Things to Avoid before Filing Bankruptcy
The Portland, Oregon and Vancouver, Washington bankruptcy attorneys of Baxter & Baxter, LLP, are zealous advocates for our clients. Our relationship to our clients is built on trust, and it is of the utmost importance that clients are completely candid with us so that we can give fully informed advice. Some actions that consumers take prior to filing for bankruptcy in Oregon can have profound effects on the bankruptcy case once it is filed. Here is a common list of things that consumers should avoid doing once they decide to file for bankruptcy.
- Don’t sell, give away or transfer ownership of any personal property, real estate, or other property prior to filing your bankruptcy case.
- Don’t use credit cards or incur more debt.
- Don’t give money or repay loans to friends or family members.
- Don’t leave assets off your bankruptcy forms, including lawsuits, workers comp claims, or other possible cases you may have.
- Don’t take money out of retirement plans, IRAs, or 401Ks
- Talk to your lawyer if you are expecting a large tax refund.
- Don’t put your money into someone else’s bank account or put your name on someone else’s account.
- Don’t get married or move in with someone, especially if that person has a high income.
This information is presented by the Bankruptcy Practice Group of Baxter & Baxter, LLP. The Portland, Oregon bankruptcy attorneys and Vancouver WA bankruptcy lawyers of the Bankruptcy Practice Group represent individuals in Chapter 7 and Chapter 13 bankruptcies. We offer a free initial consultation. We can stop collection calls from debt collectors and home foreclosures. We can advise consumers whether to file for bankruptcy, and what form of bankruptcy to file.
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When the financial troubles of life come your way, and the creditors won’t stop calling, bankruptcy could be the right choice for you, bankruptcy will not ruin you like the debt consolidation programs often claim. It could be a fresh start provided to you by the government. After bankruptcy it could only take 2 years to rebuild your credit and get you back on track. Our law offices can help you choose your best options and get you on the road to financial recovery Discover the advantages of bankruptcy before making your next move.
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Portland, Oregon Bankruptcy Law Offices
The Portland, Oregon bankruptcy attorneys of Baxter & Baxter, LLP have offices in SW Portland, and represent consumers in Beaverton, Tigard, Hillsboro, Aloha, Tualatin, and other cities. If you would like a free consultation with an Oregon bankruptcy lawyer, call (503) 297-9031 today!
Baxter & Baxter, LLP | Portland, Oregon Bankruptcy Attorneys
Vancouver, Washington Bankruptcy Law Offices
The Vancouver, Washington bankruptcy attorneys of Baxter & Baxter, LLP have offices in SW Washington, and represent consumers in Vancouver, Clark County, and Cowlitz County. If you would like a free consultation with an Oregon bankruptcy lawyer, call (360) 574-5239 today!
Baxter & Baxter, LLP | Vancouver, WA Bankruptcy Attorneys
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