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Why Should I Hire a Bankruptcy Lawyer?

If you are experiencing financial difficulties and want to file for bankruptcy, there are many hurdles you must first overcome, such as deciding what chapter to file under and which exemptions to claim.  A bankruptcy lawyer will help guide you through this stressful and time-consuming process.  Some of the ways a bankruptcy lawyer may be able to help you include:

  • Reviewing your bankruptcy petition
  • Analyzing your financial situation
  • Preparing your bankruptcy petition
  • Attending meetings with your creditors (341 meeting)
  • Following up with your creditors, to stop any post-filing collection efforts
  • Representing you in any litigation that may arise out of the bankruptcy
  • Guiding you through the process of filing for bankruptcy
  • Explaining which one of your debts will be discharged and which ones will not
  • Explaining the different types of bankruptcies available and what chapter to file under
  • Attending court hearing on your behalf
  • Advising you regarding which exemptions to claim
  • Evaluating your assets and obligations

Filing for bankruptcy is not an easy choice to make, as it can affect you for the rest of your life.  It would be beneficial to speak to a qualified bankruptcy lawyer today.

Click to learn about Bankruptcy Law on LawInfo.

Frequently Asked Questions

  • What Is Bankruptcy?
    A bankruptcy is a legal declaration that an individual or organization is unable to pay its creditors or debts.  Bankruptcy filings are mostly regulated by laws under the jurisdiction of the … more
  • Is child support dischargeable in bankruptcy?
    Typically, child support obligations cannot be discharged through bankruptcy. Child support obligations might include other types of support as well, such as medical bills or educational expenses … more
  • Do I need an attorney to file bankruptcy?
    Federal law does not require you to have an attorney. You are allowed to file pro se, that is, on your own without an attorney. However, without the assistance of an attorney, it is extremely … more
  • Does filing for bankruptcy allow me to modify my child support obligation?
    Maybe. If your income has drastically changed for various reasons, such as layoff or illness, then you may be eligible for a modification of your child support obligation. The circumstances under … more
  • Who Can File For Bankruptcy?
    Any person, partnership, corporation or business trust may file bankruptcy. In addition, charitable or social organizations may also file for bankruptcy. United States citizenship is not a … more

Recommended Websites

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