Are your finances a mess? Do you think that filing for bankruptcy is your only escape is bankruptcy? Many people have discovered that bankruptcy can help them escape their financial issues. This article will give you make sure your bankruptcy goes smoothly.
Don’t use a credit cards to pay off your taxes before filing for bankruptcy. In many parts of the country, this debt won’t be discharged, and you could be left owing a significant amount to the IRS. This makes using a credit care irrelevant, when it will just be discharged.
Don’t avoid telling your lawyer specific details of your case. Don’t assume that he’ll remember something important later without having a month ago; tell him again. This is your bankruptcy and your future, so do not be afraid to remind your lawyer of any key facts.
You may still have trouble receiving any unsecured credit card or line after a bankruptcy. If you are in this situation, consider requesting secured cards. This will prove that you view rebuilding your credit score. After a certain time, you are going to be able to have unsecured credit cards too.
Instead of getting your lawyer from the yellow pages or on the Internet, ask around and get personal recommendations. There are a number of companies who may take advantage of your situation, and it’s important to be sure your bankruptcy can go smoothly; take your time and choose someone you can trust.
The federal statutes covering bankruptcy can tell you exactly which assets that are exempt from bankruptcy. If you are not aware of the rules, you may be …