Are you considering filing for Chapter 7 or Chapter 13 bankruptcy Dallas TX? For many, it can be a scary thought to go through the bureaucratic process alone, which is where the Law Offices of William Kunofsky comes in. In reality, filing for bankruptcy Dallas TX is actually an incredibly simple, easy, and streamlined process. These four steps will get you to the bankruptcy finish line.

Step 1: Put together your financial inventory

The absolute first step for anyone considering bankruptcy is to ensure that you have all of your financial information together. This includes knowing and understanding your debts, income, assets and property, and all of your monthly household living expenses. This information may take some time for you to collect, so if you are considering bankruptcy, begin the process now. This is also great information for you to have on hand and readily available, so you should consider putting it together regardless. In order to ensure that the process for the trustee is as easy as possible, collecting this data upfront is the simplest way to go.

Step 2: Attend credit counseling

After putting together all of your financial data, an individual considering bankruptcy needs to attend a credit counseling meeting. This is critically important as you will need to prove that you have attended this counseling when you or your lawyer file your petition for bankruptcy.

Step 3: File the paperwork and attend the creditor’s meeting

After you have filed the appropriate paperwork, you will be required to attend a creditor’s meeting. This meeting will take place with each creditor for whom you are attempting to write off debt. You will be sworn under oath that you are telling the truth about your situation and that you are not attempting to get ahead or play the “game” with the bankruptcy system.

Step 4: Post-bankruptcy credit counseling

Following successful competition of bankruptcy, you will be required to attend bankruptcy counseling. This is incredibly important as we will want to figure out what got you into the situation in the first place and work with you to ensure that it does not happen again. In doing so, we are looking out for your best interests and truly and sincerely care about your personal financial growth and financial health. There are specific guidelines for how quickly this must take place following your successful completion of the bankruptcy process.

Filing for bankruptcy Dallas TX is a simple, streamlined process, especially when you connect with the Law Office of William Kunofsky. Please call us for a free bankruptcy consultation at (214) 369-1040 or visit our website for more information. We are excited to hear from you and can promise a professional, confidential consultation.