Can a Bankruptcy Attorney Help You Become Debt Free?

When living under the oppression of debt becomes too much to bear, your attention turns to becoming debt free. If you have substantial debt to overcome it may seem impossible. The problem isn’t so much that it’s impossible, but that you don’t know how to go about it. Should you turn to a bankruptcy attorney to get your finances out of the hole?

How much an attorney can help depends on your specific situation. If you believe bankruptcy could be the best way to become debt free in your case, then you should go in and consult with a bankruptcy attorney. Most attorneys offer a free consultation where you can ask basic questions and listen to what the attorney thinks you need to do in order to get out from under the debt.

Whether an attorney can help you beyond the consultation will depend on how they assess your situation and whether you decide to file for bankruptcy or take other options to relieving your debt. For instance, one alternative to filing bankruptcy may be to go through some type of debt counseling program. Another option for some people may be a debt consolidation arrangement. Those that are best suited to bankruptcy are those that need a bankruptcy filing to get debt free.

Bankruptcy Attorney Consultations

Whether you are sure that bankruptcy is the only way for you to relieve your debt or you just want to consider it as one of your options, the first step is to call up a local bankruptcy attorney and go in for a consultation. Initial consultations are typically free, though you will be limited to a half hour or an hour for the entire discussion.

You should come to the consultation prepared to explain your situation and show any paperwork that may help the attorney understand where you are in terms of debt. The faster you can present your situation to the attorney, the more time it leaves for them to analyze your options and give you a recommendation.

In most cases, a bankruptcy attorney will not outright say that you need to file bankruptcy. They will give you all of your options to become debt free and if you are a candidate, bankruptcy will be in the mix. In some cases this may be the best case for your situation but in other cases there may be some other options that can be considered.

Working with a Bankruptcy Attorney

During the consultation you should receive all the information regarding filing bankruptcy. You will know how much it is going to cost you to file, how long it may take for the process to work itself out, and what happens after you file. From there you can think it over and decide whether you want to do it.

If you do decide to work with the bankruptcy attorney and file, you will go back in to pay for the process and officially have the paperwork drawn up. In most cases you will then wait for someone in the attorney’s office to prepare your paperwork and submit it to the courts. During this time you can inform any debt collectors calling your home that you have filed bankruptcy and they are no longer to call you.

A debt free life is fast upon you at this point. Follow directions from the bankruptcy attorney and you will be free from the stress of debt soon.