Home     Business Bankruptcy     Alternatives     Links     Get Started
 Jacob Silver

 Bankruptcy Attorney Brooklyn, New York

 (718) 855-3834

 

26 Court Street 

Suite - 1201

Brooklyn, NY

11242

 

 

 

 

DONíTS In Preparing To File For Bankruptcy

 

1. Donít leave out Bank, Checking, Savings, Brokerage, Credit Union accounts.

2. Don't file if your income is greater than your expenses.

3. Donít use your credit cards.

4. Donít take credit card cash advances.

5. Donít use convenience checks.

6. Donít do balance transfers.

7. Donít pay money to Family.

8. Donít pay money to Friends.

9. Donít tell a creditor that you intend to pay.

10. Donít leave assets off of your paperwork.

11. Donít file if you are about to receive a tax refund or inheritance.  Discuss the timing with your attorney.

12. Donít fail to tell your attorney about your small business, sole proprietorship, partnership, LLC, LLP, corporation, or hobby.

13. Donít purchase a home shortly before filing bankruptcy without consulting your attorney.

14. Donít give or gift property to anyone.

15. Donít pay more than $600 on any past due bill.

16. Donít transfer property to anyone.

17. Donít cash out retirement plans or 401kís.

18. Donít take out a second mortgage.

19. Donít gamble.

20. Donít hide assets or debts.

21. Donít post photos of your assets on social media.

22. Donít take out ďpayday loansĒ.

23. Donít put your money in your kidsí bank accounts.

24. Donít omit or Ďsaveí a credit card for after your bankruptcy.

25. Donít fail to list debt to family or other ďinsidersĒ.

26. Don't write bad checks.

27. Donít borrow money.

28. Donít make major financial decisions without talking to your attorney.

29. Don't get married before filing if your spouse has a high income.

30. Donít misrepresent facts to your attorney.

31. Donít run up your credit cards in advance of filing bankruptcy.

32 Don't fail to appear at State court hearings, trial or proceedings; coordinate with your attorney.

33. Donít hide from your attorney.  Keep your attorney updated with your address, phone number and email address.

 

Jacob Silver, Attorney At Law

Office Address
26 Court Street Suite - 1201 Brooklyn, NY 11242
 
Telephone
(718) 855-3834
 
Fax
(718) 797-4141
 
Electronic mail
General Information: silverbankruptcy@gmail.com