Before Filing Bankruptcy: Should You file? What To Know & Do Before You Decide.
You deserve peace of mind!
To connect with a bankruptcy lawyer — complete our online case evaluation form.
When you speak with a local bankruptcy attorney in your area, he or she will assist you in understanding your options.
He/She can help GUIDE you through the process – as opposed to going through the process on your own!
STEP ONE: Assess Financial Situation With An Attorney
This step is ESSENTIAL.
Ask yourself these few questions:
- Am I heavily in debt, with a slim chance of clearing the debt in the near future?
- Do I have a lot of credit card debt or medical bills?
- Is my home in foreclosure or are creditors threatening to foreclose?
- Is my car close to getting repossessed?
- Do I pay my bills late? Or do I only make the minimum payments on my bills?
- Are my wages currently, or in danger of, being garnished?
- Have I recently become unemployed or disabled and lost income?
- I am going through a divorce that results in an increase of expenses but a decrease in my income?
After making an honest assessment, make sure to get all the facts about bankruptcy.
Talk to a bankruptcy lawyer for free today!
STEP TWO: Should I File Chapter 7 or Chapter 13 Bankruptcy?
Your bankruptcy attorney will help you work through the logistics on this issue.
This process will involve a detailed examination of your finances.
- If you “pass” the means test, you are eligible to file for Chapter 7.
- If you “fail” the means test, you may be eligible to file a Chapter 13 petition.
After crunching numbers, your bankruptcy attorney will provide a final break down.
Talk to a Local Bankruptcy Lawyer for Free.
At Total Lawyers, we have a network of bankruptcy attorneys who can answer your bankruptcy questions.
Just complete our online case evaluation form or give us a call at 877-421-3761.