When individuals or couples need a fresh financial start, one of the tools that can be used to make this happen is filing for bankruptcy. However, in order to properly file for bankruptcy and to be able to move swiftly through the bankruptcy process, people may need the services of a Chapter 7 Bankruptcy Attorney in Frederick.
The Importance of an Initial Consultation
Even from the beginning of the bankruptcy process, the services of an attorney are imperative for a consultation. The initial consultation with a Chapter 7 Bankruptcy Attorney in Frederick will involve a means test that engages an individual or couple’s finances. The results of this test will determine whether a couple or individual is eligible for Chapter 7 bankruptcy or if their income requires them to file for Chapter 13 bankruptcy.
The Process of Filing for Bankruptcy
Regardless of the results, a bankruptcy attorney can begin the process of filing for bankruptcy. This is important because the filing process can be quite complicated and it’s important to make sure that the filing is done correctly the first time. Any errors that appear on an initial filing will need to be corrected. This will mean starting the filing process over again, which can further delay starting the actual bankruptcy process.
Continued Guidance During Bankruptcy
People that have never had any dealings whatsoever with bankruptcy are likely to be clueless as to the process, and this is another benefit of having a bankruptcy attorney. These attorneys understand the bankruptcy process, they understand what obligations the filer will have, and they can prepare their clients for any demands the courts may make of their time or resources. They will also assist their clients when preparing the right documentation that the courts will require throughout the bankruptcy process. This will help the process go from the initial filing to being discharged by the court in as little time as possible.
Filing for Chapter 7 bankruptcy can be a bit daunting, and it can be a bit humbling. However, if the financial situation in your life has gotten to the point where it is completely out of your control, it may be time to consider filing for bankruptcy. To learn more about the bankruptcy process or to Get legal help immediately, you’ll want to speak directly with a debt relief or bankruptcy attorney.