local bankruptcy lawyerMany people struggle with acknowledging they have acquired debts that are more than their income. Bankruptcy becomes a debt relief option they consider. However, the debtor may not understand how the process begins. Once they realize that they may need to file bankruptcy or choose another debt relief option, they will need to schedule a consultation with a local bankruptcy lawyer.

Family members and friends can be sources for local referrals. Or the debtor can go online to search for a reputable bankruptcy lawyer in their area. The individual can then receive professional insight into their particular case and their personal finances. The lawyer can recommend the best way for them to regain their financial stability. Fortunately, you will be able to find a local bankruptcy lawyer that will offer the first consultation for free.

Provide Financial Information

Before you meet with the lawyer for the first time, you should be prepared to share your financial information with the lawyer. This allows the lawyer to get an accurate perception of your financial standing. As a result, the lawyer will be able to provide you with reasonable estimates in regards to the amount of time and the rates that you can expect to pay for services.

Some of the financial statements that should be included are:

  • List of creditors
  • List of assets
  • State and federal tax returns
  • List of liabilities and overdue credit card debt

Be Honest with Your Local Bankruptcy Lawyer

In order for the lawyer to help you with a successful bankruptcy discharge or to provide you with a debt relief solution, it is critical that you are completely honest with the lawyer. Being honest will be in your best interest. Do not try to hide information, assets or other facts pertinent to your case. Concealing information can lead to fraud charges against you, and it can jeopardize your lawyer’s reputation and career.

In fact, the more information that you share with your bankruptcy lawyer, the better prepared the lawyer will be to address any questions or concerns from creditors or the bankruptcy judge. Always remember that the main goal for filing bankruptcy is to get a clean financial start.

When you are facing financial issues and you are thinking about bankruptcy, consider hiring a local bankruptcy lawyer. A consultation will help you learn what your options are so you can get back on solid financial ground.

If you live in North Georgia and are considering bankruptcy, contact us to schedule a consultation today.