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3 Tips for Filing Bankruptcy in Florida

Man filling out bankruptcy papers

Obtaining a fresh start through bankruptcy is a relief welcomed by many Floridians. However, the process of filing for bankruptcy in Florida can be extremely daunting and stressful. While those filing for bankruptcy will be assigned a trustee to oversee their case, many still find that getting additional help is in their best interest both financially and mentally.

 

Hire a Florida Bankruptcy Attorney

A bankruptcy attorney will guide you through every step of the process and ensure that you are making informed decisions about filing for bankruptcy. Bankruptcy is a complex area of the law. A bankruptcy lawyer will help you first determine if you should be filing in the first place, which chapter is appropriate, and will make sure that you’re getting all the protections and exemptions that you are entitled to. Filing for bankruptcy is a serious matter that could affect your finances for the rest of your life. Consulting a professional is in your best interest.

Be Honest

When you file for bankruptcy in Florida, your case will be expertly reviewed and scrutinized. The debts and assets that you claim will be checked for accuracy, so it’s best to be honest from the beginning. Any misrepresentation of your financial situation will be quickly labeled as fraud, and indicate that your case should be further scrutinized for accuracy. This can lead to your bankruptcy being denied by the court.

Don’t Try to Cheat the System

Cheating the system, or what is called engaging in furtive behavior, should be avoided. Actions such as transferring funds to another person’s account or withdrawing and trying to hide large sums of money before filing for bankruptcy will be highly scrutinized. Go about your finances in a normal matter and keep things above the board. Inform your trustee of any behavior that might be interpreted as fraud. This will prevent any delays in your case.

 

If you are thinking about filing and need a bankruptcy lawyer in Boca Raton, RLC Lawyers & Consultants are here to help you get your financial life back in order. Our experienced lawyers will guide you through the entire process and provide valuable advice that will get you back on track. Give us a call at (561) 571-9610 or email us at info@rlcfl.com.