Bankruptcies aren’t always a bad thing.
They can help you move forward.
But how do you navigate through the aftermath of a bankruptcy?
Here’s how to get out of bankruptcy without taking a huge hit.
If you’re going to go through bankruptcy, you should get a lawyer.
Bankruptcy lawyers are experts in your specific situation.
They know how much money you have, what you owe, and who to contact to help.
A good bankruptcy lawyer can help guide you through your filing deadlines and help you stay out of trouble.
Get a bankruptcy plan before filing.
Many people start filing bankruptcy because they don’t have any other options.
Before filing bankruptcy, consider if you have any debts you can’t pay.
If you do, your bankruptcy attorney may need to file for you.
If there are other creditors, they may need a bond to get you out of debt.
If so, make sure you get a bond.
If you file a bankruptcy petition, ask your bankruptcy judge to approve the bankruptcy plan.
You can’t file bankruptcy if you can no longer meet the conditions of the bankruptcy petition.
If a bankruptcy judge denies your bankruptcy petition and you are still facing other debts, you can file for bankruptcy again.