This transcript was auto-populated.
Transcript:
00:00
To explain what would happen during a bankruptcy consultation. Essentially, we would just have someone explain to us what exactly is going on, what’s led them to having that problems, uh, and then, uh, in particular, what type of issues that they’re looking to solve and accomplish with their case. Uh then we would go through all of their uh situation in more detail, their household income, the types and amounts of debts that they have, and people don’t have to know things down to the penny.
00:37
Just the basic estimates are are fine. Uh discuss assets such as uh house, cars, things like that, which aren’t at any risk of losing, of course. Uh and then we would explain uh all of their options uh especially chapter 7 and chapter 13 bankruptcy and explain the differences in those two and how they work and then uh the pros and cons of of all of those options as it relates to the uh specific uh person’s situation. So, uh, at that point, at the end of it, we should all have a plan of attack on where things are headed at that point.