10 Don’ts in Preparing to File Bankruptcy
- Don’t transfer assets to anyone unless it is a genuine sale for fair value.
- Don’t borrow money without talking to your attorney first
- Don’t write bad checks.
- Don’t put your money in your children’s bank account.
- Don’t hide assets or debts.
- Don’t gamble.
- Don’t make balance transfers.
- Don’t give of gift property to anyone.
- Don’t misrepresent facts to your attorney.
- Don’t assume you understand bankruptcy fully, ask your bankruptcy lawyer.
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