While there are many reasons to file for bankruptcy, it is important to keep in mind that this should be a last resort for anyone. This is not a decision be taken lightly and anyone who is contemplating filing bankruptcy should make sure to speak with a competent and experienced attorney.
Until then, here are three really good reasons for delaying the filing of personal bankruptcy:
Reason number one; your income tax refund is coming.
If you have come to the realization that filing for bankruptcy is a necessity help you get back onto your feet get your income tax refund is on the way, the courts will require that your entire income tax refund goes towards the repayment of your creditors. So get your income tax refund first so that you can use it as you see fit.
California Bankruptcy Lawyer, Free Bankruptcy Lawyers, San Diego Bankruptcy Lawyers,
Reason number two; only recently has your debt accumulated.
If your debt is only recently piled up, then perhaps it is a good idea to hold off on filing for bankruptcy. It may appear as though you are trying to defraud the creditors due to the fact that word that has accumulated recently. Furthermore, the creditors may even use this to prevent you from being able to file. As a result is a good idea to wait several months before finally declaring bankruptcy.
Reason number three; your pay has been reduced for you have been laid off from work.
Many people all over the nation are having to deal with layoffs and pay cuts. While this may affect you financially, it is important take the time to make sure that this is the option for you. It is better that you wait a while until after the recession is blown over to help ensure that you will be eligible to file for bankruptcy.
Is Bankruptcy Right For You? Talk to Bankruptcy Attorneys Free and Confidential. Licensed bankruptcy attorneys are available. Attorneys will call you to discuss your case for free. Find out if bankruptcy is right for your situation.
Rating of Bankruptcy Lawyer Atlanta
Get Online Application at online Bankruptcy Lawyer.
0 comments:
Post a Comment