10 Don’ts in Preparing to File Bankruptcy

Feb 12, 2018 | Guidance

  1. Don’t transfer assets to anyone unless it is a genuine sale for fair value.
  2. Don’t borrow money without talking to your attorney first
  3. Don’t write bad checks.
  4. Don’t put your money in your children’s bank account.
  5. Don’t hide assets or debts.
  6. Don’t gamble.
  7. Don’t make balance transfers.
  8. Don’t give of gift property to anyone.
  9. Don’t misrepresent facts to your attorney.
  10. Don’t assume you understand bankruptcy fully, ask your bankruptcy lawyer.

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