What Happens at a Chapter 7 Attorney Consultation?

A Chapter 7 attorney can become your resource for financial help. Look for a lawyer that has dedicated his or her practice to this particular area of the law. In doing so, you can feel more confident that the person you are talking to and dealing with is able to provide the very best advice to you. Is this the right move for you financially? What other options are there? If you are considering bankruptcy, schedule a consultation with a lawyer to get more information about what your options may be.

The Consultation Is Your Time to Ask Questions

Many things can occur when you have a consultation with a Chapter 7 attorney. This process provides an important step in the decision making process to determine if this is the right move for your needs. A consultation is a question and answer session, but most providers will also give you the facts and figures you need. This may include some of the following things.

• You will discuss your situation at length. Most of the time, the lawyer is not going to bother asking where the debt came from to scold you but rather to help you to determine if filing bankruptcy is the best option for your needs financially.

• You will discuss how the process works including what steps are involved in this process. It is often necessary to talk about the specific limitations that you may have, too. Do you pass the Means Test? Do you need to consider filing Chapter 13 instead?

• Discuss the limitations on your finances during the time you are going through this process. The automatic stay will stop creditors from calling you but you will still be facing complications related to obtaining new credit.

• In some cases, the lawyer will work out a plan for you based on the amount of debt you have. For example, he or she will tell you what types of debts will be eliminated and which will not. For example, most tax debt, alimony, and child support cannot be eliminated but medical bills and credit card debt may be.

• You will learn what the process of filing will cost you. This will include both attorney fees as well as the costs related to filing the case in court. You will learn when those fees must be paid, too.

Overall, the goal is to find out from the Chapter 7 attorney if this form of bankruptcy is right for your needs. If so, you will then get to learn if this is the best possible option for your individual needs. Sometimes, it can be life changing for the better. Your lawyer will inform you of his or her opinion, based on experience, if this is the case.