- Child SupportDocumentation of all other sources of income, including Social Security, retirement, unemployment, child support, family assistance and rental income for the past seven months
- Spousal SupportA schedule of your current income and expenses; list all sources of income, including child support or spousal support if applicable, and all your monthly and annual expenses.
- FraudProvide thorough and accurate information. This applies both to your conversations with your bankruptcy attorney and the documents you provide to the court. Your bankruptcy attorney cannot properly represent you without complete and accurate information. And, failure to provide complete and accurate information to the bankruptcy court in your filings may constitute perjury and/or bankruptcy fraud. Consequences may range from dismissal of your bankruptcy case, to a prohibition of future filings for a period of time, to criminal charges.
- Theft
- Identity TheftWith more of our shopping being done online while we stay home and social distance there are increased opportunities for scam artists to get a hold of our credit card and banking information. This increased exposure has led to a jump in the number of identity theft reports since the shut down began. By accessing your credit score you would be able to spot suspicious behavior related to your identity that maybe the biproduct of identity theft. The sooner you spot this activity and report it the less damage can be done to your credit score. This makes it easier and faster to recover from identity theft and work towards rebuilding your credit score.
- BankruptcyNone of the information on this site should be construed as legal advice. Whether you want to know when to file bankruptcy or know if Chapter 7 bankruptcy laws can benefit you, we can only provide legal counsel after thoroughly reviewing your case.
- Foreclosure2. Debt Consolidation Loans: If you have enough income to pay your debt, but are struggling to keep up with a bunch of different minimum payments each month and paying high interest rates, a debt consolidation loan may be helpful. You may be able to take out a loan that allows you to make one monthly payment instead of several and pay a lower interest rate. But, there are two pitfalls often associated with debt consolidation loans. The first, and most serious, is that if you’re already having financial difficulty and your credit isn’t strong, you may have to provide security for the loan. For most people, that means a lien on your home, which can be risky. If it turns out you still can’t keep up payments, you could find yourself facing foreclosure. The other possible problem is that while a debt consolidation loan may offer a lower interest rate, they often stretch out payments over a longer period. That can mean paying more total interest across the life of the loan, even though the interest rate is lower.
- Debt CollectionDon't take advice from anyone but an experienced bankruptcy attorney or other professional. Your friends and family likely mean well, but much of the legal information that is floating around as common knowledge is dead wrong. And, even if someone has filed bankruptcy himself or herself in the past, every case is different. It's equally important that you do not take advice from your creditors or debt collectors. While those in the collection industry may have greater knowledge about bankruptcy and other debt collection issues than your friends and family, it is critical that you remember that their interests are not aligned with yours. Many debt collectors will say whatever they have to in order to get you to do what they want.