Life has a way of throwing curve balls at you, which can sometimes force you to take drastic measures. One of the most common is unexpected financial challenges that cause bankruptcy.
Although your credit rating will be negatively impacted, filing for bankruptcy can better help you get on with your life if you’re struggling financially. But if you file, it’s important to work with experienced bankruptcy law firm. Here’s why:
Determine Your Qualifications
Bankruptcy law firms in St. Petersburg, FL, can help determine your eligibility for one of two types of bankruptcy. If you’ve lost your job and lack financial resources, you’ll could be eligible for Chapter 7 bankruptcy. This type of bankruptcy enables you to discharge all debt. With Chapter 13 bankruptcy, your debt is restructured to make your monthly living expenses more manageable.
Systematic Approach
Because your bankruptcy lawyer will be familiar with laws in Florida, he will take a systematic and proven approach to your case. He’ll also give you realistic timeframes of when your case will be resolved.
Assist With Paperwork
The filing process for bankruptcy is quite lengthy. That’s why bankruptcy law firms in St. Petersburg, FL, usually help clients fill out all the necessary forms. Your attorney will also ensure all the forms go to the appropriate parties to keep your case active.
Increase Success Rate
You’ll have a much better chance of getting some or all of your debt discharged with a bankruptcy attorney versus trying to represent yourself. The average person lacks the knowledge and experience needed to ensure their bankruptcy case goes smoothly.
Great Track Record
Top bankruptcy law firms in St. Petersburg, FL, have strong track records. Many of them have testimonials and reviews from past clients on their websites, so you’ll see what others have to say before making a commitment.
Filing for bankruptcy with an experienced attorney might not cost as much as you think. And whatever you do pay is worth the investment to get the relief bankruptcy offers!
Follow us on twitter for more updates.
