Yep, You Messed Up Your Bankruptcy

The process of filing for bankruptcy can be a long and complicated process. You have to deal with bankruptcy code, filing fees, and creditors who want nothing less than to take every cent that they can get from you. Add in the stress you are already feeling and you are bound to make a few mistakes…

6 Common Bankruptcy Filing Mistakes

1. Filling Out Forms Incorrectly — There are a lot of lines on that bankruptcy form. Are you sure you’re putting the right info where it goes? Did you leave a line blank? Did you sign everything? If you put the wrong info in the wrong spot, left your forms blank, or forgot a signature, your bankruptcy case could get dismissed.
2. Missing Your Deadlines — Deadlines aren’t just a suggestion. If you miss a deadline, then your case could be dead-on-arrival. Remember, the court sets these deadlines for a reason.
3. Not Knowing Bankruptcy Code — Many online sources claim that they have all the info you need to get through a bankruptcy. However, there are people who study bankruptcy law for years as part of their law degree. Can you learn everything you need to know in time for your bankruptcy case?
4. Missing The Creditor Meeting — There is usually a mandatory meeting between you and your creditors when you file for bankruptcy, and things may not go your way if you miss it.
5. Hiring The Wrong Professionals — Have you heard of a Notario Publico? They are the equivalent of an attorney in foreign countries like Mexico, but here in the U.S. a Notary Public can only do a specific set of legal tasks like certifying documents. There are a lot of scammers out there who take advantage of this confusion, so make sure you hire the right professionals to handle your bankruptcy case.
6. Going It Alone — If you’re stressed out by financial problems, then preparing documents, understanding bankruptcy code and meeting deadlines might be too much for you. Consider reaching out for help. There is a lot of help out there forpeople dealing with bankruptcy, but be sure you’re getting what you’re paying for. Bankruptcy preparers can only help you with your paperwork, they can’t give you advice on your bankruptcy case. So if you’re lost, it may be time to contact a bankruptcy attorney.

These messages were brought to you by the debt settlement attorneys at Alliance Legal LLC. Come check us out on Twitter and Facebook to learn more about dealing with your debt here in the state of Maryland.