Bankruptcy is certainly a difficult and time-consuming procedure. Bankruptcy lawyers are attorneys who specialize in bankruptcy law. You must select a bankruptcy attorney who is well-versed in the United States Bankruptcy Code.
The three most prevalent types of bankruptcy proceedings are:
Chapter 7: Individual petitions are addressed.
Chapter 11: Handles petitions for business restructuring and rehabilitation.
Chapter 13: Concerns about the wage earner’s strategy
Let’s take a look at the job your bankruptcy lawyer will do when you hire one from Autrey Law Firm.
Give you advice on the many alternatives accessible to you.
When you meet with a bankruptcy lawyer, they will evaluate your situation and advise you on the best course of action. They will walk you through the procedure to ensure you receive the best possible result. During the meeting, they will ask you questions to assist them to gain a better understanding of the situation. It is critical that you have precise financial data and do not rely on guessing.
It is also conceivable that they will counsel you against filing for bankruptcy because they see another option. They know how the technique works and will give you the finest advice because they have been doing it for a long time.
Handle all of the case’s documentation.
When it comes to filing for bankruptcy, a bankruptcy lawyer will gather the essential papers and file the paperwork. Depending on the circumstances, individuals may elect to file under Chapter 7 or Chapter 13. They handle everything from paying court filing costs to presenting in front of creditors’ meetings.
The aim here is to receive some type of financial assistance, and a lack of correct papers should not become an impediment later. They will make certain that there are no delays, dismissals, or other difficulties that might jeopardize your case.
When the matter goes to court, you will be represented by a lawyer.
The court requires that you attend a 341 meeting of creditors after filing. However, depending on the circumstances of your case, you may be required to attend additional hearings such as chapter 13 confirmation hearings or chapter 7 reaffirmation hearings, among others. They will also advise you on how to phrase your responses so that you get your message across without leaving any chance for misinterpretation.
The primary goal of the bankruptcy lawyer at Autrey Law Firm is to secure you a debt reduction or removal. A good bankruptcy lawyer is experienced, knowledgeable, and has excellent communication skills.
Autrey Law Firm employs a team of top bankruptcy lawyers in Grand Forks that are experienced, certified, and licensed to represent clients in federal and bankruptcy court.