I have said this before, and I will say it again, and again…, preparation for a chapter 7 bankruptcy is the key to a smooth litigation free experience in the bankruptcy court. A good way to think is in terms of at least 90 days.  Ninety days (or more) before you plan to file the initial bankruptcy petition, speak with a bankruptcy attorney.  Most likely, he/she will tell you to STOP PAYING ON YOUR CREDIT CARDS. Read the rest of this entry »