As a bankruptcy lawyer, I continue to remind my clients that decreasing their expenses and future spending are important.   If clients advise me they are moving, I ask them to look to:  Decrease moving expenses before hiring a mover.

Moving expenses are significant.   

Here is an example of a Bankruptcy debtor’s decision on moving expenses:

Decrease Moving Expenses:

• Recently my relatives were moving out of state
• They could not afford to live in NJ.
• They filed for bankruptcy and were on their way to a fresh start and getting back on track   
• Most of their personal belongings were packed and moved in a van on their trips to their new location.
• They decided to pay a moving company to take some of the larger items.
• I asked what they considered to be larger items? 
• Response:   a flat screen TV approximately 42”, pot/pans, vacuum cleaner, area rugs, small desk, larger pictures, large Christmas tree and decorations, outdoor picnic table.   All items were over 10 years old.
• The cost to move these items was approximately $3,100.

Do you need to move items or leave them behind?

• After filing bankruptcy, review your moving expenses ahead of time.   
• Think about leaving these items behind and purchasing new.  
• You probably could buy brand new of all these items and spend less.
• Go on-line and sell your items through social media, Facebook local sales are great and free. 

Bankruptcy is a great way to get a fresh start.   However, you need to do a thorough examination of all your future financial decisions.

I care about my clients’ future financial successes; call me for a free consult. 

                                 Bankruptcy can be an option for you.