A bankruptcy attorney has the job of helping individuals to process this legal action in which they request that the court relieve some or all of the debt they owe. It is a long process and one with very strict requirements. During the process, the lawyer will be responsible for ensuring you are taking every step required for this process to go well. Though years ago it was common to work with the lawyer to take advantage of the system, this is no longer possible. In fact, there are restrictions on what these lawyers can do for you.
They Cannot Encourage You to Take on Debt
One of the things a bankruptcy attorney cannot do is to encourage you to take on more debt in the months leading up to the bankruptcy. In the past, lawyers sometimes encouraged the individual to max out their credit cards before filing. It may have seemed like a good idea but now the courts do not allow for this type of action. In addition, the debt of paying the attorney for the service must not be made on credit either. If your lawyer encourages you to take on more debt before filing, look for a new one.
They Cannot Make the Decision for You
It is ultimately up to you to make the decision to file or not to do so. He or she can offer a great deal of information and even tell you what is likely your best option based on the lawyer’s experience. From the information provided to the lawyer, he or she can often tell you what the best option is for the long term, such as whether filing is worthwhile and which type is best for you. However, you must make the final decision to file or not to.
What Can The Lawyer Tell You?
This professional is working for you and will tell you everything you need to know to get through the process with the best possible outcome. He or she can offer other options too, such as debt consolidation, settlement and negation services. He or she will likely provide you with a step-by-step process so you can understand what the next step is for you. It is a good idea to talk about those options fully.
A bankruptcy attorney is a person you can rely on to provide you with every bit of information you need in deciding whether to file. Schedule a consultation to begin talking about your options as well as what your limitations may be. Ultimately, you may find out that this type of information is what you need to make the decision to file.