If you are considering filing for bankruptcy, you should also consider hiring an experienced bankruptcy attorney to help you. People trying to file a claim on their own are often overwhelmed with the legal process, the paperwork, and all the stress that comes with it. Why not take the time to find someone with the knowledge who can navigate these dangerous waters?
A bankruptcy attorney will be much more familiar with the laws and practices that affect you. They are up to date with the new bankruptcy laws and will be able to negotiate on your behalf. This means that he can no longer worry about receiving calls from creditors or debt collection agencies at home or work. This means that he doesn’t have to spend every spare minute of his time reading a lot of information that almost seems to be written in another language.
Attorneys usually charge a flat fee, or sometimes they may even be paid a portion of the amount they save you. This obviously means that they are going to work harder to save you as much money as possible. They can help you figure out ways to keep your assets instead of turning them over to creditors or having your home foreclosed on. They may also negotiate to avoid having your wages garnished.
Bankruptcy firms also have plenty of resources to pass on to you once the bankruptcy process is over: They can recommend reliable services to restore your credit, for example. It is important to think long term in this process. Yes, a lawyer can be expensive, but the amount of money they can save you in the coming months or years will certainly be higher than your fee. Not to mention how much they can help you with your credit score and quality of life as you go through this painful process.
These experienced bankruptcy attorneys are out there, but they won’t come looking for you (unlike banks and debt collectors). You have to contact them. If you explain your situation and are open and honest about what you need, they will be open and honest about what they can get you. Let his experience work for you and the benefits will outweigh the costs.