what to do and what not to do

[scorpion35]

before u file for BK

Go ahead and give your opinions

[feelingnutsy]

Hi there---scorpion35---here are some cardinal rules---

1.Make sure you put a minimum of 90 days between the time
you last use a credit card---and the time that you file BK.

2.Make sure that you don't take a cash advance from a CC
within 70 days of filing.

3.Stop paying your unsecured debt.

4.Take either a mental or physical inventory of what you
own---house/furniture/general possessions---and what you're
name is on---again a house/car/truck/other vehicles/boat/other property.
This will help you at least know what you own---and what can be exempted.

[SMinGA]

Stop using your cards.

Start trying to live by a budget. Expect to spend reasonable amounts each month - which may mean cutting back in some areas and being more practical. No one expects you to live on $100 per month for food, but eating out 5x a week is not going to work.

Gather information on your income, debts. Keep copies of all check stubs - your attorney will need them for the entire 6 months before you file.

Do not give away your possessions, or attempt to sell them to family/friends for less than what they are worth. If you do sell something, get the best price you can for it and document the transaction & its value.

[NHC]

Pull copies of your bureaus.

Keep track of all the Creditors and associated Collection Agencies.

Take your debtor education class and get your certificate.