What Should you Know About Filing for Bankruptcy and the Holidays Season?
The holidays are right around the corner, and one thing that always follows the holidays is an increase in spending. We wanted to give you some advice if you are thinking about filing for bankruptcy soon, and what you should know about filing for bankruptcy and the holidays.
Think about whether it would be smart to file for bankruptcy now or to wait for the holidays to happen. The cons to waiting for waiting to file is that there is a good chance that you will pack on more debt before the new year. There is also a chance that this could harm your case, “Plus, you won’t have to worry about using your credit cards and filing for bankruptcy after the holidays, when it could be believed that you did so for fraudulent reasons. As a matter of fact, larger “luxury” purchases on credit within 90 days of filing can hurt your case.” According to Start Fresh Today. We mention this in in our Bankruptcy FAQ page also. Keeping in mind that large purchases may hurt your chances for filing for bankruptcy should be a motivator to hurry and file before the holidays come around.
Filing for Bankruptcy earlier can help relieve you of the stresses that come with being stuck underneath debt. If you are looking for a way to get relief from your debt give your Irvine Bankruptcy Lawyer a call today! .