Before filing bankruptcy, you want to consider all of your options. Some financial situations are best handled through the filing of a bankruptcy; however, there are a few instances when filing a bankruptcy might not be in your best interest. Meeting with an experienced bankruptcy attorney is your first step in preparing to file a bankruptcy. You will need to be able to discuss your income, expenses, debts and assets with your attorney. A bankruptcy attorney will help you decide what chapter of bankruptcy to file and the best time for you to file a bankruptcy case.
For more information read, “How To File Bankruptcy.”