Bankruptcy Lawyer Offer Five Tips

In the first quarter of 2010, California led the nation in bankruptcies with over
60,000. That was three times more than the next state on the list. I’m a bankruptcy
lawyer in the Sacramento area who has worked with a range of clients looking for
relief through bankruptcy. Here are five tips that you can use when preparing to file
for bankruptcy.

Five Bankruptcy Prep Tips

1. Review all of your finances and see if you really do need to file for
bankruptcy.

2. Before filing, get credit counseling from an organization approved by the
court.
3. Do not put more debt on your credit cards. This will not be viewed well by
the court and it could be construed as fraud.

4. Gather together all of your financial records, including documents related
to your income, mortgages and other loans, medical bills, credit cards
statements, savings and checking accounts, stocks, etc.

5.Consult the National Association of Bankruptcy Attorneys and the American
Bankruptcy Institute websites.

Do You Need an Attorney?

The law does not require that you retain a bankruptcy lawyer, but there are many
benefits to doing so. These include:

Help with determining whether you file for Chapter 7 or Chapter 13.
Knowledge of the entire process.
Proper documentation of your case.
Proper filing of all paperwork.
Representation in court.
Representing you to creditors.

Be Prepared

As a bankruptcy attorney in Sacramento, I have seen my share of filings and the best advice that I can give anyone is to be as prepared as possible. Doing so can help save you time and get you on the road to financial freedom.

Please contact our bankruptcy offices in Sacramento, San Francisco, Santa Clara, and San Francisco California, at info@california-bankruptcyattorney.com or at 888-589-1977 if you have any questions regarding bankruptcy.