When you decide to file for bankruptcy, there are many assets that are at stake, such as your family home, cars, and other personal items to which you have an emotional attachment. This, among other reasons, is why you should not proceed any further without legal representation on your side. Follow along to find out why hiring a proficient Rockland County bankruptcy attorney at The Law Offices of Allen A. Kolber, Esq., is critical for your case.
What is the importance of hiring a bankruptcy attorney?
First of all, a bankruptcy attorney will have the knowledge and experience to help you determine which type of bankruptcy you should file for to best match your financial situation. Two examples of bankruptcy options are as follows:
- Chapter 7 bankruptcy: this type of bankruptcy will allow you to discharge most of your debt (i.e., credit card debt, personal debt, medical bills, foreclosures, automobile repossessions, etc) while also allowing you to keep certain assets (i.e., bank accounts, automobiles, your family home, etc).
- Chapter 13 bankruptcy: this type of bankruptcy is best if you have significant assets or home value or if you earn above the average family income in your county. You will be allowed to keep your assets so long as you submit a plan of how you will pay your debts over the next three to five years.
In addition to this, a bankruptcy attorney can help you in any or all of the following ways:
- An attorney can protect you from creditor and collection agency harassment: these lenders can be ruthless when it comes to getting their money. So, an attorney can serve as your advocate and cease collection calls once you declare bankruptcy so that you can fully focus on how to handle your legal proceedings and how to regain your financial stability.
- An attorney can help you keep up with your paperwork: that is, bankruptcy filing requires a lot of paperwork to be submitted. And if there is a missing or incorrect document, this can further complicate and prolong your proceedings. So, an attorney can help keep track of your documents and gather the proper evidence that you need for your case.
- An attorney can mentor you during your court proceedings: that is, if you never went through this process before, the ins and outs of bankruptcy court can get quite confusing. So, an attorney can prep you for how to answer a judge’s questions, what you must disclose, and overall how to carry yourself throughout the process.
With all of this considered, you should not have to go through this scary, difficult time alone. In situations like this, it is always in your best interest to get legal support. So, without further ado, pick up the phone and call a talented bankruptcy attorney from Rockland County today. You can go ahead and schedule your initial consultation with us.