You’ve made the decision to get out from under debt through bankruptcy – now what? While filing for bankruptcy is a fantastic way for individuals to eliminate their crushing debt load, the process can seem daunting and it is hard to know where to start. A good bankruptcy lawyer takes the entire process in hand and removes the guesswork, making it possible for you to simply reap the benefits of your smart financial decision. To receive the best results, it’s important that you have a good Philadelphian lawyer. Here are several things to look for from your lawyer to guarantee your bankruptcy is done right!
- A Knowledgeable Philly Bankruptcy Attorney. It’s important to choose a bankruptcy lawyer who has a good knowledge of not only bankruptcy law but also local programs, agencies, and lenders. Make sure that your potential lawyer wants to find out more about your unique situation, takes notes, and has answers to your questions. Each case is different depending on various choices like the type of bankruptcy that you are filing, if you own a small business is involved, and whether you are willing to sell any of your property or assets. Make sure that your lawyer knows how to handle your unique case.
- Personalized Advice. While your bankruptcy lawyer is only required to take care of the work involved with bankruptcy, it is still your finances at stake. Talk to the attorney to discover if they think you would benefit from a Chapter 7 or Chapter 13 bankruptcy, and to explain what your specific case might involve. Make sure your attorney seeks to understand every facet of your financial situation and offers you advice beyond simply filing your bankruptcy – a knowledgeable bankruptcy attorney will have a lot of actionable and sound information to share from his or her years of experience.
- Filing Your Bankruptcy. Just like most court proceedings, a bankruptcy comes with a lot of paperwork involved. You will need to provide your attorney with all the details of your case so that he or she can enter it into the appropriate forms in the best way for your situation. Once the paperwork is complete, they should go over it with you to ensure accuracy and your understanding of the process. You need an attorney that will make sure all forms are filled and submitted on time to prevent possible hurdles like delays or your case being dismissed. Your lawyer should keep you up to date and informed on your case.
- Showing Up At Court. While a good portion of the bankruptcy process is done through paperwork, in some cases, you may still need to show up at court. Aside from a mandatory “341 meeting of creditors,” there may also be necessary appearances for motions and objections filed by creditors, confirmation hearings, and reaffirmation hearings. Although you may not need to appear for some of these court meetings, a good lawyer will be at your side and ready to advocate for you every step of the way.
Filing for bankruptcy can seem colossal at first, but you have already made the most important first step toward your financial freedom – you decided to pursue bankruptcy. You made the right choice for your future and the right lawyer will help you reap the benefits of your smart decision.
If you are thinking about pursuing a bankruptcy, we invite you to contact our local team of legal experts. Our bankruptcy lawyers have a good understanding of the process, a commitment to doing bankruptcy the right way, and the devotion to getting you the best bankruptcy representation possible. Contact us today to learn more about our services and how we can help you regain financial stability.
The attorneys at Sadek and Cooper Law Offices have handled thousands of Bankruptcy cases in Philadelphia and the surrounding counties of Montgomery, Delaware, Bucks, and Chester. We are also licensed in the State of New Jersey. Contact us today to schedule your free consultation at 215-545-0008.