Over a person’s life, there are few decisions as stressful and emotional as filing bankruptcy. Many people have carefully and sensibly sought the advice of a qualified bankruptcy attorney to inform their decision and come to the best solution to resolve their financial issues.
Bankruptcy Attorney Washington DC, Maryland, Virginia
There are many frequently asked questions regarding bankruptcy. One that is of great concern is when a person has recently lost his job. Many people, even those with lucrative salaries, live almost paycheck to paycheck and with little savings. They have mortgages, car loans, and credit card debt that can quickly overtake them if they become unemployed, even for a short period. Therefore, today, we are answering the question, “Should I file bankruptcy if I just lost my job?”
Unfortunately, all too often, divorce and bankruptcy seem to go hand in hand. Financial problems are one of the commonly cited reasons for breaking up couples and families. Consequently, one of the most frequently asked client questions is, “Should I file for divorce or bankruptcy first?” If you plan ahead, you can ensure both will move more smoothly and be less costly. While the answer is ultimately based on your individual circumstances, it is always better to perform one before the other, rather than trying to file both simultaneously.
Have you seen the television commercials about the importance of reviewing your credit report annually? We live in a world where good credit is a valuable commodity. You need to ensure your information is up to date, the account histories are correct, and no one has falsely opened credit in your name. However, it is also essential to review your credit reports before filing bankruptcy.
Harris S. Ammerman, ESQ has filed many bankruptcy cases over the years. This experience has revealed many individuals who, having dealt with less knowledgeable attorneys, suffered unfortunate outcomes. These individuals made significant, but avoidable mistakes. During a bankruptcy, even a small error can have a cost. In order to help you from jeopardizing your outcome, ensure you avoid
these common bankruptcy mistakes.