Thursday, October 13, 2016
Three Ways The Right Bankruptcy Attorney Can Help You
When certain life events come up it is important to know who to call for help. Some good examples are knowing which doctor to call if you have the flu, where to go if your child needs a an after school tutor, and what company offers the best deals on services you need to keep your household running smoothly. If the life event you are currently facing has to do with having more bills than you can pay, it is critical to find the right bankruptcy attorney to help you get a fresh financial start.
Partnering with a qualified bankruptcy attorney benefits you in more ways than can be counted. But perhaps the three most important ways the right bankruptcy attorney will help you include:
• The right attorney will know how to perform the means test, which is a complex mathematical computation that is required to be performed before you file your case. Depending on how the calculation turns out you will be eligible for either a Chapter 7 case or a Chapter 13 case. Most debtors prefer a Chapter 7 because it is faster and allows you to eliminate all of your unsecured debt, while a Chapter 13 requires you to pay back some of your unsecured debt and can last up to five years. But not everyone will qualify for a Chapter 7 case and the way to find this out is to perform the means test calculation and report it to the Court. If you do not qualify under the means test for a Chapter 7 but file one anyway, you run the risk of having your case dismissed. But with the right attorney, you can rest assured the calculation will be performed properly and your case filed the right way.
• The right attorney will make sure you understand the process and answer your questions without leaving you feeling confused. If you do not get answers that satisfy you, you should continue looking for an attorney that answers your questions fully.
• The right attorney will make sure your case is filed completely, so the Trustee does not ask for additional documents. It is hard enough and time consuming enough to get the documents needed to file a case gathered, the last thing you want to do is get a call saying you need to provide more information.
We have experience with all types of cases and can give you the help you need. For answers to your most important bankruptcy questions, call our office.
If you have more questions about bankruptcy, contact us today at www.law-ri.com. We will help you get prepared for what comes after we file your case, and have multiple locations where we schedule appointments.