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Bankruptcy Forms Northern Illinois Brick & Supply, Inc Stephen J Costello 6187315

Bankruptcy Forms Northern Illinois Brick & Supply, Inc Stephen J Costello 6187315

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the following bltv program is brought to you by flaherty law please enjoy [Music] welcome to learn about law my name is kevin o'flaherty from o'flaherty law i hope you enjoyed this video if you need some help please feel free to give us a call at some things 630-324-6666-324-6666 you should not do before filing for bankruptcy so let's jump right in first we've got paying off loans so don't pay off your loans that might sound counterintuitive but it mostly applies to money owed to family members friends etc and loans like car loans boat loans even your home mortgage the reason i'm saying this is because you're going to lose out on that money anyways if you want to keep your house you should try to keep paying the mortgage for sure so keep paying that loan but the more equity you have in something the more bankruptcy trustee can pull out also paying a family member back before your creditor is considered preferential treatment and c

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