Declaring bankruptcy means committing to a certain prescription for the financial issues you're facing. It might feel like it's too soon to declare, or it might feel like you should have filed months ago before things got worst. Confronting this ambiguity can be distressing. However, a bankruptcy attorney will tell their clients to look at a few specific factors regarding how quickly they should proceed. Now It's always tempting for a bankruptcy lawyer to tell a client that now is the best time to file.