A Guide To Choose The Right Bankruptcy Attorney For Your Needs

If you are considering bankruptcy, it means you are already in financial trouble. During such a scenario, you might be confused whether you should file on your own and save the money a lawyer would charge. If you are thinking about taking this path, this could be a grave mistake. Hiring an experienced bankruptcy attorney, Brooklyn NY, is the best way forward, as you’d not only be saved from unnecessary expenses, but (saved from) a lot of aggravation as well.

The fact that bankruptcy process is complicated is undisputed because even the simple cases necessitate completing extensive forms, researching exemption laws, and following all local court rules, let alone the big ones. Even one small mistake can lead to major problems, such as losing non-exempt assets, denial of discharge of debt, or, even worse, lead to criminal charges for fraud. This is where a good bankruptcy attorney can be instrumental in avoiding these mistakes and can help their clients in many ways.

Bankruptcy can be a difficult process, and it is best to not go through this alone. If you have decided to file for bankruptcy in Brooklyn NY, then you definitely want to hire a bankruptcy law firm. There are many ways you can benefit from hiring a bankruptcy attorney, which are as follow:

1. Make an informed decision whether to file for Chapter 7 or Chapter 13 Bankruptcy, where the former allows wiping out all of your unsecured debt, whereas Chapter 13 Bankruptcy allows you to pay back your debt over time and generally takes 3-5 years to pay off the debts. An attorney with years of experience behind him will help you weigh the pros and cons of each option so that you can take the right decision.
2. Bankruptcy law can be complicated, so it’s probably in your best interest to work with an attorney. You can do all the research possible, but you may still not find out everything you need to know. Remember, even one small mistake can delay the bankruptcy process. It is important that you work with someone you can trust and feel comfortable talking to, since bankruptcy process involves disclosing a lot of personal financial information. So selecting the right law firm is of utmost importance that can make sure that you understand everything that you need to know about bankruptcy. Plus, your attorney will make sure that everything is done correctly, so you will be able to get through this process as quickly as possible.
3. So, you’re in deep financial trouble. If you have debt you cannot pay, are behind on mortgage, car and student loan payments, already maxed out six credit cards and headed that way on the seventh, then you probably have to deal with harassing phone calls. These calls can be extremely stressful. Fortunately, there is good news. You have a shot at a new life by filing for bankruptcy and you will not have to deal with this harassment anymore after that. Your attorney will contact your creditors on your behalf, which will save you stress.

Your task now is to successfully choose a bankruptcy attorney capable of getting you out of this miserable situation. Getting a referral from someone you trust (your friends and acquaintances) may be a good way to find an attorney to represent you.

Knowing what a bankruptcy attorney can and cannot do for you will help you decide whether you need a lawyer during your financial crisis. Your bankruptcy lawyer must be competent, should offer sound legal advice, expect your bankruptcy attorney to prepare and file your paperwork, and expect him to represent you at hearings. Make sure to choose a bankruptcy attorney who can work with your finances for reasonable attorney fees.

To sum it all up, a major benefit of hiring a bankruptcy lawyer is you will have some of the weight lifted off your shoulders. You’ll have someone who can answer most of your questions about bankruptcy, and also will dedicate their time and effort to your financial situation.

Law Offices of Mark Bratkovsky, PC

http://www.mblawny.com/

718. 891-0564