CALL NOW!
FREE PHONE/VIRTUAL CONSULTATION

Three Things to Discuss with Your Bankruptcy Attorney before You File

Bankruptcy can be one of the smartest financial decisions you ever make, but it is important you understand everything you can about the process before making the commitment. Bankruptcy will affect your credit rating and in the case of Chapter 13 bankruptcy, you will be obligated to commit to a repayment plan. In order to ensure you are making the right decision based on your circumstances, you should speak with a bankruptcy expert about the following:

Whether Bankruptcy is Your Best Option Based on the Pros and Cons and Your Circumstances

Bankruptcy is not right for everyone, so you need to review your situation with an expert. First, you must determine if bankruptcy is even an option and if it is, whether it is one of the preferred options. You will also want to discuss the different types of bankruptcy and determine which option is best for you.

Bankruptcy can help some people eliminate debt entirely, while for others it is a way to let them catch up on their bills and continue living in their home. On the other hand, bankruptcy does have negative aspects, so you should be sure to understand all sides of the issue before moving forward.

Where You Begin If You Decide to Go Through with Filing

Bankruptcy is a process and it can be complicated, even for those who are relatively familiar with the details. Understanding what happens at the beginning, middle, and end of a bankruptcy is important. Your initial filing must be accurate and complete, and you must follow through on any commitments you make.

Discuss with your bankruptcy attorney where to begin and what you need to know about each step of the process. List any important meetings or dates in your calendar, and ensure that all of the information the courts require is submitted in a timely fashion.

The Cost of Your Bankruptcy

Bankruptcy is not free, which might seem counterintuitive to your current financial goals. Fortunately, the price you pay for bankruptcy could be enough to save your home from foreclosure and get your financial future back on track. Make sure you understand all of the fees in advance and verify with your attorney there will be no surprise charges along the way. Ask that the fees associated with your bankruptcy be given to you in writing so you can plan accordingly.

To take a closer look at the cost of filing bankruptcy, check out this article from US News and World Report.

The bankruptcy process can be complicated, but an experienced attorney can make things easier. If you are interested in learning more about bankruptcy or you are ready to schedule a consultation, Contact the Law Offices of Robert M. Geller at 813.254.5696.

Archive

Video Testimonials

Tampa Bankruptcy Law Blog

How Does Getting Married Affect Bankruptcy?

If you are considering bankruptcy, you may be wondering how getting married affects your ability to file. The answer is...
Read More

How Does Filing for Bankruptcy Affect a Vehicle Loan?

If you're considering bankruptcy, you may be wondering if you'll be able to keep your car. The answer depends on...
Read More

8 Ways to Deal with Student Loan Debt

If you're one of the millions of Americans saddled with student loan debt, you're probably looking for ways to minimize...
Read More

Tips for Handling Credit Card Debt

If you're struggling with credit card debt, you're not alone. The average American household owes nearly $6000 in credit card...
Read More

Don’t Fall for These Common Bankruptcy Myths

There are a lot of misconceptions out there about bankruptcy. Working with a debt defense attorney is one of the...
Read More

Can Filing for Bankruptcy Affect My Career?

It’s common for people considering bankruptcy to wonder how filing affects their job. The answer to this question depends on...
Read More

Can I Fix My Credit After Bankruptcy?

Wondering how to improve credit after bankruptcy? Here's what you need to know. Bankruptcy can be a fresh start for...
Read More

What Happens If I Can’t Afford Chapter 13 Bankruptcy?

Are you wondering what happens if I can’t afford my chapter 13 payments? Here's what you need to know when...
Read More

Help I Regret Filing for Chapter 7 Bankruptcy

Bankruptcy isn't the right choice for everyone. Depending on your unique financial situation, you may be able to find other...
Read More

How a Bankruptcy Attorney Helps You Avoid Problems When Filing

Do you know what mistakes to avoid when filing for bankruptcy? If you're considering filing for bankruptcy, it's important to...
Read More

Bankruptcy

For The Next 5 Days GET A FREE BOOK About Bankruptcy

Learn More

Infographics

We are A Debt Relief Agency.
We help people file for bankruptcy under the Bankruptcy Code

Pay Online Bankruptcy Courses Newsletter Subscription

Call For A Free Initial Consultation

813.254.5696

Tampa Office

Law Offices of Robert M. Geller, P.A.
807 West Azeele Street
Tampa, FL 33606
T: (813) 254-5696
T: (800) 853-7549
F: (813) 253-3405

Map And Directions

St. Petersburg Office

Law Offices of Robert M. Geller, P.A.
125 5th Street South
(Wells Fargo Financial Center)
2nd Floor, Suite G
St. Petersburg, FL 33701
T: (727) 532-3939

Map And Directions

Pasco Office

23526 State Road 54
Lutz, FL 33559
T: (813) 336-2320

Map And Directions