Is There a Chance You Not Will Qualify For Bankruptcy?

: Reese Baker & Associates

  Filed under: Filing bankruptcy

qualify, discharge, dismissal, bankruptcy attorney houston, texas bankruptcy lawyers, attorney, lawyer, attorneys, lawyers, College Station, Bryan, Houston, Texas, TX, lawyers in houston, bankruptcy attorney,Most individuals turn to the Chapter 7 or Chapter 13 bankruptcy to help them get back on their financial feet again. While this can be a most stressful procedure, utilizing the services of a qualified attorney will make the process much easier to handle. There are times however, when a bankruptcy case can be denied.

One of the most important factors about this form of debt relief is that in order to qualify, the individual applying for it has to be totally honest and prepared to cooperate with the bankruptcy trustee. If you are slack in providing the proper paperwork or providing the information that is required you are at risk of having your bankruptcy discharge denied.

Often innocent mistakes can be made when you are trying to disclose all of your financial information it is most important that you really review all of the information you are going to provide to make sure it is accurate. You can at no time make any false statements either verbally or in writing concerning what you have and what you owe and how much you make. If you have lost property or money you have to give an honest and detailed accounting for this.

You have to complete the credit counseling or the financial management course depending on which bankruptcy you are in. You also have to disclose whether you went bankrupt before.

Bankruptcy relief has been put into place to assist those that have no other options to assist them with their bad financial situation. There are a lot of great benefits to this but making sure that you are not disappointed by a denial is critically important.