Chapter 13 Bankruptcy Lawyer and What You Can Do

If you're in need of relief from your debts, hiring a Chapter 13 bankruptcy lawyer may be the best move for your situation. There is a great deal of misinformation and misunderstanding when it comes to filing for this type of relief. Only rarely will your friends give you advice that actually matches up with reality. This is why it's so important to talk to an attorney and get some advice that comes from a knowledgeable, experienced place. Don't take your chances by filing alone. Though there is nothing legally preventing you from doing so, you're opening yourself up to making mistakes that could cost you. Here is information you should know going forward. Your List In order to move forward with a Chapter 13 bankruptcy lawyer, you'll need to give the court a list of all of your creditors, the amount of debt you're in to each one, all relevant information regarding your income, your assets, and your expenses. The court will take all of this into account when determining whether or not you are eligible for relief, what the conditions are on your relief, and any actions you will be required to take. If you're going through an attorney, he will be able to look at this information and give you a pretty good idea of exactly what you'll be looking at. Collections If you're under constant barrage from collections, hiring a Chapter 13 bankruptcy lawyer could be enough to put them off for a while. Just filing in and of itself should be sufficient to put a stay on the collections process for a temporary time. This stay will not continue should your filing be rejected, of course, which is all the more reason to have an attorney on your side. In many cases, an attorney will be willing to put in a call to your creditors and get them off your back for a while as you move through the process. He will also be able to advise you on how to file so that your case is not rejected. The Truth It is extremely important that you move forward in the process with the intention to tell the truth about your financial situation. At some point, you will be required to meet with your trustee and creditors, at which time you'll be answering questions under oath. Lying during this time could put you in danger of criminal charges should you be exposed. Don't get in over your head by fabricating stories.