So you’re considering filing for bankruptcy; you’re behind on mortgage payments, credit card interest is compounding quickly and you can’t escape your creditors’ constant phone calls. Many people think to themselves, if I can’t afford to pay for my monthly expenses how can I pay for a bankruptcy attorney? The stress of merely considering filing for bankruptcy becomes too much and some people rather allow their possessions to be repossessed than to address the problem head on.
This is where a bankruptcy attorney comes in. Once you’ve decided to use an attorney, they can get the process started for you and help you address the problem and find the best solution for you and your family. They are responsible for walking you through the process and handling the mounds of complicated paperwork.
Specifically, a bankruptcy attorney will determine for you which bankruptcy is better; a Chapter 7 or 13. They will then prepare and file your petition with the courts, they will be the middle man between you and your trustee and they will meet with your creditors with you to ensure that you understand all of the terms of your filing. Filing on your own can lead to incomplete or incorrect paperwork, which can delay or even deny your petition.
Hiring an attorney is extremely helpful in the bankruptcy process because it allows you to continue working or running your business instead of taking time off to deal with your creditors and the courts. Also, if you decide that you’ve made the wrong decision in which bankruptcy is best for you, you can have your attorney switch to the more preferred option.
It’s important when searching for a bankruptcy attorney that you look for an experienced firm, who has attorneys that specialize in bankruptcy. This will be extremely helpful since they can answer any and all questions instead of needing to research the process, if they only do bankruptcy once or twice a year. If you hire an experienced and personal attorney, they may even help you with organizing your finances for you post-bankruptcy.
Basically, hiring a Waco and Killeen bankruptcy attorney is like having an agent who will stand by your side. They know the laws and won’t let you be taken advantage of or intimidated by your creditors. They can make the process much smoother and less stressful for you and can ensure a more stable financial future for you.
About the Author: Jeff Davis is the Owner of the Davis law firm and a highly experienced Waco and Killeen bankruptcy attorney. To find out more information about a Waco or Killeen bankruptcy lawyer, please visit www.jeffdavislawfirm.com.