Bankruptcy Do's and Don'ts

If you are considering bankruptcy, there are "do's and don'ts" that you should consider:
  • Do continue to make mortgage payments on your home if you are current and you intend to keep it.
  • Do continue to make automobile loan or lease payments on a motor vehicle you intend to keep.
  • Don't take money from your retirement accounts to pay bills.
  • Don't borrow money against the equity in your home in order to pay bills.
  • Don't transfer property out of your name to someone else in order to hide assets.
  • Don't run up debt on your credit card.
If you are overwhelmed with debt that you cannot repay, call or email The Law Office of Jason D. Arnold TODAY for a FREE bankruptcy consultation to see if bankruptcy is the right option for you.

 

 
 
 
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We are a law firm and a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.