Bankruptcy doesn't have to be something bad.
It can actually be the start of something good.
Your situation is unique, and it's personal.
Your attorney should be as well.

What to Take Care of before Filing for Bankruptcy

Sometimes, debts can become overwhelming and far too much to handle. When what you owe far exceeds how much you can pay off each month, then you need to take strong and immediate action to resolve this situation. One of the best ways for you to regain control over your finances is to file for personal bankruptcy. Many people turn to bankruptcy as a method of debt resolution.

You should fully evaluate your finances before filing for bankruptcy. Some people, after further examination of their debts and incomes, realize that they can resolve their debts without filing. If you are considering filing for Chapter 7, then the Bankruptcy Abuse Prevention and Consumer Protection Act may affect you. If your monthly income is above the median income for your state, then you may not be eligible for Chapter 7. You should prepare yourself for a Chapter 13 filing, as well, just in case.

If you believe that you are ready to file for bankruptcy, there are certain measures you can take in order to best prepare yourself for what you are about to face. By taking the following steps, you can expedite the filing process:

  • Make lists of your secured and unsecured debts
  • Gather copies of your deeds and car titles
  • Compile your tax returns for the past few years
  • Get a copy of your current credit report
  • List your exempt and non-exempt property (Chapter 7 filers)

By doing the above, you can best prepare yourself for a smooth bankruptcy filing.

Contact Us

If you would like to speak with a qualified bankruptcy attorney about the steps you should take before filing for Chapter 7 or Chapter 13 bankruptcy, contact the Birmingham bankruptcy lawyers of Greenway Bankruptcy Law, LLC today at (205) 324-4000.

"When I had my power cut off because I just didn't have the money to pay the power bill, a friend suggested I call Paula Greenway. From the moment I walked in her office I felt like a burden was lifted from my shoulders."
Robin M
"I would just like to say that I was impressed by the staff of Greenway Bankruptcy Law, LLC and their attention to professionalism. They made the bankruptcy process not only pleasant but simple."
Jennifer S.
I can't tell how comforting it is to know your attorney is working on your case. I would and have recommended their service to friend and associates."Ed H.
"I would like to thank Greenway Bankruptcy Law, LLC for the way in which they handled my bankruptcy case."
Robert M.
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Greenway Bankruptcy Law, LLC
505 20th St N #1220
Birmingham, AL, 35203
Phone: (205) 324-4000
Tuscaloosa: (205) 737-3350
Gadsden: (256) 467-6650

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Greenway Bankruptcy Law, LLC All rights reserved. We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code. The following language is required pursuant to Rule 7.2, Alabama Rules of Professional Conduct. No representation is made that the quality of legal services to be performed is greater than the quality of legal services performed by other lawyers. This web site is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship.

Greenway Bankruptcy Law, LLC 505 20th St N #1220, Birmingham, AL, 35203 | Phone Number: (205) 324-4000