Family law attorneys advertise Divorce Monday, the first business Monday of the year, when unhappily married people act on their New Year’s resolutions and file for divorce from their spouses; the courts receive more divorce filings on Divorce Monday than on any other day of the year. Although bankruptcy lawyers do not advertise Bankruptcy Monday, the beginning of a new calendar year is an ideal time to start your bankruptcy case. If you have resolved to start 2024 by filing for Chapter 7 bankruptcy so that you can discharge your eligible debts by 2025, the holiday season is the perfect time to start gathering your documents in preparation for your meeting with a bankruptcy lawyer. Besides, looking over your old bank statements and seeing how little you got paid for your hard work and which of your expenses were truly preventable hurts less than listening to your family complain about your physical appearance and your political views. It only takes a few days to make it through the holidays, and soon, you will be ready to take major steps toward freedom from debt with an Oakland Chapter 7 bankruptcy lawyer.
Documents to Bring to Your First Meeting With a Chapter 7 Bankruptcy Lawyer
In a Chapter 7 bankruptcy case, the court will discharge your eligible debts immediately after determining which of your assets, if any, it can sell to put the proceeds toward debt settlement. Most people who file for Chapter 7 bankruptcy can complete the case and discharge their eligible debts without forfeiting any of their assets; if you have assets that are non-exempt from liquidation, it is a better idea to file under Chapter 13, provided that your income is high enough to comply with the court-ordered Chapter 13 payment plan.
Filing for Chapter 7 bankruptcy is painless compared to remaining in debt, but it does require you to be organized. These are the documents the court will want to see during your Chapter 7 bankruptcy case:
As long as you are truthful and do not try to conceal any of your income or assets, the chances are high that the bankruptcy court will accept your request for bankruptcy protection. Your goal is not simply to avoid rejection of your bankruptcy filing, though. You want to get the biggest relief possible from your debts. To do this, you should review your documents thoroughly with your lawyer before you submit your bankruptcy filing to the court.
Contact the Law Office of Melanie Tavare About Preparing for Your Bankruptcy Case
A debt relief lawyer can help you prepare for a successful bankruptcy filing that will improve your financial situation quickly. Contact the Law Office of Melanie Tavare in Oakland, California, or call (510)255-4646 for a free case evaluation.
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