When Do I file?
May 23rd, 2006 by Questions
I know I’m going bankrupt, but so far through cash advances on my credit cards and such, I have been able to keep myself afloat making minimum payments on all things so that no one is calling and harrassing me.
Someone told me I can’t file bankruptcy yet, I have to wait until the credit cards companies and the bank are actually yelling at me because i’m behind in payments. If I see a trustee while still ‘floating payments’ then they won’t see me as eligible for bankruptcy.
Is this true? Do I need to wait until I can’t make any of the payments or can i do it when I can show that my income don’t pay the bills I’ve racked up?