Bankruptcy can be a blessing, but it’s also a complicated process. Bankruptcy attorney help means you’ll understand the complexities of the laws governing the process that can help you get a fresh financial start.
If you want as much assurance as possible that your bankruptcy will go as planned, the guidance and support of an attorney are essential.
How can an attorney help you with the bankruptcy process?
Assessment of Your Financial Situation
One of the first things a bankruptcy attorney will do is assess your current financial situation. They’ll review your debts, your assets, and your goals. This examination provides information that is used to help you make the best decisions about your bankruptcy case.
Occasionally during this assessment, people learn that bankruptcy isn’t their best option. Others find that bankruptcy can provide them with relief and peace of mind. The next step is to figure out which chapter of bankruptcy – 13 or 7 – will best help you alleviate your financial woes.
This crucial first step is also an opportunity for you to determine if a particular attorney is right for you. A bankruptcy attorney should put you at ease and make choices that are in your best interest.
Explanation of Complex Laws
It probably comes as no surprise to learn that bankruptcy laws, like most issues governed by the judicial system, are complex. Filing for bankruptcy requires a great deal of paperwork. Even a simple misstep or mistake could result in the dismissal of your bankruptcy case.
Working with a bankruptcy attorney means you’ll have an expert helping you through the process. They work with bankruptcy laws every day and they understand how those laws affect your case. Nobody should be trying to navigate this complex system alone and nobody should be forced to deal with accusations of fraud based on mistakes. A bankruptcy attorney helps you avoid errors and ensures your bankruptcy goes as smoothly as possible.
Legal Guidance
If you’re considering bankruptcy or you’ve already filed, you already know how crafty creditors and debt collectors can be. And unfortunately, there are many cases in which the court system is on the side of these entities.
A bankruptcy attorney will help you deal with creditors and ensure that you receive the legal protection to which you are protected. Legal representation is one of the most valuable tools available to you when dealing with debt and financial issues.
Understanding the Process
A lot of people find comfort in knowing what lies ahead. A bankruptcy attorney can explain the bankruptcy process from beginning to end so you know what to expect. They’ll explain why a lot of the bankruptcy myths that exist are false and help you understand what to expect regarding your specific case.
Eliminating the unknown is one of the best ways to ease the stress of filing for bankruptcy.
Protect Assets
If you’ve procrastinated the act of filing for bankruptcy because you’re scared of losing your home or your vehicle or other assets, you aren’t alone. It’s one of the primary reasons why people postpone filing – sometimes to their financial detriment.
Bankruptcy attorney help shows you the steps needed to protect your assets against seizure. It also reduces the risk that your case won’t go as planned. A bankruptcy case handled by an attorney is about getting a fresh financial start, not handing over all of your power to the court.
Bankruptcy Attorney Help from an Experienced Firm
To learn more about what assets are at risk when you file for bankruptcy, check out this information from Bankrate.
If you’d like to know more about how a bankruptcy attorney can help you or you’re ready to file, contact the Law Office of Robert M. Geller at 813-254-5696 to schedule a free consultation.