Things to do or not do prior to filing bankruptcy

1. Do tell your attorney about all accounts including checking, savings, credit union, or brokerage. Also include accounts closed within the past year.
2. Don’t use your credit cards.
3. Don’t take cash advances from credit cards.
4. Don’t do balance transfers.
5. Don’t pay back money to family, friends, or business partners
6. Do include all assets on your paperwork.
7. Do tell your attorney about your businesses including sole proprietorships, LLC/LLP, partnerships, or corporations.
8. Don’t make any major purchases prior to filing bankruptcy such as a home or automobile.
9. Don’t give gifts to anyone.
10.Don’t pay more than $600 on any past due bill.

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