Ft. Lauderdale Bankruptcy Attorney

Understanding the Bankruptcy Process

While there are a number of bankruptcy myths that may make bankruptcy seem unappealing, bankruptcy exists, first and foremost, to help individuals suffering under overwhelming debt. Filing for bankruptcy provides individuals with a means to take control of their finances and dig themselves out of trouble. No matter what the circumstances of your financial difficulties may be; a Ft. Lauderdale bankruptcy attorney from The McCue Law Firm will be able to talk you through and explain the sometimes-complicated bankruptcy process.

The bankruptcy Process begins when you call our firm for a consultation. Together we will go through the particulars of your financial difficulties. We will explain the differences between Chapter 7 and Chapter 13 bankruptcy, as well as explore other debt relief options, such as debt settlement or negotiation, that may not have as much of an impact on your credit. If bankruptcy does indeed seem like the best option for you, the next step would be to gather the appropriate documents in order to file an initial bankruptcy motion. These documents include your tax returns, pay stubs, bills, mortgage, other loan documents, and any letters or forms that could contribute to an accurate picture of your current financial difficulties. You are then required to complete a debt counseling session with an approved credit counseling program. Once you complete counseling we can sign your final bankruptcy documents, which stops all foreclosure, repossession, wage garnishment, and other debt litigation proceedings.

The Importance of a Bankruptcy Lawyer in the Bankruptcy Process

The bankruptcy process takes a good amount of time and energy. A good lawyer will stand by your side throughout the entire process to assist you in completing all the paperwork correctly, following the proper timeline, and not missing deadlines. An attorney will also represent you during your meeting with your creditors and your bankruptcy trustee. After this meeting, which in most cases is only a formality as creditors rarely show up, your debt will be discharged or your repayment plan will begin depending on whether you filed for Chapter 7 or 13.

Contact a Ft. Lauderdale bankruptcy attorney to learn more about the bankruptcy process.