If you know someone who is having financial difficulties, pass this along to them. It makes their lives a bit easier if they end up filing for bankruptcy: http://www.consumerhelpcentral.com/stop-before-bankruptcy/
Too many people follow their instincts and create one (or more of these traps for themselves). I hated to break the news to them. Many of the people who had these problems saw the light, told me about what they had done, and we worked out a plan to navigate through the bankruptcy process while meeting the disclosure obligations. I suspect that many of the people who did not return to sign up for me to represent them did not tell their next lawyer what they had done and took a HUGE risk that the trustee or the court would object to their discharge. The truth sets them free. Lying, may get them a discharge but it can always be set aside later.
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