Bankruptcy is about getting a fresh start – that’s actually the definition the government gives on Chapter 7. Chapter 13 bankruptcy is more like a second chance, a longer process which gives you the opportunity to keep possessions.
This blog guide will show the basics on what can of help you can get, how to get it, and how to get a new beginning financially.
Filing Help
There are many places to get help just when you’re thinking of filing. This blog is one. There are many articles online. Perhaps the best are run by the government, where you can stay up to date on any changes in the laws. You may wonder if you’re eligible for a Chapter 7 bankruptcy, or how a Chapter 13 bankruptcy can help. Government information sites, major article sites and blogs like this one, and a consultation with a lawyer can help.
Asking Questions
There are no bad questions when it comes to bankruptcy. In fact, the more questions you ask, the better. Ask a bankruptcy lawyer, ask others who’ve filed, read blogs like this one, look on government sites– your options are many. You may wonder how much this whole process costs; a lawyer may be best for that. You may wonder how much the filing fees are, for example, or how much a bankruptcy lawyer will typically charge. Ask as many questions as possible. There are many who are willing to help.
Hiring A Lawyer
Your lawyer is perhaps the biggest asset you have. Say you need a Texas bankruptcy lawyer. You can look online, perhaps on blogs and sites like this one, make some calls, and see who has real experience and a fair rate. You want a lawyer willing to take the time to answer all your questions, who won’t overcharge you, who will be honest with you, and will help you successfully file. Filing bankruptcy is not something you can do alone; hiring a bankruptcy lawyer is always a must unless this is your profession. A good Texas bankruptcy lawyer can help you save the most assets, discharge the most debt, handle any court room problems, and also help completely stop any creditor harassment you may be having.
Saving Time and Money
Bankruptcy does take time: Chapter 7 takes several months in most cases, while Chapter 13 takes much longer, typically 3-5 years. This is because Chapter 7 effectively discharges most of your secured and unsecured debt; you start fresh in a matter of months, potentially saving thousands of dollars and a lot of legal hassle. Filing Chapter 13 is quite often about saving the time and money you put into your home and car; you can keep these if you follow a payment plan.
Succeeding
Getting bankruptcy help does lead to success. After all, it can save you tens of thousands of dollars, or allow you to keep your most valued assets while buying you time to catch up on bills. The best strategy for success is to ask as many questions as possible, to hire the right bankruptcy lawyer, and to file the right form of bankruptcy for you.
