You Can’t Be Expected to Know Bankruptcy Laws

 

There is a reason that bankruptcy attorneys in Valdosta go to law school for so many years. The field of law is incredibly complex and there is a lot to learn. This is especially true when it comes to the area of financial laws. When it comes to bankruptcy laws it is essential to have someone on your side that has years of experience navigating this complicated area of the legal system.

Chapter 7

It is important to sit down with a lawyer to have a thorough conversation about all of the assets you own. They will be able to tell you which would face liquidation and which are safe. This is especially helpful to families of low income and to those whom most of their debts are unsecured. This includes debts like that of credit cards, medical bills and money owed after a repossession or a foreclosure. You don’t have to lose everything that you have worked so hard to gain.

Chapter 13

This is a type of bankruptcy where your assets would not be liquidated in favor of working out a financial plan with those you own. This can result in things like better terms or a lower interest rate on your debt. This will allow you to have more money left over at the end of the month because of a lower monthly payment. You can have more money go towards supporting your family.

Get a Lawyer with Real World Experience

Charles Farrell Attorney at Law has been helping his clients with bankruptcy since 1998. He is an expert when it comes to all areas of financial laws and getting his clients the debt relief, they need. By having him working in your interests you have a lawyer that not only can make your financial life easier but is passionate about doing it.

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    Author: Kendrick Wilkes

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