Struggling financially can put a huge strain on a family. From the insistent phone calls from bill collectors to the constant reminders, there just isn’t enough money to pay all of the bills, people want to find a way to reset their situation and get their finances in order. For many, the solution can be found in bankruptcy. Despite the process being something that a person can get through alone, there are many benefits to having skilled Attorneys in Lawrence KS provide legal representation.
Choosing the Right Type of Bankruptcy
The average person has the option of two types of bankruptcy. Some will file for chapter 7 while others will file for chapter 13. These two types of bankruptcy are completely different. One doesn’t require that all of the money be paid back. The other allows for a plan to be created to help ensure a person is able to pay his or her debts. It isn’t always easy to determine which type of bankruptcy is best without help from experienced Attorneys in Lawrence KS. If you want to know more about which type of bankruptcy is best for you, check out Joewlaw.com.
Complicated Process
While it is possible to go through the process of filing for bankruptcy alone, it isn’t easy. Many people get confused as they attempt to navigate their way through the system, making an already stressful situation even more of a concern. If even one step is missed, it can cause a family to lose their opportunity to file until they start the entire process over again. Working with an attorney means having someone else navigate the process, offering advice at every stage, and helping clients make the best possible decision to save their financial future.
Deadlines
Bankruptcy isn’t something that a person can tackle at their own pace. Certain requirements need to be met on time to ensure the process continues. It’s a lot of work to prepare the documentation, come up with a plan, and even contact debt collectors. Then, add a deadline to all of that and it can feel like filing for bankruptcy without help is next to impossible. An attorney can tackle some of the work that needs to be done and make sure that everything is done on time.
