Hello, my name is Marcy. I would like to talk to you about the various ways bankruptcy attorneys help you eliminate debt. My attorney helped me find all of the creditors that I needed to pay back. I was astounded at the number of creditors listed on the bankruptcy. Fortunately, my bankruptcy attorney assured me that my case was completely normal and possible to discharge through the court process. I hope to use this site to reassure others about their debt situation. I will share information about bankruptcy attorney services in an effort to help others tackle this difficult problem.
Sometimes the only excuse that someone may have for falling into debt is being negligent with their spending habits. Other times, someone might fall into debt because they were terminated and have not regained employment since the experience took place. Whether someone is the victim of circumstance, or a negligent spender, owing creditors comes with the stress of constant phone calls and other problems. Coming out of the financial chaos of owing debts might seem as though it is impossible to do. However, a bankruptcy attorney can assist with filing for bankruptcy and getting creditors off your back.
Choose the Ideal Chapter of Bankruptcy
There is more than one type of bankruptcy that can be filed, so choosing the right direction can be challenging. An attorney makes the challenge easier by assisting with choosing the right type of bankruptcy for your financial situation. For example, if you do not have a means of paying the money back to creditors, Chapter 7 bankruptcy might be ideal. Filing for Chapter 7 bankruptcy will get creditors off your back and you will not have to pay the debts off. If you have a way to pay creditors but need a repayment plan, Chapter 13 bankruptcy is the way to go.
Take a Stand Against the Harassment of Creditors
Consulting with an attorney is ideal for showing creditors that you are tired of their harassing phone calls. Unlike not having any success by telling creditors to stop calling on your own, an attorney creates a different presence. Hearing from an attorney shows creditors that you are serious about wanting the phone calls to stop. If you file for bankruptcy, creditors must stop asking you to pay off your debts. An attorney will let your creditors know that you have filed for bankruptcy.
Learn About Alternative Ways to Resolve Debts
Consulting with a bankruptcy attorney does not mean that they will only be helpful for filing for bankruptcy. An attorney can actually help you to avoid filing for bankruptcy as well. For example, if they feel as though you have the ability to pay off your debts if the creditors will negotiate, it might be suggested. An attorney can negotiate with creditors on your behalf, and they might be more willing to listen if you have legal counsel. Set a date for an attorney to assess your financial situation to determine if you should file for bankruptcy or not.