A bankruptcy attorney is and attorney that focuses his or her practice on helping people or businesses eliminate debt that they are not able to pay at all or in a reasonable amount of time. Listed below are two ways that a bankruptcy attorney can assist you.
Help You Discover The Best Debt Resolution Option
The biggest way that a bankruptcy attorney can assist you is by helping you to discover the best debt resolution option. When it comes to filing a bankruptcy, the attorney will be able to help you determine which of the many types of bankruptcy filings are the most appropriate for you.
For example, if you do not have any kind of income at all and are struggling to make ends meet, the attorney may actually recommend that you file a Chapter 7 bankruptcy that essentially eliminates the vast majority of debts that you may have. If you do have some sort of income and can afford to pay some of your debts, that the attorney will likely file a Chapter 13 bankruptcy for you that will have you paying back some of your debts and allow you to keep some of your property and continue paying the debts down.
However, a bankruptcy attorney does not always have to file a bankruptcy for you in order to help you deal with your debts, mostly because he or she will have other options available for you to take advantage of. For example, the bankruptcy attorney may recommend that you allow him or her to contact your creditors directly and attempt to negotiate a more favorable payment plan or lower interest rate.
Act As A Buffer Between You And The Debt Collectors
Another way that a bankruptcy attorney can assist you is by acting as a buffer between you and the debt collectors. This is one of the most beneficial services that a bankruptcy attorney can provide because some collection agencies have been known to be especially aggressive and threatening in their attempt to collect debts. However, once a bankruptcy attorney is hired on your behalf in order to file for bankruptcy, he or she will work with the bankruptcy court to send notifications to all of your creditors stating that they must cease contacting you and only work with the bankruptcy court or your attorney.
Make an appointment with a bankruptcy attorney today in order to explore your debt resolution options and to determine which one of those options would be the best fit for your particular financial situation. A bankruptcy attorney like http://www.carvajallaw.com/ can assist you by helping you discover the best debt resolution option for you and act as a buffer between you and the debt collectors.