Are you in heavy debts? Do you need a fresh start financially? Filing for bankruptcy could be the answer. Bankruptcy is filed when people feel they can no longer able to repay the money they owe their creditors. This process is however usually a last resort. Filing for bankruptcy can be extremely complex, and most people do not know what to do, this is why people are advised to seek the help of a Bankruptcy Attorney Ft Wayne IN. A bankruptcy attorney is an individual who has enough experience to ensure they understand everything dictated in the Bankruptcy Code.
When looking for an attorney it is important that you first understand what makes a good attorney, the following are some pointers:
* The first thing you need to do is construct a list of 2 to 3 reputed attorneys. You can do this by visiting your local government office. They will have a list of registered attorneys as well as any complaints filed against them. Once you have done that, you can search online for reviews written by people and any scandals that the government did not list.
* Once you have you 2-3 people you can contact them and book and appointment. The appointment is the perfect time to ask the attorney any questions you have about you or your case.
You should pick an attorney that you feel comfortable talking to. This is a very stressful time, and the attorney should be able to understand that. They will be the ones doing most of the work for you, this will include talking to you debtors, filing court documents and compiling your case.
If you need help filing for bankruptcy, you should contact a law firm such as Ripke Law PC. There you will find a professional Bankruptcy Attorney Ft Wayne IN that will be able to guide you through this complex process.
They will be able to go through your debts and explain to you which of the five bankruptcy options you should choose. Many people will opt for either Chapter 7 or Chapter 13. This is because chapter 7 allows the debtor to liquidate their assets, and Chapter 13 allows them to extend their loan repayment period.
To help you decide which option is the most suitable, the lawyer will look at your income, expenditure as well as assets.
Visit Ripke Law PC for more information.