Before you hit that bankruptcy button, listen up!
I'll walk you through the essential things you must do before filing for bankruptcy. These steps can make a huge difference!
1. Avoid New Debt: Avoid incurring new debt or making significant financial transactions once you've decided to file for bankruptcy.
2. Attend Credit Counseling: Bankruptcy law typically requires you to attend credit counseling from an approved agency.
3. Understand Bankruptcy Chapters: Familiarize yourself with the different types of bankruptcy chapters available (e.g., Chapter 7, Chapter 13) and determine which is most suitable for you.
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