Are you considering filing for bankruptcy because you’ve found yourself in too much debt? Filing for bankruptcy is commonplace these days, but it’s very important that you take it seriously. If you have yet to consider hiring a lawyer to help you navigate the bankruptcy process, you should know that there are myriad benefits to doing so. Keep reading to discover just a few of these potential advantages.
Avoid Wasting Your Time
You probably realize by now that there are a few types that you can file. However, there is a specific qualification process for each type. Chapter 7 bankruptcy requires that you pass a means test to make sure that your income is low enough. Filing for Chapter 13 requires you to prove that you have enough income to meet the demands of your repayment plan. A Bankruptcy Lawyer St. Charles MO can help you avoid wasting time in filing the wrong petition by first ensuring that you meet the outlined qualifications.
Avoid Delays and Denials
You do not need a Bankruptcy Lawyer St. Charles MO to file for bankruptcy. However, the bankruptcy court expects that you’ll still file your paperwork and carry out your responsibilities in a timely and accurate manner. Unfortunately, any mistakes or failures on your part could have serious consequences, resulting in major delays in your case or a total denial of your petition. When you work with an attorney, they’ll make sure that your paperwork is mistake-free and that every one of your responsibilities is carried out without issue or delay. Click here for more details.
Learn About All Your Options
Depending on your particular case, you may be eligible for things like mortgage cramdowns or lien stripping. However, these things can only happen when you know about them and how to take advantage of them. With a Bankruptcy Lawyer St. Charles MO on your side, you’ll be able to take advantage of all of the financial relief options you currently have available to you.
Filing for bankruptcy is a huge decision, but this daunting task can be made much easier with the help of an attorney. Get in touch with the legal professionals at the Law Offices of Steven K. Brown to discover more about how you may be able to find peace of mind and real financial relief by taking advantage of your bankruptcy options.
