What Is the Bankruptcy Filing Process Like When You Have a Lawyer?

Questions to ask your immigration lawyer

Approximately 1,221,091 Americans were overwhelmed by debt, and filed for bankruptcy in 2012. There are certain warning signs that indicate you could also be in danger of needing to file. If you use a credit card to pay for another credit card, if you are only able to afford the minimum payments, if you are not sure of how much you owe, if bill collectors call regularly, and if you are unable to pay your bills while your debt continues to grow, you may need to file.

  • How do you find a bankruptcy lawyer?
  • Before you go to hire a lawyer, it is a good idea to look for online legal help to get a basic idea of bankruptcy and its process. Hiring a lawyer should be your first priority after the research, so look for reviews and recommendations. If you need help finding the right lawyer, check with a local, legal nonprofit. They may be able to connect with appropriate resources to find a bankruptcy lawyer.

    When you decide that it is time to file for bankruptcy, the are certain fears you might have. You might worry that you will never be able to own property again, you and your spouse will both have to file if you are married, and that you will never have good credit again. Come prepared with questions to ask a lawyer, so that you can have those fears taken care of and move forward with the process.

  • What do you do when you find a bankruptcy lawyer?
  • Your lawyer will work with you to find legal forms applicable to your situation. They will help you accomplish the pre-filing credit counseling, the actual form filing, post-filing credit counseling, and the trustee and creditor meeting. Your lawyer will help to move the process along and advise you through to the end, when a ruling is made on your filing and you are either released of your debts, or given a repayment plan.

Remember that a lawyer is important in the process of filing for bankruptcy, because without representation you could be taken advantage of by those you owe money to. If you need legal help, it is always best to speak to a lawyer so that you do not unintentionally run afoul of the law. Bankruptcy can be a difficult process, but with legal help it will be significantly easier than if you had to do it alone.

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