There may come a point when you have done everything you can to redeem your financial situation. But if you have hit a brick wall, the only choice left could be to file for bankruptcy.
To shed the best light on your situation, you may think that omitting or falsifying information is the right thing to do. Lying could ruin your chances of successfully filing for bankruptcy.
The following are 10 things you shouldn’t do when filing for bankruptcy:
- fail to report income;
- fail to list vehicles owned;
- not report any pending lawsuits;
- hide credit cards;
- transfer assets before you file;
- pay back a friend or family member prior to filing;
- run up your credit cards;
- file at the last minute; and
- omit any assets.
Contacting a Texas Bankruptcy Lawyer
You also should never go into a bankruptcy without securing proper legal representation. Contact an attorney at Warren & Migliaccio at 1-888-584-9614 to learn what options may be available.
In addition, our law firm offers a FREE bankruptcy guide, which outlines the different filing options and helps guide you in the direction you should go. Our guide also provides valuable tips to make sure your best financial interests are kept in mind.