If you’re considering filing for Chapter 7 or Chapter 13 bankruptcy it’s likely that you are also considering meeting with a bankruptcy attorney. If you’re going to be meeting with a bankruptcy attorney for a consultation, you may want to know how you can prepare ahead of time. Here are some of the things that you can do to prepare before your appointment.
Your attorney is bound to have some questions about your financial situation so that they can determine the best course of action for your future. It is often stressful facing questions about your finances but knowing what to expect can leave you more prepared.
Some of the main questions that an attorney may ask include:
Are you facing eviction?
Is your home in foreclosure status?
Has someone ever served you with a lawsuit?
Have you ever received a wage garnishment?
Has your creditor ever taken money from your bank account?
Are you late on any payments currently?
Information about your family
Understanding more about the financial situation of your family will also be under the objectives of a bankruptcy attorney. They’ll want to know more about if you’re married, if you have any children, how much money you and your spouse make, what your total assets are worth and how much you owe.
Have Objectives in Mind
A bankruptcy attorney is going to work as your allies through the process of application and in negotiating with your trustee’s. If you don’t have a clear focus in mind for your bankruptcy, a bankruptcy attorney may not recommend the process for you. Some of the main goals that you can accomplish with a bankruptcy might be illuminating a massive amount of debt or simply putting yourself in a position where you can rebuild your credit for the future.
Be sure to arrive ready with financial documents and the information that your bankruptcy attorney may ask to determine the best course of action.
Contact us for a consultation for your bankruptcy today.
This article was written by Alla Tenina. Alla is one of the best bankruptcy attorneys in Los Angeles California, and the founder of Tenina law. She has experience in bankruptcies, real estate planning, and complex tax matters. The information provided on this website does not, and is not intended to, constitute legal advice; instead, all information, content, and materials available on this site are for general informational purposes only. Information on this website may not constitute the most up-to-date legal or other information. This website contains links to other third-party websites. Such links are only for the convenience of the reader, user or browser; the ABA and its members do not recommend or endorse the contents of the third-party sites.