Filing for bankruptcy can be tricky, and since there are different types of bankruptcy, it’s important that you choose the one that is appropriate for your situation. In addition to pointing you in the right direction, a bankruptcy attorney will guide you through the process, ensuring that you understand what’s expected of you.
They can also help you get as close to your desired goal as possible. Whether it’s negotiating with creditors or advocating for your cause in a court of law, they will do everything in their power to make the outcome more favorable, and the professionals at the Law Offices of Tara M. George, PC are ready to listen to your situation.
Choosing the Right Type
Two of the most common types of bankruptcy are chapter 7 bankruptcy and chapter 13, and depending on your situation, one may be more appropriate than the other. You can trust a bankruptcy attorney in Fall River, MA to help you choose the route that is most supportive of your goals.
For example, with chapter 7 bankruptcies, you have more of an opportunity to completely wipe out certain debts. On the other hand, chapter 13 bankruptcy is more focused on repayment plans and is typically more rigid in its requirements.
When to Hire an Attorney
There are plenty of situations that warrant hiring a bankruptcy attorney, but regardless, you are always free to set up a consultation with a nearby attorney, during which you can discuss your situation and get expert advice.
Otherwise, you might want to hire an attorney when you find yourself unable to pay bills, when creditors and debt collectors are calling frequently, when your checks are bouncing, or when there is no cash flow. A bankruptcy attorney will take the details of your situation and lay out all of your options.
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