Bankruptcy is a life changing experience, but you want it to be a positive one. Having to file bankruptcy is stressful enough. During financial stress, it can be tempting to take all measures to alleviate the pressure.
Financial mistakes, whether committed innocently or accidentally, can impede a bankruptcy case. This is why it is significant to address these issues immediately and avoid the following mistakes before filing for bankruptcy:
- Transferring or hiding assets
- Running up credit card debt
- Draining your retirement account
- Not listing all creditors
- Making unusual deposits in your bank account
Experienced bankruptcy attorneys are aware of all of these common mistakes and many more. Bankruptcy is a complex area of the law and the process has being further complicated with the new bankruptcy laws. If you are starting to consider bankruptcy, you owe it to yourself to get advice.
Here at DAL Law Firm, we offer free consultations where we would sit down with you and help you determine the best course of action before filing bankruptcy. If you have questions about bankruptcy or want to file bankruptcy, please contact our office at (206) 408-8158, or by email at: [email protected].