Filing for bankruptcy isn't just something that you decide to do one day and then -- POOF -- your debts are gone. In order to achieve the best outcome in a bankruptcy case, you should start preparing weeks, months or even years ahead of time.
Many of our clients say that they think about contacting us for weeks, months or even years before finally picking up the phone or filling out our contact form online. That's because meeting with a bankruptcy lawyer can feel very intimidating. However, it doesn't have to be.
One of the major concerns for people facing the possibility of bankruptcy is the cost of actually filing for bankruptcy and paying an attorney for this process. As they are overwhelmed by piling debt and creditors calling, the thought of paying an attorney only contributes to the stress.
One of the most common questions many people ask when facing the possibility of bankruptcy is: can I keep my car? A car is necessary for most people to keep their job and remain independent. Some people also have an emotional attachment to their vehicle and would rather avoid bankruptcy than lose their car or truck.
Most people have heard about bankruptcy, but few actually understand what it means. This has led to numerous myths being passed around about the bankruptcy process and how it affects people who file. Today we are going to tackle four of the most common myths that our firm hears.