Hi, my name is Kirsten Krueger and two years ago, I was in a car accident. I was stopped at a stop sign when the driver behind me slammed into my car. Due to my injuries, I had to spend a few days in the hospital and I was unable to work for two months. My medical care was expensive and without being able to work, I couldn't pay my bills. The car accident was stressful enough and then I had to worry about how I would pay my bills. After speaking with a car accident lawyer, it wasn't long before I was compensated for my medical bills and lost wages from work. I'm writing this blog to help others who have been a car accident and haven't received any compensation. As you read my posts, you'll learn how an attorney can help you if you're in a vehicle accident.
Falling deep into debt can create a substantial amount of misery in your life, especially when you don't make enough money to pay off creditors. Trying to pay the debts off is stressful if it leaves you in a position in which you can barely afford groceries and other necessities. If you are tired of being in the financial situation that you are in, resolving the debts might be easier than you think. Seeking assistance from an attorney about filing Chapter 7 bankruptcy might be the best way to settle the situation with creditors. The content that is in this article provides answers to important questions that you might have about filing for Chapter 7 bankruptcy.
Are There Risks Involved with Filing for Bankruptcy?
There are risks involved with filing for Chapter 7 bankruptcy. However, some of the risks might be lower if you get help from an attorney. For example, there is the risk of you losing some of your assets so creditors can be paid off. An attorney can try to convince the judge to allow you to keep some or all of your assets. There is also the risk of damaging your credit, as filing for bankruptcy is seen as negative and will stay on your record for several years before being removed.
Can Creditors Continue Calling After Bankruptcy is Filed?
It is likely that creditors might continue calling about your debts during the beginning stages of filing for Chapter 7 bankruptcy. However, after you have gone through the filing process, it is not legal for creditors to continue calling your house about the debts. The creditors can only legally call if the judge does not grant you the privilege of filing for bankruptcy. If your debts are forgiven, you can file legal charges if creditors continue to call about the debts. Simply warn them to stop calling unless they want to face legal trouble.
How Can an Attorney Get the Bankruptcy Process Started?
The first step to getting the Chapter 7 bankruptcy process started will be for the attorney to discuss what is owed to creditors. He or she will then give you ore information about what to expect during the process, such as having your case assigned to a trustee by a judge. If you agree that filing for bankruptcy is right for your situation, the attorney will begin to prepare the documents that are needed by the court. You will then have to wait for a date with the judge and eventually will get to communicate with the creditors. However, an attorney, like Todaro David M Co LPA , can handle most of the work on your behalf.
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