The Basics Of Hiring An Attorney For Your Bankruptcy Filing
Posted on: 25 February 2020
If you are struggling to meet your bills and aren't sure what to do from here, you may be considering filing for bankruptcy. If so, you should reach out to a bankruptcy attorney before you make any decisions. Here's a look at why it's in your best interest to consult an attorney before you file for bankruptcy or even decide if it's the right choice for you.
An Attorney Can Assess Your Financial Situation
A bankruptcy attorney can help you to take a clear, educated look at your financial situation. They have the skills and experience with bankruptcy code. As a result, your attorney can tell you if your financial situation qualifies for bankruptcy, or if there's a better option that may help you resolve things without a bankruptcy claim.
An Attorney Can Recommend The Right Chapter
There are multiple chapters of bankruptcy that you may be eligible to file. Each chapter comes with its own benefits and requirements, so choosing the right one is important. Since bankruptcy attorneys know the law and the bankruptcy codes so well, they will help you to choose the right chapter and avoid you making a mistake that could result in a loss of assets that you aren't prepared for.
An Attorney Can Stop Creditor Calls
When you file for bankruptcy, any creditors with debts included in the bankruptcy can no longer seek payment from you. By filing your bankruptcy with an attorney, your attorney can contact the creditors on your behalf and let them know, stopping the calls that you may be struggling with. This takes the stress of those collections calls off your shoulders.
An Attorney Can Prepare You
Especially for those who have never filed bankruptcy before, the process can be intimidating. You may have no idea what's ahead for you as you file the claim. When you file for bankruptcy with the help of an attorney, you'll have support every step of the way. Your attorney will tell you what to expect of each step in the process so that you can be adequately prepared and you'll get through the process with ease.
Filing for bankruptcy is never a simple undertaking. It's a significant and emotional decision. Don't try to navigate this process by yourself when you can get the help of an attorney. Talk with a bankruptcy attorney service near you today for more information and to see if filing for bankruptcy is the right decision in your situation.Share