Once you choose to go forward with filing for personal bankruptcy, the legal process starts. You will have to fill out and submit various documents and remember to attend court dates while adhering to filing dates and fees. You will also need to be aware of what you can and cannot do after you have filed for bankruptcy. All of this can be very confusing to the average individual, but a personal bankruptcy attorney can help you get through the process smoothly.
It is important that you select an attorney you feel that you can trust completely. You will be spending time with this personal bankruptcy attorney and sharing your personal information. Take your time and research bankruptcy attorneys in your area before choosing one.
Why Choose a Personal Bankruptcy Lawyer
There are some attorneys who work in several areas of law while others specialize in personal bankruptcy. An attorney who handles personal bankruptcy cases on a regular basis will be more knowledgeable about any changes to the current bankruptcy laws. You can search online or ask for referrals if you do not know any bankruptcy attorneys in your local area.
What You Should Know About Personal Bankruptcy
Individuals who want to file for bankruptcy have a choice of filing for either Chapter 7 bankruptcy or Chapter 13 bankruptcy. When you have a Chapter 7 bankruptcy discharged, the courts eliminate many of your debts. However, the courts reorganize any debts you have in Chapter 13. Under Chapter 13, individuals must repay their debts over a time frame of 3 to 5 years. An experienced bankruptcy attorney can further explain the differences between these two types of bankruptcy to you during a consultation.
What to Ask Your Personal Bankruptcy Attorney
When you are meeting with an attorney for the first time, it is important to ask which type of bankruptcy they file frequently. An attorney that files Chapter 7 bankruptcies will be able to calculate your earnings to see if you qualify. This attorney will also be more familiar with the importance of timing with Chapter 7 filings.
A personal bankruptcy attorney can help you understand the complicated process of bankruptcy filing. For more specific information that is related to your case, schedule a free consultation with a bankruptcy attorney.
The facts to your bankruptcy case are unique. Get a free consultation with our experienced and knowledgeable attorneys at Douglas Jacobson Law Firm today.