Do's & Dont's of Filing Bankruptcy in Brooklyn, Manhattan, & Long Island

Filing Bankruptcy in Brooklyn, Manhattan, and in Long Island may be a confusing and very important time in your life. Hiring a Bankruptcy attorney who has the experience to handle your issue may be the solution to many of your problems and issues. The Law office Of David I Pankin has assisted over 3,500 clients on Bankruptcy, Chapter 7, Chapter 13, Debt relief, Consumer Protection, and Predatory lending matters. We have a reputation for providing personal attention to each of our clients. The following are some of the Do's and Dont's you may consider before retaining a Bankruptcy Lawyer.

      THE DO's

• Take your situation very seriously and do not pretend there is nothing is wrong. Not dealing with your debt may create more problems for you in the future and damage your ability to get future credit or loans. An experienced Bankruptcy attorney may be able to relieve you of some or all of your debts and create a fresh start for you or your family

• Make sure you research and hire the right attorney that knows the Bankruptcy system and has helped other clients in the New York City area

• Be Honest with your attorney when discussing your situation and disclose all information that can assist him or her in relieving or discharging your debts.

• Make yourself available to your Attorney and any questions he may have regarding your case. The more your attorney knows the better he or she can assist you

• Always follow your Bankruptcy attorneys advice and understand that they are there for your protection and to make sure you get a beneficial resolution to your issue

• Consider alternatives to filing Bankruptcy. Bankruptcy is not right for everyone and if you can repay your debts under certain circumstances it may be better for you to do so.

• Remember that Bankruptcy is a constitutional right and you have a legal right to utilize it to resolve your issue.

           THE DONT'S

• Pretend that your debts will go away. Ignoring the issue will in all cases make it worse.

• Consult credit consolidation or counseling agencies without consulting with an attorney first. Your attorney will already have those options available if he or she sees it as your best option. 

• Assume that Bankruptcy can get rid of all your Debts. Hiring an experienced Bankruptcy attorney will help you in deciding what can be resolved or discharged  through the Bankruptcy Process

• Talk to your creditors directly. You may direct any calls or letters to your attorney.

• Run up your Bills before filing for Bankruptcy. This may cause the court to dismiss your case as fraudulent or except those debts from your discharge

•  Spread the news of your Bankruptcy. It is a private matter and employers or friend do not have a right to know of your financial situation.

If you are contemplating filing Bankruptcy in Brooklyn, Manhattan, Nassau County, or Suffolk County, the Law offices Of David I. Pankin  offers a free consultation and will instruct you on the best course of action to help resolve your financial issue.