If you are burdened by debt, Chapter 7 bankruptcy could help you onto the path of financial freedom.
Here are 3 tips that could help you successfully file chapter 7 bankruptcy.
1. Choose the Right Alabama Bankruptcy Attorney
The best thing you can do when filing for Chapter 7 bankruptcy is choosing an experienced bankruptcy attorney. The right bankruptcy attorney can help guide you through the complex bankruptcy process and ensure the best outcome for you.
When looking for the right bankruptcy attorney you should consider questions such as
- Does the attorney specialize in bankruptcy?
- How many years of experience does the attorney have with filing Chapter 7 bankruptcy?
- How do past and present clients rank the attorney on Google and other sites?
- Does the attorney offer free initial consultations?
Taking time to find the right bankruptcy attorney could make all the difference in your Chapter 7 bankruptcy case.
2. Organize Your Finances
When filing Chapter 7 bankruptcy, it is most helpful to understand that type of debt you have. Be willing to organize your financial information as much as possible. Chapter 7 bankruptcy works to erase your unsecured debts. These include debts such as
- credit cards
- medical bills
- department store card charges
- payday loans
- personal loans not backed by collateral
Before your consultation, find all the current information about any of these kinds of debt you may have to ensure you can list everything you owe on your bankruptcy petition. Omitting or making mistakes about this information could diminish your fresh financial start. It could also cause you to repay a debt that might have otherwise been discharged in your Chapter 7 bankruptcy.
Once you gather all your information, your bankruptcy attorney can advise you on how bankruptcy effects your specific debts.
3. Be Honest with Your Attorney
Your bankruptcy attorney cannot provided the best bankruptcy advice unless you are honest with them.
They need to understand every aspect of your financial situation, all you owe and own, so they can know the best course of action for you to take in your bankruptcy petition.
Not being honest with your attorney could lead them to put false information on your bankruptcy documents. This could cause you not only financial difficulty but could lead to legal ramifications as bankruptcy documents are binding federal forms.
How We Can Help You File Chapter 7 Bankruptcy
Brock & Stout’s bankruptcy attorneys have been helping clients successfully file Chapter 7 bankruptcy for over 25 years. Our bankruptcy attorneys understand the complexity of the bankruptcy laws and how they apply to all types of financial situations. Past and current clients have given us high marks because we have helped so many of them get a financial fresh start.
If you are burdened by debt, don’t wait. Contact us today for a free evaluation of your financial situation. Let us work with you to see if we can get you your own financial fresh start.