3 Viable Reasons to Hire an Attorney When Filing for Chapter 13 Bankruptcy

Life can be pretty brutal in terms of managing money. You may have made the wrong decisions and are faced with crippling debt. Chapter 13 bankruptcy may be the only option left. If it is, consider hiring a chapter 13 bankruptcy lawyer. They'll help you in many ways. 

See If You're a Strong Candidate 

Before you start filling out any paperwork to file chapter 13 bankruptcy, you first need to see if you're a good candidate. Only then will you be able to move forward with confidence. A chapter 13 bankruptcy attorney can help you with this assessment.

They'll take a look to see how much debt you're in. They'll also assess your monthly income, seeing if a debt repayment plan is even possible. If you match the right criteria, your attorney will let you know. If you don't, you'll find out as well and can then pursue other debt management options. 

Assist With Paperwork

As mentioned up above, there is a lot of paperwork that has to be filled out when applying for chapter 13 bankruptcy. Since you're not a legal professional, these forms may seem intimidating.

Fortunately, a chapter 13 bankruptcy attorney can assist with this paperwork. They'll gather all of the forms that are necessary to make this filing official. They'll double-check everything you sign and fill out as well, making sure the personal information is accurate and complete. This way, you can avoid costly delays. Lastly, your attorney can break down any unfamiliar legal jargon you're not familiar with so that you know exactly what you're getting yourself into. 

Offer Protection from Creditors

When dealing with ample debt, creditors will surely try everything they can to get you to pay back what's owed. It may involve calling in the middle of the night or sending letters in the mail constantly. You won't have to put up with this type of stress when you work with a chapter 13 bankruptcy lawyer. 

As soon as they get the wheels in motion for this bankruptcy process, they can take over communications with creditors. They'll let them know you're not to be contacted because the debts are being re-structured. You can then think clearly and not have your personal life invaded by strangers. 

Debt can be a life-changer, especially if you have no way of getting out of this financial hole you put yourself in. Sometimes, the only thing left to do is hire a chapter 13 bankruptcy attorney. They'll discuss all of your financial options. If chapter 13 bankruptcy is the right move, they'll take you through the process from start to finish. 

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