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Filing Bankruptcy

Filing BankruptcyFiling Bankruptcy|Turner Law Offices, P.C.

Although you can represent yourself, filing bankruptcy is much, much easier with the help of a competent bankruptcy attorney.  Unfortunately, many people who never thought that they would be in a position to declare bankruptcy have reached the point where they are considering it. Many people who find themselves under a tidal wave of debt are too afraid of filing bankruptcy fearing the negative repercussions of doing so. It seems so overwhelming to do at a time when you are already in over your head. Instead of continuing to be harassed by creditors and potentially lose everything, you can take steps to stop the bleeding and start over. Filing bankruptcy is not as difficult as it may seem. Bankruptcy allows you to begin anew, and start rebuilding your life, instead of falling farther deeper into a hole.

The Basics of Filing Bankruptcy

Filing bankruptcy can be done by hiring a bankruptcy attorney. Depending on the complexity of your finances and debts, who is involved, and what assets you want to protect, a bankruptcy lawyer can determine the best way to proceed (Chapter 7 or Chapter 13). Your bankruptcy attorney will insure that the slate is clean and you can start over. If not done properly, filing for bankruptcy can come back to bite you. Bankruptcy attorneys know how to file the paperwork properly and how to protect you best.  Generally speaking, your bankruptcy lawyer will have you complete a Bankruptcy Questionnaire, which is a very big document of required information.  All information must be answered completely and accurately.  Once the information is reviewed by the attorney, he will prepare the Bankruptcy Petition.  The Bankruptcy Petition is filed, and a Meeting of Creditors is scheduled.  At the Meeting of Creditors, the Bankruptcy Trustee will go over your Bankruptcy Petition, and may have questions.  Any creditor may be present and ask you questions.  After the meeting of creditors, if everything is in order, you will receive your discharge in about 3 months.

Advantages of Hiring a Bankruptcy Attorney

Not all attorneys practice bankruptcy law.  Most bankruptcy attorneys are also familiar with debtor-creditor laws.  Choose a bankruptcy lawyer for the following reasons:

  • Know the laws and the rules
  • Know how to protect your assets
  • Will charge a fee that is a fraction of what you stand to lose if you do it yourself improperly
  • Will be able to complete bankruptcy petition it in half the time
  • Understand bankruptcy where you know nothing about it

Hire A Competent Bankruptcy Attorney

The best way to protect yourself when you are filing bankruptcy is to find a bankruptcy lawyer who is experienced and knowledgeable in bankruptcy law. If you want more information about the bankruptcy process, request a Free Initial Consultation Online or call our office to schedule an in person consultation with one of our bankruptcy attorneys.

(615) 259-2660

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