Generally, when we have clients come in who are self-employed, we ask that they provide us with a profit and loss statement for their business. The bankruptcy court looks at the last six months before filing. I’ll generally ask clients just to put together a simple revenue versus expenses, profit and loss sheet, and that’s basically how we come up with the income
The Role of Credit Counseling in Bankruptcy: How It Works and Its Benefits
Credit counseling plays a crucial role in providing individuals with essential financial education, guidance, and support as they navigate the complexities of bankruptcy proceedings such as debt relief and financial recovery. This blog by Klein Law Group will help you...