Meeting Your San Francisco Bankruptcy Lawyer [mortgageloans-protection.blogspot.com]
San Francisco Bankruptcy Attorneys, Jeena Cho and Jeff Curl, San Francisco Bankruptcy Lawyers, San Francisco Bankruptcy Law Firm, Chapter 7, Chapter 13
mortgageloans-protection.blogspot.com JC Law Group PC, San Francisco Bankruptcy Attorney
When a San Francisco bankruptcy lawyer meets his or her new client for the very first time, there may be a handful of advice or professional recommendations to help jumpstart a smooth bankruptcy process. A San Francisco bankruptcy lawyer may be likely to encourage his or her clients to be cognizant of the financial transactions that he or she makes in the near future. This is because an individual's financial records are intensely scrutinized, specifically in the months immediately prior to actually filing for bankruptcy. The San Francisco bankruptcy lawyer will explain that if there are unnecessarily luxurious or frivolous purchases in your recent history then you could very well be held accountable and be ordered to make food on those purchases. You will have to work out a payment arrangement with the creditor or company because it will not be included as part of your personal bankruptcy filing.
This can include things like shopping sprees on clothes, jewelry, or lar ge ticket electronic items. This also applies to cash advances that you might take from a credit card company. For example, if you take a cash advance out in the large sum of $ 10,000 and then file for bankruptcy a month later, then you will have to explain why you took the money and what you used it for. You should even be prepared to provide evidence of what you spent the money on. If you fail to do so then you could be held liable for that money even though you are filing for bankruptcy. If you show proof but it is not deemed a necessary expense, then you could still be held accountable for your spending. To try to avoid those complexities, you spending should largely be consistent with the past six to nine months prior to filing your personal bankruptcy paperwork. Recommend Meeting Your San Francisco Bankruptcy Lawyer Articles
