Why do you need a bankruptcy attorney?

Why do you need a bankruptcy attorney?

Profile photo for Min Austria
Min Austria
Assistant at Ascent Law LLC

Filing for bankruptcy is a complicated process, and an attorney can help you sort through the complexities and make sure you are filing the correct forms. Filing incorrectly can cause your case to be dismissed. You should also know that filing for bankruptcy is not the same as declaring bankruptcy. There are different forms you need to fill out, called "schedules." These schedules detail your income, assets, and expenses. You need to provide your current financial situation so your attorney can prepare a proper plan.

The bankruptcy attorney you hire can help you file for bankruptcy quickly and effectively. This is especially important if you need immediate help because you may be facing foreclosure, eviction, the loss of your car, or money garnishment. Your attorney can also handle your creditors. He or she will be able to negotiate a payment plan that will keep your property.

Your bankruptcy attorney will also organize your financial records. You may be worried that you are missing paperwork, but a good attorney can find it for you and present it to the court. This will help you avoid a 2004 (a) examination, which is an even more detailed look at your financial situation. This examination is sometimes requested by creditors who believe something is hidden or assets weren't claimed.

A bankruptcy attorney knows how to protect your assets and help you understand which debts will be discharged. Some debts do not get discharged when you file for bankruptcy, and others go away only if certain conditions are met. Your bankruptcy attorney can help you determine which ones will survive and which ones will be wiped out.

If you have any questions or need a Bankruptcy Attorney, please call this law firm for a free consultation.

Ascent Law LLC

8833 S Redwood Road Suite C

West Jordan UT 84088

(801) 676-5506

Utah Lawyer for Divorce Business Bankruptcy Probate Estates
Ascent Law helps you in divorce, bankruptcy, probate, business or criminal cases in Utah, call 801-676-5506 for a free consultation today. We want to help you.
https://www.ascentlawfirm.com

Location: Delta, UT 84624, USA

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