? What are the important questions to inquire about prior to filing bankruptcy. The more you know about bankruptcy preparation, the more easy it becomes.
Do a test of means for determining if your personal financial situation is suitable for Chapter 7. This test will tell you if filing for bankruptcy is suitable for your particular situation. This form asks you to complete your financial data.
The next thing to do is fill out the proper documents and forms. There are roughly 60 pages of documents that need to be filled out, which include things like the list of outstanding debts, charges, as well as other financial obligations. Due to the quantity of paperwork necessary, secessions could be as high as 1500 dollars if you have legal assistance from a lawyer. You may want to consider your financial situation to find a different method of filling, to save yourself from having to pay for representation.
If you would like to know more about bankruptcy prep, check out the accompanying video.
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