Chapter 7 bankruptcy can be complex, especially if you don't have any experience in it. So, if you want to restructure your debts and get back on the right path to financial independence, you need to find the right lawyer for your case. Here are three key things to expect when working with a Chapter 7 attorney.
1. Handling Complicated Legal Procedures
Bankruptcy cases filed under Chapter 7are quite challenging. They involve a great deal of legal and financial documents and other files and require the services of an experienced attorney.
A telemarketer calling when you are trying to do something else is one of the most annoying things to happen in a day. Most telemarketers will only call once in a while and will honor your wishes if you tell them to not call again and even take your number off their list. Others, however, lean toward a more abusive and harassing approach.
You can sue a telemarketer or telemarketing company if you find they are engaging in harassing calls.
The decision to become a lawyer may be an easy one. Deciding which type of lawyer to become may be a little harder of a decision. There are many types of lawyers to choose from so it's important that you choose the type that you are passionate about. One option for you to choose from is a car accident attorney.
What Does a Car Accident Attorney Do?
The main goal of any lawyer is to help the client win the case.
Income figures heavily into the ability to file Chapter 7 bankruptcy. As the filer's income is compared to the state median, something called the means test allows filers to justify the need to file even with a higher income level. This is not just a routine part of the bankruptcy paperwork — it's a make-or-break deal. To find out more, read on.
What Is the Means Test?
The bankruptcy code underwent some changes in the last several years aimed at preventing wealthy people from shedding debt by filing bankruptcy.
If you have experienced a job loss either through downsizing or maybe due to a health condition, it can be very difficult to pay your bills. This could lead to getting behind and into serious debt. For some people, the debt is so serious they consider declaring bankruptcy so they can get a fresh start in their financial life without the threat of creditors.
Bankruptcy should always be a last resort when in financial straits, but you shouldn't go it alone.