5 Benefits of Working with a Bankruptcy Lawyer - PowerPoint PPT Presentation

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5 Benefits of Working with a Bankruptcy Lawyer

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While you always have the right to file on your own and without legal representation, there are numerous benefits to hiring a bankruptcy lawyer. In addition, many bankruptcy lawyers do not charge extravagant hourly fees, and you should be well-aware of their fees before you ever sign an agreement. For more info: – PowerPoint PPT presentation

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Title: 5 Benefits of Working with a Bankruptcy Lawyer


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5 Benefits of Working with a Bankruptcy Lawyer
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  1. Planning for Bankruptcy
  • Determine whether there are other debt-relief
    options. It is important to explore whether any
    alternatives to bankruptcy will provide the debt
    relief you need.
  • Decide which type of bankruptcy is right for you.
    There are two main types of consumer bankruptcy,
    and they are very different from one another.

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2. Bankruptcy Preparation
  • Bankruptcy paperwork requires highly detailed
    information regarding your debts, income, assets,
    and property. Even small mistakes can cause
    serious issues in your case, including delays or
    even a case dismissal. If you omit information or
    provide false information, you might even face
    allegations of bankruptcy fraud.

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3. Representation from a Bankruptcy Lawyer
During the Case
  • Legal representation can ensure that all
    testimony is accurate and represent you at the
    creditors meeting and at any necessary court
    hearings.
  • A lawyer will know all the necessary requirements
    you must meet for a discharge and will protect
    your interests throughout the process.

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4. Addressing Residual Financial and Legal Issues
  • In some cases, creditors may disregard a debt
    discharge and may continue to attempt to collect
    a discharged debt or report late payments on your
    credit.
  • Your lawyer will know how to petition the court
    for injunctive relief to stop this type of
    situation.

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5. Guidance Post-Bankruptcy
  • Bankruptcy lawyers have seen firsthand how cases
    affect filers. They can often advise you about
    the effects of bankruptcy on your credit, and
    provide suggestions for rebuilding credit in a
    responsible and successful manner.
  • Their goal is to set you up for financial success
    and put you in the best possible position moving
    forward.

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Contact Us
We are always happy to make valuable new
contacts.
www.ahlawatassociates.com
admin_at_ahlawatasscociates.in
A-33, Lower Ground Floor, Defence Colony, New
Delhi 110024, India.
011-41023400
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