Precarious situations you can avoid by seeking the help of bankruptcy attorneys

Guest post by Andy Masaki 

For many debtors, deciding to file for bankruptcy can be a time-consuming and intimidating decision. Bankruptcy is a legal process through which you can eliminate your debt and get them discharged to start a fresh life. Since this is a legally binding process that requires specialized knowledge and practice, you should avoid taking the plunge alone. There are bankruptcy attorneys who can offer you help in order to let you complete the bankruptcy process successfully. People sometimes wonder what bankruptcy attorneys can do for them, and if you too are wondering about the ways in which a bankruptcy attorney can help you, check out some precarious situations that you can easily avoid by seeking the assistance of a bankruptcy attorney.

·         Inability to make the decision about debts that you should discharge in bankruptcy

The most common consumer bankruptcies are Chapter 7 and Chapter 13 bankruptcy. When you make the decision to file for bankruptcy, you may be confused about which debts to choose to discharge through the process and which debts to repay or reaffirm. Making the wrong decision will come back to haunt you in the long run, and you might end up killing your fresh start before it began. You can avoid such situations by hiring a bankruptcy attorney as they will help you choose the debts you may discharge and tell you which ones to reaffirm. They will check your present financial condition before helping you.

·         Inability to decide which kind of bankruptcy to file

There are debtors who fail to choose among Chapter 7 and Chapter 13 as they’re unaware of the pros and cons of each chapter, and unaware of the way in which each type is executed. In Chapter 7 bankruptcy, you tend to discharge all your unsecured debts and with Chapter 13 you’re able to buy yourself enough time throughout which you’re able to repay a certain portion of your debts. If you hire a Chapter 13 bankruptcy attorney, he might have the right experience to inform you about the ins and outs of each kind of bankruptcy so that you can make an informed decision.

·         Harassment from your creditors and debt collection agents

Although the automatic stay bars all kind of collection calls from the debt collectors and the creditors, there are still some who keep on calling your employer and your friends and family members. But if you hire a Chapter 13 bankruptcy attorney in your state, he will ensure that the creditors and the debt collection agents call him and not his client. This will alleviate the stress of attending harassing calls and explaining the reason behind your non-payment of bills.

So, we see that bankruptcy entails a long legal process before debts may be discharged. Hiring a Chapter 13 bankruptcy attorney will always help you stay in the right direction. However, you should shop around and choose a trustworthy attorney who has your best interests in mind.