THINGS TO AVOID DOING BEFORE FILING A BANKRUPTCY


THINGS TO AVOID DOING BEFORE FILING A BANKRUPTCY:

  1. Do not pay back any friends or relatives money that you owe them.
  2. Do not give away any assets to a friend or a relative.
  3. Don not sign over any titles for vehicles to friends or relatives.
  4. Do not lend any friends or relatives money.
  5. Do not put your money in a friend’s or relative’s bank account.
  6. Do not sell any of your assets to a friend or a relative.
  7. Do not charge large items on a credit card.
  8. Do not use your credit cards in any significant manner.
  9. Do not take out any loans.
  10. Do not grant anyone a security interest in your property.
  11. Do not gamble.

All of these actions can cause complications in a bankruptcy. If you are considering filing a bankruptcy you should speak with an attorney before doing anything on the this list.

Written by Hoglund Law

The attorneys of Hoglund law are licensed in Minnesota, Wisconsin and Ohio. Hoglund, Chwialkowski & Mrozik, PLLC is based in Roseville, Minnesota. In addition to handling cases involving bankruptcy & social security, Hoglund, Chwialkowski & Mrozik, PLLC handles faulty drugs and toxic exposure.

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