Bankruptcy Attorney - The Legal Counsel you Need to Tackle Some Complex Legal Issues

Getting the right type of assistance and legal advice from a qualified bankruptcy attorney will ensure you get all the information that is needed to make informed legal decisions in regards to your financial situation. During your consultation, your lawyer will discuss whether filing a Chapter 7 or a Chapter 13 will be best for you. You will learn of the requirements for each one and whether or not you qualify. You should direct the creditors you owe to your bankruptcy attorneys office. Once you have begun filing your bankruptcy case, your creditors must cease from making phone calls or sending letters concerning the debts you owe them. Your creditors may face penalties if they continue to send harassing letters and phone calls concerning your debt.

Once you file your bankruptcy case, there will be a meeting between all of your creditors, your bankruptcy attorney and you in order to answer all of your questions and to go over your case. Your lawyer will schedule a meeting with you to go over your bills to ensure all of your finances are in order. A knowledgeable bankruptcy lawyer may recommend that you cease from charging anything on your credit cards while you are going through your proceedings.

If your bankruptcy attorney specializes in Chapter 7 bankruptcy cases and this is the type of bankruptcy you will be filing, you will not be filing for a plan of repayment. With a Chapter 7 bankruptcy case, your non-exempt assets will be sold off and the money will be used to pay your unsecured debts off. However, there may be a portion of these items that are exempt from liquidation. For this reason and other important aspects of filing a bankruptcy case, you should hire a knowledgeable bankruptcy attorney to assist you through the entire process.

One of the biggest misconceptions people have about filing a bankruptcy case is that they will lose everything they have. However, this is not even close to being true because what you gain once the entire process is complete is to be free from overwhelming debt. Filing bankruptcy can also take away a lot of the worry and stress you may have experience concerning your poor finances. With a knowledgeable lawyer and staff helping you along the way, you will learn about things like which items you should and should not keep. This process will help you get closer to rebuilding your credit.

Once you have completed either your Chapter 13 or Chapter 7 case successfully, the debt you had which was eligible for discharge under the law is now eliminated. At this point you can begin the process of rebuilding your credit rating. The great thing about going through the entire bankruptcy proceeding successfully is now you have learned the proper tools through the counseling of your knowledgeable bankruptcy attorney that will help you gain financial freedom. Call today, and set up an appointment for a consultation with a bankruptcy lawyer to get the answers and help you need.