Contact a Bankruptcy Lawyer When Filing Bankruptcy

 Many people who have extreme level of debt have unquestionably considered filing for bankruptcy shelter. Bankruptcy if done right can remove a substantial (if not all) amount of the debt you have. Even though filing for bankruptcy is ideal for those with a lot of debt, it is still a major decision that you should consult with a professional bankruptcy attorney. Just about anyone in America can apply for bankruptcy, but if you want the process to go smoothly, you should find a bankruptcy attorney who can guide you through the entire process.

Bankruptcy lawyer knows bankruptcy

There are many consequences when you are filing for bankruptcy protection. Without the aid of a bankruptcy attorney, there is a higher probability that you will miss these important facts. For example, do you know if you should be filing chapter 7 or chapter 13 bankruptcy? Generally speaking, chapter 7 bankruptcy is for those people who have no ability to pay back their creditors. If you elect to apply chapter 7 bankruptcy, you can potentially lose some of your non-exempt assets, which can be sold off to pay back the creditors. On the other hand, chapter 13 bankruptcy provides you with a way to pay back the creditors in 3-5 years. In the case of chapter 13 bankruptcy, you will not lose your house to foreclosure since it will be structured so that you can keep it for the long haul. Deciding to file chapter 7 or chapter 13 bankruptcy is not such an easy question to answer, while your bankruptcy lawyer will definitely be able to help you with it.

Bankruptcy attorney can help you realize the process

The idea of retaining a bankruptcy lawyer is to make sure you are not surprised by any affair during the bankruptcy process. Isn't it better for you to get all the facts from a bankruptcy lawyer than to find some possible solutions, which may or may not apply to you, from the Internet?

Using a bankruptcy attorney can avoid any surprises sprung from the creditors

Many people do not worry about the actions of the creditors when filing for bankruptcy. But there are some other outside forces that can alter the effect of the bankruptcy process. The creditors can take certain legal actions against you to change the outcome of the bankruptcy process. The creditors are prohibited from any collection efforts against you when you have been granted the automatic stature, which happens right after the filing of bankruptcy with the state. Even though you will be granted the automatic stay, the creditors can sidestep it by filing a motion to revoke this automatic stay privilege. Unless you are familiar with all these legal maneuvers, using a bankruptcy lawyer is the best resource to guide you through this bankruptcy process.

Winston I. Cuenant, Esq. areas of expertise include foreclosure defense, consumer chapter 7 and chapter 13 bankruptcy, corporate chapter 7 bankruptcy, contract formation, real estate litigation, and complex commercial transactions.

Contact Us for a FREE Case Review - 954-766-4271 or visit Us at http://cuenantlaw.com/ for more information.