3 Reasons to Work With a Bankruptcy Attorney

Do you feel like you are in over your head with debt and you are considering filing for bankruptcy? If you’re in the greater Augusta area, Lee Ringer Law Offices should be your first option. If you are doing this for the first time, you may be wondering if hiring a bankruptcy attorney is the best option. An experienced bankruptcy lawyer can help you make decisions based on knowledge of bankruptcy law and your unique situation.

There are many reasons to why you should opt to work with a bankruptcy attorney. Here are some of the most important:

Help on determining if you should actually file for bankruptcy

It may seem as you are out of options when debts have taken over your life. However, there might be other options available for you to solve your debt issues. A bankruptcy attorney is able to look at your case and decide on whether filing for bankruptcy is the best option. The attorney will help you in making a better decision that will help you with your debts.

If this is really the only option you have and it has gotten out of your hands and you have zero resources to pay your debts, our attorneys at Lee Ringer Law Offices will help you file for bankruptcy.

Determining which chapter you should file for

Bankruptcy attorneys specialize in this topic. They know which chapter is better depending on your case. For clients that have zero income and are not able to pay the debt or don’t have the assets needed to pay out their debts, it’s recommended to file for Chapter 7 bankruptcy.

However, for clients that have assets and an income set monthly, it is recommended that their debt is restructured so they are able to pay it down. This is known as Chapter 13 bankruptcy.

Depending on your situation, the lawyer is able to decide on what’s the best alternative for you.

Working with a bankruptcy attorney will increase the odds of accepting the bankruptcy case filled.

You aren’t required to have a lawyer to file for bankruptcy. However, the odds of acceptance can increase once they are working with an attorney. When you are filing for something as important as bankruptcy, there will be lots of paperwork and important files that need to be signed in the process and with the help of the attorney you will not have to take the risk of getting it denied because of an error you made.

If you are looking into working with a bankruptcy attorney, call to Lee Ringer Law Offices to get the best help in the greater Augusta area.