Bankruptcy Alphabet is “Plan” or “Planning”. Coach Wooden said it best: ” Failing to Plan is Planning to Fail.” While the Coach didn’t invent that saying himself (some sources credit Benjamin Franklin with the phrase), he certainly understood its meaning and consequences and used it consistently to help his students.
Failing to Plan Has Consequences
Planning leads to benefits in most aspects of life and failing to plan can lead to dire consequences.
While planning might prevent the need for filing a bankruptcy case, it is at least equally important to plan when bankruptcy is needed.
It is a risky proposition to contact a bankruptcy attorney the day before one needs to file a bankruptcy case. It leaves no time to properly prepare for the case and do things which might be critical to prevent loss of assets and/or anticipate problems and issues that might arise in a case.
There isn’t a week that goes by that I don’t get a phone call from some client telling me they have a foreclosure sale scheduled within a week and they need to do something about it. This is a foreclosure they knew was pending for at least 3 months prior, but decided it was better to trust their bank telling them that a loan modification was in progress, or trusting that things would just work out somehow. Not a wise choice.
Now is the Time to Learn More
The time to consult with a bankruptcy attorney is when you feel there might be any possibility that bankruptcy might help you. How do you know when a bankruptcy would be helpful? By contacting an experienced bankruptcy attorney in your area.
Others playing the alphabet game:
- Pay Advice–New York Lawyer, Jay Fleischman
- Phone Call Cleveland Bankruptcy Attorney, Bill Balena
- Plan Omaha and Lincoln, Nebraska Bankruptcy Attorney, Ryan D. Caldwell
- Preference Maui Bankruptcy Attorney, BankruptcyHI.com
- Preferences Colorado Springs Bankruptcy Attorney Bob Doig
- Pride Southgate, Michigan Bankruptcy Lawyer, Christopher McAvoy
- Property of the Estate Wisconsin Bankruptcy Lawyer, Bret Nason
- Property of the Estate: The key to when a lien can be stripped by the bankruptcy court. Philadelphia Suburban Bankruptcy Lawyer, Chris Carr
- Privacy Metro Richmond Consumer and Bankruptcy Attorney, Mitchell Goldstein
- Payment Jacksonville Bankruptcy Attorney, J. Dinkins G. Grange
- Preference Marin County Bankruptcy Attorney, Catherine Eranthe
- Personal Bankruptcy– Livonia Michigan Attorney, Peter Behrmann
image courtesy of takomabibelot