Why is it essential to hire a lawyer to file chapter 7 bankruptcy?
An Attorney Understands the Complicated Federal Bankruptcy Laws
Bankruptcy is governed under the United States Bankruptcy Code, which is federal law. As such, it is extremely complicated. Do not try to figure out the bankruptcy law by yourself. Luckily, there are many qualified attorneys out there who are specialized in bankruptcy law, in addition to being admitted to the state bar. Having an attorney who understands the complicated federal bankruptcy laws is crucial for success.Filing for bankruptcy can be scary, but it can also be just the right thing you need to move forward with your life. The bankruptcy process is already hard so do not hesitate to hire an attorney to make sure your case is in qualified hands. Having a qualified attorney by your side that you can rely on can greatly reduce the amount of stress and worry you may be feeling.
A Chapter 7 Bankruptcy Attorney will Fight to Protect Your Rights and Best Interests
Someone may have many reasons for filing for bankruptcy. The first major reason is that they have enormous debt and they are unable to meet their current financial obligations. More money is due to bills and creditors than is coming in. The bankruptcy laws also provide for solutions to debt obligations, which can also help to rebuild one’s credit and future financial freedom. Bankruptcy can provide a way for a person to be more financially stable in the future. If you are struggling with debt, a qualified bankruptcy attorney can look at your situation and help determine which type of bankruptcy is appropriate for your case.Chapter 7 bankruptcy, also often known as a liquidation bankruptcy, is a common type of bankruptcy that eliminates most unsecured debts. After determining Chapter 7 is appropriate for you, an attorney will help prepare a petition on your behalf to the court. The bankruptcy petition is a form that declares all your financial information, such as debt, income, and obligations. It is absolutely imperative that your bankruptcy petition is accurate and complete. An experienced bankruptcy attorney will help you every step of the process to protect your rights throughout the bankruptcy in order to maintain your best interests.
Take the Step to Financial Freedom- Reach out to an Attorney Today
No one wants to be in debt. It is not a good position to be in, especially if you have family and other important obligations. Feeling overwhelmed by debt and your bills may keep you up at night. However, many people who have been in your position have seen enormous relief by filing for Chapter 7 bankruptcy. If you have debt and do not know what to do filing for Chapter 7 bankruptcy could provide you an opportunity to eliminate many debts, prevent harassing creditors from contacting you, and provide a clean slate for you to build good credit for the future.Before filing for bankruptcy, always reach out to a Long Island Chapter 7 attorney to determine what is the best way for you to proceed. An attorney can help advocate for your best interest and protect your rights through the whole court process. Reach out to a qualified bankruptcy attorney today for advice on chapter 7 bankruptcy filing.
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Posted - 11/15/2023
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