smooth process.