Consumer Bankruptcy Law and Practice: 6.1.1 Explaining the Options to Clients
Whether, how, and when to file a bankruptcy petition is probably the single most important decision made in a bankruptcy case. Like most questions of legal strategy, it is rarely simple. It involves the interplay of a number of factors. Many of these are unique to each client; others turn on state law, custom, or practice in a community, or the provisions of the Bankruptcy Code.