Why You Should Hire a Bankruptcy Lawyer

Legal Tips and Resources

If you’re drowning in debt, you may have considered filing for bankruptcy. Bankruptcy can discharge most of your unsecured debts and give you a financial fresh start. However, you shouldn’t file for bankruptcy without a lawyer. Bankruptcy is a complicated process and you want someone with knowledge and experience on your side. Here are some of the important reasons to hire a bankruptcy lawyer.

You Might Not Be Aware of Other Options

When you’re dealing with a lot of debt, bankruptcy might seem like the only option. However, there may actually be better options for dealing with your financial situation. A bankruptcy lawyer will analyze your financial situation and determine if bankruptcy is your best option. If your lawyer doesn’t think bankruptcy is your best option, he or she can direct you to more suitable options.

You Might Not Know Which Type of Bankruptcy to File

There are two types of bankruptcy: Chapter 7 and Chapter 13. If you don’t have a background in law, you might not know which type of bankruptcy you qualify for or which one is best for your unique situation. Chapter 7 bankruptcy will get rid of all your debt in a short amount of time while Chapter 13 bankruptcy requires you to pay back at least a portion of your debts through a repayment plan. An experienced bankruptcy lawyer will assess your financial situation and help you determine which type of bankruptcy is right for you.

You Want Creditors to Stop Calling You

When you’re behind on your bills, you likely have creditors calling you multiple times a day. This can get pretty stressful after awhile. If you hire a bankruptcy lawyer, creditors will finally stop calling you. In fact, it’s actually illegal for them to keep contacting you after you’ve hired a bankruptcy lawyer. Once you don’t have to deal with harassing phone calls anymore, you will have a better peace of mind.

Bankruptcy Paperwork Is Complicated

Filing for bankruptcy involves a large amount of paperwork. The paperwork may contain complex legal language that the average person doesn’t understand. If you make even one error while filling these documents, it can delay your entire case. A qualified bankruptcy lawyer can help you fill out this paperwork in a timely manner and prevent you from making mistakes.

The Process Will Go Faster

Bankruptcy can be stressful, so you naturally want to get the process over with as quickly as possible. That’s why it makes sense to work with an experienced bankruptcy lawyer. He or she knows all the rules about bankruptcy and can help you get through the process in a quicker manner.

If you’re thinking about filing for bankruptcy, schedule a consultation with a chapter 7 bankruptcy lawyer. They understand how stressful it is to be in debt and want to help you get out of it.