Counsel
Bankruptcy may not be the only option for you to consider. A lawyer can sit you down and go over all of your potential options. They can show you the pros and cons of each option and help you make a decision that is right for you. Their counsel can help you approach your financial situation in an intelligent way rather than through fear and misinformation.
Paperwork
Bankruptcy paperwork can be lengthy with a lot of information you must collect to include. The paperwork wants a detailed list of your assets, expenses, income and debts. Failure to properly fill out the paperwork can cause a problem for your case or even cause it to be thrown out. The attorney helps properly file the paperwork and then help you throughout the process as you await a decision.
Options
A bankruptcy lawyer can show you the bankruptcy options available to you and help you choose the right one. Chapter 13 bankruptcy does not have the income limitations of Chapter 7. A repayment plan is necessary for Chapter 13 that is not included in Chapter 7. The attorney looks at all your financial history to determine what you can save in Chapter 7, what affects cosigners regardless of chapter filed and how you can repay creditors for Chapter 13.
Court
The biggest benefit of having an attorney is their court representation. For many people, attending court is daunting and scary. However, with an attorney at your side, you can rest easy knowing you have representation experienced in bankruptcy. You are not alone.
A bankruptcy lawyer like Brent George Law can help you attain financial freedom by filing for bankruptcy if that is your best option. Their legal counsel can be beneficial whether you choose to file for bankruptcy or not.