July 27, 2007, Newsletter Issue #73: Preparing to File Bankruptcy

Tip of the Week

Additional things to consider when preparing for your first meeting with your bankruptcy attorney: any documents regarding any loans that you are a co-signor on; any lawsuits pending or about to be filed against you; any inheritance or lump sum monies soon; will you be entitled to a tax refund during the year. Events and relationships will play a part and be a factor in determining which chapter you will file under as well as when the best time to file would be for you. In addition to gathering all the financial documents both personally and business related, these factors may help the bankruptcy lawyer make a clear and concise determination as to what the best course of action for you will be.

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