At this initial consultation, the attorney will go over your financial situation and explain your options. To get the most from this meeting, it’s important to be prepared and organized.
Below is a list of items that will be helpful for your attorney to review during your consultation. Keep in mind that this list is not exhaustive, but it will give you a starting point.
When you file for bankruptcy, you must list all of your creditors and the amount of money you owe them. This is called the schedule of assets and liabilities.
To accurately complete your schedules, you must provide your lawyer with all the information relevant to your case. This includes information about your income, expenses, debts, and assets. Failing to provide your lawyer with accurate information can lead to adverse consequences.
For example, if you omit or lie about a debt, the creditor may object to your bankruptcy petition. This could delay or even prevent your bankruptcy from being approved. Furthermore, if the court finds that you provided false information intentionally, you may be subject to criminal penalties.
It is therefore essential that you share accurate and complete information with your bankruptcy lawyer. By doing so, you can ensure that your case is handled efficiently and that you receive the best possible outcome.
By having all of these items ready for your consultation, you can be sure that your attorney has all the information they need to give you the best possible advice about whether or not bankruptcy is right for you and, if so, what type of bankruptcy you should file for.
Is bankruptcy on the horizon? Are you curious if filing could be the answer to your financial problems?
A bankruptcy attorney can help you make this decision. If you’re ready to create an organized system of financial records to determine if bankruptcy is right for you, or you want to discuss your situation with an experienced attorney, contact the Law Offices of Robert M. Geller at 813-254-5696.
Running a small business in Florida comes with financial risks. When debt becomes unmanageable, bankruptcy…
Filing for bankruptcy can feel overwhelming, especially with all the misinformation. Many people hesitate to…
Running a business as a sole proprietor can be rewarding but comes with financial risks.…
Filing for bankruptcy can feel overwhelming, but it doesn’t define who you are. Many people…
Filing for bankruptcy is a significant decision that can affect your financial future for years.…
Financial struggles can feel overwhelming. Many people face mounting debts, bills they can’t pay, and…