What Are the Do's and Don'ts Before Filing Bankruptcy?

Taking the Right Steps to Relieve Your Stress and Wipe Out Your Debts

If you are having trouble with debt, the federal bankruptcy laws will give you an opportunity to make a fresh start. In order to take advantage of this opportunity, there are some basic do's and don'ts you should follow before filing bankruptcy, including:

  • Don't pay a debt consolidation company good money to negotiate with your creditors. These companies cannot use the law to force your creditors to wipe out your debts.
  • Don't take any steps in anticipation of filing bankruptcy before talking to an experienced attorney. In particular, don't convey any property or charge more on your credit cards.
  • Don't believe everything you read on the Internet. Many websites about bankruptcy have been set up by creditor organizations and may publish inaccurate and misleading information.
  • Don't base your decisions on what happened to a family member or friend. Every bankruptcy case is unique, and it is important to get individualized advice about your case.
  • Do come see an experienced bankruptcy lawyer. If you have fallen behind on your debts, you need sound legal advice right away, and our attorneys can provide that advice.

At the Atlanta metro area law firm of Gingold & Gingold LLC, we offer clients the counsel and representation of two experienced attorneys: Ira D. Gingold, who has been a bankruptcy lawyer since 1971 and Court-appointed Bankruptcy Trustee in Georgia from 1971-2013, and Jamie L. Gingold, who has been practicing bankruptcy, business and real estate law since 2001.

Contact Our Atlanta Bankruptcy Attorneys to Schedule a Free Consultation

The sooner you contact an experienced bankruptcy lawyer, the sooner you can get on the path toward freedom from debt. To schedule a free initial consultation with our attorneys, please call us at (404) 685-8800 or e-mail us today.