Objective Advisor in Stressful Times
Most people file for bankruptcy as a result of medical bills, job loss, and other crises. Financial troubles compound the emotional impact of these traumas. No one likes to admit that they cannot handle their issues and need help. It can be difficult to wade through numerous forms and make good decisions during this time. A bankruptcy lawyer serves as a caring, but objective, advisor who helps you protect your interests. In court proceedings, the lawyer will represent you with a professional appearance and make a good impression on the judge. The lawyer also can help you decide if you have alternatives to bankruptcy such as credit counseling services.
Expert Knowledge in Complex Law
Bankruptcy law is complex and hard for laypeople to understand. The lawyer is able to help you understand the remedies available for your particular situation. You may have special rights if you served in the military. If your losses occurred as a result of natural disasters or the actions of other people, you may have legal options other than pursuing bankruptcy. While many debts can be discharged in bankruptcy, some cannot. Your creditors are obligated to abide by rules during the process, and cannot harass you. You will also want to make sure that you understand how the bankruptcy filing will impact your credit score, and how long the filing will remain on the credit report. You could also face barriers to employment in jobs where companies run financial background checks.
If you are considering filing for bankruptcy in order to solve a financial crisis, you should consult with an attorney who can provide objective advice.