- Don’t leave out Bank, Checking, Savings, Brokerage, Credit Union accounts from your list of accounts.
- Don’t file if your income is greater than your expenses.
- Don’t use your credit cards within the 3 months of filing.
- Don’t take Credit Card Cash Advances.
- Don’t use convenience checks.
- Don’t do balance transfers.
- Don’t pay money to Family.
- Don’t pay money to Friends.
- Don’t tell a creditor that you intend to pay.
- Don’t leave assets off of your paperwork.
- Don’t file if you are about to receive a tax refund or inheritance. Discuss the timing with your attorney.
- Don’t fail to tell your attorney about your small business, sole proprietorship, partnership, LLC, LLP, LC, corporation, or hobby.
- Don’t purchase a home shortly before filing bankruptcy without consulting your attorney.
- Don’t give or gift property to anyone.
- Don’t pay more than $600 on any past due bill.
- Don’t transfer property to anyone.
- Don’t cash out retirement plans or 401k’s.
- Don’t take out a second mortgage.
- Don’t gamble.
- Don’t hide assets or debts.
- Don’t take out “payday loans”.
- Don’t put your money in your kids’ bank accounts.
- Don’t omit or ‘save’ a credit card for after your bankruptcy.
- Don’t fail to list debt to family or other “insiders.”
- Don’t write bad checks.
- Don’t borrow money.
- Don’t forget to tell your attorney about liens you may have on your home or unpaid judgments so they can be avoided.
- Don’t make major financial decisions without talking to your attorney.
- Don’t get married before filing if your spouse has a high income.
- Don’t misrepresent facts to your attorney.
- Don’t run up your credit cards in advance of filing bankruptcy.
- Don’t fail to appear at State court hearings, trial or proceedings; coordinate with your attorney.
- Don’t hide from your attorney. Keep them up-to date with your address, phone number and email address.
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