Many people wait to the last minute to file for bankruptcy. For example, many people facing foreclosure wait until the day before the foreclosure sale to contact a chapter 13 bankruptcy attorney. During the call the individual will state that they are facing a foreclosure sale tomorrow and need to file an emergency bankruptcy petition today. This is possible, but often not optimal. It would have been far better for both the attorney and client if the individual had contacted the attorney as soon as they received notice of the foreclosure. With this advance notice the attorney and client could have drafted a solid chapter 13 plan and been well prepared for the eventual foreclosure. Instead, by waiting until the last minute the filing and preparation of the documents will be rushed. The moral of this story is to evaluate your bankruptcy options early; don't wait until the last minute.
Learn more at http://sacramentobankruptcylawyer.us/
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