Do not continue to use credit cards.
For a Chapter 7 petition, an individual is allowed to exempt no more than $150.00 in any one bank account at the time of filing the bankruptcy petition. A married couple is allowed to exempt no more than $300.00 in any one bank account or no more than $150.00 in each of two accounts. Discontinue all use of checking accounts two weeks before we will file the petition so that all checks will have cleared before filing You may use your account again one week after the bankruptcy petition is filed.
If you are involved in any auto accident after your first interview with the attorney, you must notify our office.
If you have direct deposit into your bank account of your paychecks or any other type of income, you are responsible for notifying the bank to stop this.
If you have payroll deductions from your paycheck for payment of any type of debt or loan, you are responsible for notifying your employer to stop this.
If there is any year for which you have not filed a required tax return of any kind, you must mention this to the attorney. If you expect to receive a tax refund, your bankruptcy trustee may claim a portion or all of your refund.
If there are changes of any kind on the information you have given us on the bankruptcy questionnaire (phone number, address, marital status, employment, income or expenses, sale of any property, additional creditors, etc.), it is important that you notify our office of these changes immediately.
If you are keeping your apartment or home, you must make all rental and mortgage payments when due after the petition has been filed. Also make all payments on all secured debts in a Chapter 7 bankruptcy when you wish to retain the security.
Payments to the trustee in a Chapter 13 bankruptcy must begin 30 days after the bankruptcy petition has been filed.
If you move to a new address after the petition has been filed, you must notify our office promptly. We will correct our records and also notify the court of the change.
Do not make any major financial decisions (to buy, sell, or give something away) without checking first with your attorney. Your attorney will discuss with you any possible complications or problems that these actions might cause.
If a judgment has been entered against you a lien may have attached to your home or other real property. We recommend a title search to locate liens. If liens exist, it is possible to remove them by taking appropriate legal action. These services are available for an additional fee. Hourly rates apply. Talk to your attorney if you believe a lien may have attached to your home or other real property.
Contact our office to speak with an experienced Arizona bankruptcy lawyer at Platt & Westby.
Platt & Westby is a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code. The information provided here is general and should not substitute for the advice and counsel of an attorney.
