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Business Bankruptcy Lawyer in Montgomery County
Location:
Philadelphia, PA
Description:
Bankruptcy Lawyer in Montgomery County What to Avoid Before Bankruptcy Bankruptcy is complicated. When filing for bankruptcy, you must account for all of your assets, liabilities, expenses and incomes. Many people make mistakes before they file their initial petition. Unfortunately, those mistakes can cause serious problems and even disqualify you from seeking bankruptcy protection. Contacting a bankruptcy lawyer in Montgomery County is always recommended to avoid costly mistakes. Bankruptcy Mistakes to Avoid: 1. Continuing to Use CreditA bankruptcy lawyer can help you to avoid costly mistakes Bankruptcy, first and foremost, is sought in good faith. Avoid using credit in the months before you file. You are seeking the court s protection because you are unable to pay your debts. The court will take a dim view of your filing status if it discovers that you continued to use credit right up until you filed. 2. Transferring Property You are not permitted to transfer property to another person as a means to shield it from collectability by a creditor. When you do make such a transfer, the transfer could be grounds for disqualification or even a fraud investigation. For more details visit us here https://www.alfredabellaw.com/bankruptcy-lawyer-montgomery-county-avoid-bankruptcy/
Category:
Legal Services
Posted:
May 26 on Claz
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