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Have You Made These Bankruptcy Filing Mistakes?

Posted by on Mar 22, 2017 in Uncategorized | Comments Off on Have You Made These Bankruptcy Filing Mistakes?

Bankruptcies are not as clear cut as they seem. There is a great deal of paperwork involved and if you make one mistake, the judge could dismiss your filing. If that occurs, you could be faced with legal challenges from your creditors. To keep your bankruptcy moving forward, you need to avoid the following mistakes.   Paying Creditors Before Filing Although it might seem logical to try and pay off some of your debts in the immediate period leading up to a bankruptcy filing, it can actually hurt your case. When you file, a trustee will review your financial history. If he or she believes that payments made to certain creditors were questionable, he or she could send a formal notice requesting the return of the payment.   For instance, if you paid your parents back for a loan, the trustee could...

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