fbpx

When To File Bankruptcy – Is There A “Best Time”?

The best time to file bankruptcy differs for everyone.  However, if you are considering bankruptcy, the best time to talk to our team is today.  We offer free consultations regarding debt relief so today is the best day to explore your options.  

It is never too early to explore your options or prepare your case.  There are certain times that you should call our office because timing does make a difference when filing bankruptcy.  For example, we represent many clients every year who are in need of bankruptcy because of a divorce.  

It is important to talk to our team before you file your divorce, if you are thinking about bankruptcy.  This is because the filing of the divorce may make one spouse ineligible for a certain chapter of bankruptcy or it may change the assets you can keep before or after the divorce.  That is why we always urge anyone who is considering filing to talk with us first before taking any legal action such as filing for divorce or transferring an asset.  We may be able to save you from not being able to file because of the actions you took just days or weeks prior. 

It is also important to talk with us if you are being sued by a creditor or debt collector.  It is important for you to talk to us soon after being notified you are being sued because you have a limited amount of time to respond to the lawsuit. It may be advantageous for you to file an emergency bankruptcy to stop the suit or to avoid a final judgment.  

Lastly, bankruptcy can stop a garnishment, tax sale, bank levy or foreclosure.  So it is imperative to file the bankruptcy prior to the expiration of deadlines to stop those actions from taking place.  We help people every year stop these debt collection activities at the last minute, but we are also able to assist clients in avoiding these actions altogether.  So the best time to talk about your debt relief options is today.  

 

If you have any questions about the topic discussed in this article, or any bankruptcy law matter, please give us a call at Bononi & Company 724-832-2499.

Disclaimer

The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for advice regarding your individual situation. We invite you to contact us and welcome your calls, letters and electronic mail. Contacting us does not create an attorney-client relationship. Please do not send any confidential information to us until such time as an attorney-client relationship has been established.

Privacy Policy

This privacy policy discloses the privacy practices for www.bononiandbononi.com. This privacy policy applies solely to information collected by this web site. It will notify you of the following:

  1. What personally identifiable information is collected from you through the web site, how it is used and with whom it may be shared.
  2. What choices are available to you regarding the use of your data.
  3. The security procedures in place to protect the misuse of your information.
  4. How you can correct any inaccuracies in the information.

Information Collection, Use, and Sharing 
We are the sole owners of the information collected on this site. We only have access to/collect information that you voluntarily give us via email or other direct contact from you. We will not sell or rent this information to anyone.

We will use your information to respond to you, regarding the reason you contacted us. We will not share your information with any third party outside of our organization, other than as necessary.

Unless you ask us not to, we may contact you via email in the future to tell you about specials, new products or services, or changes to this privacy policy.

Your Access to and Control Over Information 
You may opt out of any future contacts from us at any time. You can do the following at any time by contacting us via the email address or phone number given on our website:

  • See what data we have about you, if any.
  • Change/correct any data we have about you.
  • Have us delete any data we have about you.
  • Express any concern you have about our use of your data.

Security 
We take precautions to protect your information. When you submit sensitive information via the website, your information is protected both online and offline.

We also protect your information offline. Only employees who need the information to perform a specific job (for example, billing or customer service) are granted access to personally identifiable information. The computers/servers in which we store personally identifiable information are kept in a secure environment.

Updates

Our Privacy Policy may change from time to time and all updates will be posted on this page.

If you feel that we are not abiding by this privacy policy, you should contact us immediately via telephone at 412-832-2499