When you’re trying to apply for a bankruptcy, it goes without saying that time is definitely of the essence. So when you have to get things done right away, you would do well to make sure that you have plenty of time to prepare for the road ahead.
The key to any bankruptcy is making sure that you’re incredibly prepared — if you have any information missing, it will make it a lot harder for you to really get your bankruptcy processed. The court could believe that you’re hiding assets from your creditors and refuse to give you the bankruptcy in the first place. While the bankruptcy laws are there to protect you, you also need to make sure that you are abiding by those regulations on your own. It is tempting to think that you can hold back a few assets, and then sell them to have money in your pocket. However, this is a form of fraud and the risks just aren’t worth making this mistake at all.
Moving on to more pleasant topics, getting your information in order is actually much more straightforward than you imagine. The biggest thing that you will need to do is make sure that you have the appropriate contact information for your creditors. Giving them a call is a good thing, but you might actually want to see about finding appropriate mailing addresses. If you’re using a bankruptcy lawyer, they will need to send all correspondence certified mail, return receipt requested. This is so that they have the proper paper trail to protect you in the long run. If you are used to doing things by the phone, you might be surprised to find that this just doesn’t hold up in court. Recording calls without someone’s consent is illegal, and a nasty customer service agent or debt collector is unlikely to give you permission to record their conversation with you. Hence, it’s best to get everything in writing where no one can say that things were not sent or certain information was given when it was not.
There’s no need to feel like you’re hiding from the world when you’re trying to get a bankruptcy processed. It can feel like you should hide it, but think about it from this perspective. There’s really no law that says that you can’t pursue a bankruptcy, and there’s no law that says that you will be discriminated against or even fired for having a bankruptcy. This series of laws is designed to give you the fresh start that you’ve been looking for all this time.
Keep in mind that even with these tips, the bankruptcy process can take a few months. It’s going to be a little stressful because you’ll most likely want to push things along as quickly as possible. However, there’s just no overnight solution to move bankruptcy along. These tips will just make sure that you aren’t delaying your bankruptcy case due to missing or incorrect information. All things considered, you should be on the right track towards declaring bankruptcy and getting the fresh start that you’ve always wanted — why not get started today?