Questions to ask your Personal Bankruptcy Advisor
In Canada, to file personal bankruptcy you meet with a bankruptcy trustee. In the United States, you meet with a bankruptcy attorney. Regardless of who you meet with, there are some basic questions you should ask.
First, find out how personal bankruptcy will impact on you. How will to impact on your credit, and your ability to borrow again in the future.
Second, ask how much filing personal bankruptcy will cost, both for professional fees and for court fees and other filing costs.
Finally, ask about bankruptcy alternatives; personal bankruptcy is a last resort, so be sure you understand all of your options.
Once you have the answers to these questions, you will be able to decide if filing personal bankruptcy is the correct option for you.
In Canada, to file personal bankruptcy you meet with a bankruptcy trustee. In the United States, you meet with a bankruptcy attorney. Regardless of who you meet with, there are some basic questions you should ask.
First, find out how personal bankruptcy will impact on you. How will to impact on your credit, and your ability to borrow again in the future.
Second, ask how much filing personal bankruptcy will cost, both for professional fees and for court fees and other filing costs.
Finally, ask about bankruptcy alternatives; personal bankruptcy is a last resort, so be sure you understand all of your options.
Once you have the answers to these questions, you will be able to decide if filing personal bankruptcy is the correct option for you.
