Bankruptcy Checklist


Here's what you need to know before filing for bankruptcy.

(1) The process begins with collecing information about your income and expense, your assets and liabilities.

(2) Get an attorney consultation (widely available for free)and consider the alternatives. If you're a homeowner, make sure your prospects for loan modification are handled properly.

(3) Understand the different bankruptcy options of Chapter 7 liquidation, Chapter 13 reorganization, and when Chapter 11 applies.

(4) Develop a plan with an event schedule

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Michael Worthington | Attorney Advertising

Written by:


Michael Worthington on:

Readers' Choice 2017
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.