Consulting With The Law Offices Of Hagen & Hagen Does Not Mean You Will Necessarily Be Filing Bankruptcy

Bankruptcy Attorneys Serving Central California Since 1970


		Saturday, July 5, 2008

Consulting With The Law Offices Of Hagen & Hagen Does Not Mean You Will Necessarily Be Filing Bankruptcy

The last thing we want to do is put someone in bankruptcy if his or her financial difficulties do not warrant the filing of bankruptcy, if filing bankruptcy would produce negative results that outweigh the corresponding positive results, or if he or she is uncomfortable about bankruptcy. We provide our clients with a thorough analysis of their financial circumstances, present them with various options, and make certain recommendations as to whether to, how to, and when to proceed. We will not hesitate to recommend against a bankruptcy filing if the circumstances so warrant.

Should I list my monthly obligations, like my utility bills, in my bankruptcy case if I am current on such payments?

Generally no. If the debtor is current on his or her payment of certain monthly obligations such as utility bills, there is no point in listing the utility company as a creditor. In fact, by listing it as a creditor, it might prompt the utility company to demand a deposit for future services.