Don't Disregard the Chapter 7 Bankruptcy Attorney

Going through a bankruptcy can be extremely embarrassing to some people. One of the things that some may try to do is hide the fact that they are going through financial difficulties. However, at one point the situation becomes almost impossible to conceal. That is because a person who is bankrupt stands a good chance of losing their home, vehicles and other important assets. Because they are already struggling monetarily, they may even decide to handle their case on their own in order to save money. In most cases, however, they soon realize that they need the assistance of a Chapter 7 bankruptcy attorney.

A skilled and experienced lawyer has years of training and hands-on experience under their belt. Therefore, they are equipped to handle the case much more efficiently and effectively than the average person. Even those who try to complete a somewhat quick study on their own, for the most part are not really able to handle a bankruptcy case. A lawyer has to graduate from a college or university, graduate from law school, pass the bar exam and even go through a character and fitness evaluation. So, it would take much more than a few weeks of internet and library research to obtain the proper knowledge to be able to function as a competent lawyer.

When filing for bankruptcy, a Chapter 7 bankruptcy attorney should also be sought, because of their understanding of all of the complications that come along with the procedure. For instance, one of the things they may decide to do is send out a Notice of the Automatic Stay to their client's creditors and payroll departments. If this step is overlooked or completed improperly it could cause serious problems for the debtor.

For example, if someone owes a credit card company or any other similar type of creditor, the company will be expecting a monthly payment, including interest. Because they are not really aware of the financial state of the people who owe them, they will not really be inclined to overlook missed payments. Therefore, the debtor will most likely be put into a credit bureau, unless they are properly notified of the situation.

Along with preventing the debtor from being placed into a credit agency, a Chapter 7 bankruptcy attorney can also help to make sure their client isn't sued for missed payments. Some companies, especially smaller ones, may decide to take this course of action if they are not aware of the financial situation. A business that was allowing the debtor to rent to own a few pieces of furniture may choose to file a lawsuit against them to get the money they are owed. Going through a bankruptcy and a lawsuit at the same time would be more than overwhelming for anyone.

So, the need for a Chapter 7 bankruptcy attorney should not be ignored. The experience, expertise and background knowledge they offer is invaluable.