Once you have decided to file for bankruptcy, you may be eager to get started. However, there are certain situations that call for pausing your actions for a brief time. Read on so you'll know when to wait and when to act.
Luxury Purchase Problems
Credit cards are a large part of why many decide to file for chapter 7. Most credit card debt is completely discharged with chapter 7. Your credit card use before you file could cause you problems, though.
As you get older, your thoughts might turn to what will happen to your estate after you die. You might want to protect your wealth and assets from being lost or misspent. You also may have specific plans for how you want it to be executed and dispersed after your death.
However, you cannot simply rely on your friends or family members to carry out your plans precisely. Instead, you can plan out and leave the execution of your estate to an experienced local probate lawyer.
