Many people find themselves with debt that they can no longer manage. All it takes is an injury that keeps you out of work or medical bills that never seem to end. Instead of staying up nights worrying about money, it makes sense to talk with a bankruptcy lawyer Valdosta and determine what can be done. Here are three ways the lawyer will help.
Is Bankruptcy The Answer?
There’s more than one way to deal with debt. The right bankruptcy lawyer Valdosta will evaluate your circumstances and advise you of what a personal bankruptcy will or will not accomplish in your case. If some type of debt relief plan would be better, the lawyer will make sure you understand how those plans work. When bankruptcy is the most practical approach, the lawyer will also help you make decisions about that option.
Identifying the Right Form of Personal Bankruptcy For You
Depending on the nature of your debt, one form of personal bankruptcy may be best. Assuming all your debt is unsecured and is not classed as priority obligations, seeking a Chapter 7 bankruptcy is often the best approach. For clients who do have priority debt, a Chapter 13 that makes it possible to repay all priority obligations and possibly a portion of the unsecured debt is the best move.
Understanding What to Expect
Once a decision is made about the type of personal bankruptcy, the bankruptcy lawyer Valdosta will help you know what to expect. This often means filing documents with the court, taking a debt management course, and attending a hearing with a bankruptcy trustee. Remember that your lawyer will be with you through the entire process.
Are you in debt and not sure what to do next? The team at Charles Farrell Jr. LLC can help. Visit us at and arrange for a free consultation. Together, we can find the debt solution that’s right for you.
