If you are facing major financial stress, because of mounting debts, you can feel overwhelmed and unsure of what to do. You may have tried to contact your creditors, only to find that they are unwilling to work with you. If you have tried all that you can to get out of your debt and are still finding it difficult, you have other options. Through the assistance of Thompson & DeVeny Co LPA Lawyers, you can receive the help that you need in deciding on the right bankruptcy for you and getting it properly filed.
When you first meet with the attorney, he or she will inform you of all of the information that is needed. You will need to make sure that you take time in finding information on all of the debts that you owe. It does not matter how small or how large the debts are. Each of these needs to be listed in the bankruptcy or you will be responsible for paying the debt, even though you have filed bankruptcy.
Your attorney will go over all of the different options that are available for you. Depending on whether you are filing for personal bankruptcy or for your business, you will have different options that are available. Some of these options require the liquidation of your property, while others allow you to keep your property. The attorney will help you in making the right decision for your financial needs.
Once your bankruptcy has been properly filed, a hearing will be scheduled so that a judge can make a decision on your bankruptcy. Each of your creditors will be informed that you are filing for bankruptcy so that they can be a part of the hearing, if they choose to.
Though no one wants to think about having to file bankruptcy, sometimes it is the only option. If you have exhausted all other means of settling your debt, contact Thompson & DeVeny Co LPA Lawyers today. They will be glad to take a look at your financial situation and help you to understand your options and which will work best for your needs. Visit us for more details.
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