Spending Money Before Filing Chapter 7 Bankruptcy
If you’re considering filing for Chapter 7 bankruptcy, it is important to understand the restrictions on spending money before filing. Filing for Chapter 7 bankruptcy requires careful consideration of your financial situation and how recent expenditures may impact the success of your case. There are certain legally-required restrictions on spending money in the months leading up to filing for Chapter 7 bankruptcy, so it is critical to know what purchases are allowable, as well as potential pitfalls that could delay or even disqualify you from receiving a discharge.
Understandably, many people facing financial difficulty have already spent more than they have saved in an effort to make ends meet. At this point, it may be difficult to control all expenses prior to filing for bankruptcy.
The Law Offices of Omar Zambrano has helped thousands of people and businesses in the past to get out of the debt and start over.
Our goal is to help you find a fresh start FAST!
Schedule your free consultation today! By Calling 626-338-5505 or visiting us at 12738 Ramona Blvd Baldwin Park CA 91706