How Can a Bankruptcy Lawyer in Chesterfield Help Me?Comments Off on How Can a Bankruptcy Lawyer in Chesterfield Help Me?
A bankruptcy lawyer in Chesterfield is an attorney who specializes in bankruptcy law. They work with individuals who are thinking about filing bankruptcy to resolve their debt problems. Your lawyer will ensure that all procedures are completed correctly and offers guidance on the best way to handle the situation.
Declaring bankruptcy is not as simple as it may sound. Laws dictate which type of bankruptcy you are eligible for and your attorney will help you decide which one is applicable for you. There are two primary kinds of bankruptcy, chapter 7 and chapter 13. Each one follows its own specific guidelines and procedures. After you and your attorney determine which will work best for you, your lawyer will begin the paperwork. Documentation such as client debt, assets, proof of income and banking information is used to justify your claim and its validity with the court.
You and your attorney will complete all necessary steps and procedures and meet with your creditors. They will also serve as a liaison between you and the court and make certain that you understand exactly what the process is and work with you through it from beginning to end. Your options are outlined for you and will see if a payment schedule can be worked out instead of liquidating your assets. Your attorney’s experience and expertise in this area are invaluable. They will make sure that the process flows as smoothly as possible and that there are no surprises.
For the advice of a bankruptcy lawyer in Chesterfield, contact the attorneys at Teague & Associates, LLC, at (314) 899-4499. We are ready and able to help you during this difficult time.