When is the best time to file for bankruptcy? After a consultation, most attorneys allow
for their clients to wait to file until they can pay the filing fee, which can
be paid in installments. Though some
clients may want to file right away to stop foreclosures or make debts go away
sooner, there is an advantage to the time given to the clients between the
consultation and actually filing.
The gap
between deciding to go forth with the bankruptcy and filing with the court
allows for the client to have the time they need to both make the filing
payments and to gather all the documents necessary to proceed with the bankruptcy. This time gap also allows for the client and
attorney to work through all of the questions that the trustee or judge may
have for the client once the bankruptcy goes through.
For
more questions regarding the timeline of filing for bankruptcy, please contact
your local bankruptcy attorney.
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