Information Pack Rat
So bankruptcy is staring you in the face, or maybe you’re facing foreclosure. I’ve been there and done that. I’ve also assisted thousands who have also been there and done that. One of the most important lessons we all learned was to be a pack rat. By that, I mean we learned the value of keeping and reading every letter and piece of correspondence to and from attorneys, creditors, the county, bankruptcy court, IRS, and any other entity involved in the bankruptcy and/or foreclosure. Here’s why:
1. To protect yourself before the bankruptcy and foreclosure are final. More often than not consumers take the approach in bankruptcy and foreclosure that they are working with highly trained professionals and avoid being actively involved and checking to make sure the paperwork is being properly done. Yes, bankruptcy attorneys and trustees and foreclosure attorneys are highly trained professionals, but they are still human and can make mistakes. Reaffirmation agreements can be missed. A second mortgage can be overlooked by the attorney. It happens.
