FINDING A BANKRUPTCY ATTORNEY
Considering bankruptcy? You'll need a bankruptcy lawyer.
Bankruptcy is legally declaring your inability to pay your debts, and must be done with the assistance of a bankruptcy attorney. If you are worried about your debts, are being called
frequently by your creditors, losing sleep over your debt problems, or finding yourself paying for everyday expenses with your credit cards because your money is going to pay your bills,
bankruptcy may be one of the options you consider to get out of debt. If so, you will need to find a bankruptcy attorney to represent you in this action.
You can check with your friends, family or co-workers for suggestions as to a bankruptcy attorney or where to locate one. If they don't have any suggestions, try one of these sources for a bankruptcy
attorney in your area.
Bankruptcy Attorney Suggestions
- Total Bankruptcy.com has experienced bankruptcy lawyers representing clients across the United States.
- Legal Helpers are attorneys specializing in Chapter 7 and Chapter 13 bankruptcy protection.
- Lawyers.com offers information to those researching bankruptcy legal topics
- BankruptcyHome.com is a personal bankruptcy resource center. They can help to take the guess work out of the process.
- Use LegalMatch to find lawyers in your area, attorneys for your case.
Bankruptcy Facts You Can Use
If you have reached the point where you are considering filing for bankruptcy, you may be experiencing calls from your creditors demanding money. One of the reasons you may be considering this option is to stop the harrassment. Once you have retained a bankruptcy attorney, you will be able to forward these calls to your attorney for further handling.
The two most common types of bankruptcy for individuals is Chapter 7 and Chapter 13. Chapter 7 is a liquidation proceeding. The debtor turns over all non-exempt property to the bankruptcy trustee so it can be converted to cash for the creditors. On average, this is settled in about rour months. Chapter 13 bankruptcy is a reorganization bankruptcy, filed by individuals who want to pay off their debts in a 3-5 year period. Usually used by people who have non-exempt assets they do not wish to lose.
When you visit your bankruptcy attorney for the first time, you'll want to bring along a list of your creditors, including the ones you are not behind on. This includes your credit card bills, medical bills, mortgages, car payments, personal loans, etc. You'll also need a listing of your assets and income. The more information you can provide your attorney, the better he will be able to help you. You'll probably be asked to fill out a brief form as well. Your attorney will advise you what you need to bring to that first meeting.
Bankruptcy should only be used as a last resort. Simply put, bankruptcy ruins your credit for a very long time. It can affect your getting an apartment, and can even affect your employment. There are other options you should consider first, but if you have studied this out carefully and decide that bankruptcy is the only way out, we hope you find this information of value.