Filing for bankruptcy is not an easy decision to make, and when you are trying to determine the best move for your finances you can feel like you’re stuck. There are many scenarios that may warrant a consultation with a lawyer. If you are dealing with the following situations, do not wait another day to meet with a bankruptcy lawyer so that you can arrive at the best solution for your case.
You need assistance with the filing process
The bankruptcy filing process is incredibly challenging to deal with. One of the requirements of filing for bankruptcy is that you must complete a debtor education course. If you miss even one of these requirements, you may not be able to move forward with the bankruptcy process. You can turn to a lawyer if you need help at any point during the process so that nothing can be left out. It is better that you ask a lawyer questions or need assistance if you are not sure how to move forward rather than risk making mistakes.
You are not sure if you qualify
Before you can file for bankruptcy, you must make sure that you have met the requirements. Some of the factors that make you eligible for bankruptcy include the type of debt that you have and your income. Since there are several types of bankruptcy categories, it can be hard to keep track of the requirements and see whether you fulfill them. A skilled Middletown, CT bankruptcy lawyer like one from The Law Offices Of Neil Crane can explain all of the requirements to you so that you can find out what next steps to take.
You want to consider other debt relief options
In addition to bankruptcy, there are other ways that you can achieve debt relief or manage your debt more efficiently. Because bankruptcy is a drastic option that should be considered a last resort, you may want to consider other debt relief options because it may offer you the solutions that you are seeking. Debt consolidation, for example, allows you to combine certain eligible debt that you have so that you can make a single payment and reduce your chance of missing a payment. Credit counseling is another way to manage your debt, and it involves learning financial planning strategies and budgeting methods to regain control of your debt.
You need help with the paperwork
Filling out paperwork can be a long process, and there are many documents that you need to organize and keep track of while you are planning to file for bankruptcy. This includes invoices, pay stubs, mortgage documents, credit card statements, and other records that you need to be able to show. A lawyer can review your documents for any errors or missing information, and make sure that you are not leaving anything out.
For more information about legal services involving bankruptcy, set up a confidential consultation with a trusted bankruptcy lawyer that you can rely on now.