Why You Should Consider Hiring a Consumer Bankruptcy Lawyer

Filing for bankruptcy can be a daunting and stressful process, especially if you’re doing it on your own. There is a lot of paperwork and legal procedures involved, and if you’re not familiar with the process, it can be easy to make mistakes that can jeopardize your case.

That’s why it’s always a good idea to consult with a consumer bankruptcy lawyer before making any decisions about filing for bankruptcy. A good bankruptcy lawyer will be able to guide you through the process and help you understand your rights and options. This blog post will discuss some of the reasons why you should consider hiring a consumer bankruptcy lawyer.

About Consumer Bankruptcy Lawyer

A consumer bankruptcy attorney is a lawyer who specializes in helping people file for bankruptcy. If you’re considering filing for bankruptcy, it’s a good idea to consult with a consumer bankruptcy lawyer to discuss your options and make sure you understand the process.

There are two types of bankruptcies that individuals can file: Chapter 7 and Chapter 13. Chapter 7 bankruptcy is also known as liquidation bankruptcy, and it’s the most common type of bankruptcy filed by individuals. Under Chapter 7, your assets are sold to pay off your debts.

Chapter 13 bankruptcy is also known as reorganization bankruptcy, and it’s typically filed by people who have a regular source of income. Under Chapter 13, you create a repayment plan to repay your debts over a three- to five-year period.

Reasons to Hire a Consumer Bankruptcy Lawyer

Here are some of the key reasons why you should consider hiring a consumer bankruptcy attorney:

Bankruptcy is a complex legal process.

There are many different types of bankruptcy, and each has its own set of rules and procedures. A consumer bankruptcy lawyer will be familiar with all the ins and outs of the bankruptcy process and can help you navigate the complexities.

Bankruptcy can have a major impact on your life.

Filing for bankruptcy can significantly impact your finances, credit, and overall lifestyle. A consumer bankruptcy attorney can help you understand the potential consequences of filing for bankruptcy and help you make the best decision for your unique situation.

Bankruptcy can be expensive.

While filing for bankruptcy can help you get out of debt, it’s important to understand that there are costs associated with the process. A consumer bankruptcy lawyer can help you understand the cost of filing for bankruptcy and can work with you to develop a budget that fits your needs.

Bankruptcy can be complicated and stressful.

The bankruptcy process can be complicated and stressful, and it’s often made even more so by the fact that you’re dealing with a lot of money and legal issues. A consumer bankruptcy attorney can help take some of the stress out of the process by handling all the paperwork and legal rocedures involved.

You have rights during the bankruptcy process.

During the bankruptcy process, you will be dealing with a lot of different people, including your creditors, the bankruptcy trustee, and the bankruptcy court. Understanding your rights during this process is important, and a consumer bankruptcy lawyer can help you do that.

The Benefits of Having a Consumer Bankruptcy Attorney

They can help you understand the process.

The entire process can be confusing and daunting if you’ve never filed for bankruptcy before. A consumer bankruptcy lawyer will be able to explain the process to you in simple terms and help you understand what to expect.

They can help you choose the right type of bankruptcy.

There are two main types of consumer bankruptcy – Chapter 7 and Chapter 13. Which one is right for you will depend on your individual circumstances. A consumer bankruptcy lawyer can evaluate your situation and advise you on which type of bankruptcy would be best for you.

They can help you protect your assets.

If you’re worried about losing your home or your car in bankruptcy, a consumer bankruptcy attorney can help you protect your assets. They can also help you make arrangements to keep making payments on secured debts, like your mortgage or car loan.

They can help you discharge your debts.

One of the main goals of bankruptcy is to discharge your debts so that you can start fresh. A consumer bankruptcy lawyer will be able to help you determine which debts can be discharged and which ones you’ll still be responsible for.

They can help you rebuild your credit.

Once you’ve been through bankruptcy, you’ll need to start rebuilding your credit. A consumer bankruptcy attorney can advise you on the best ways to do this so that you can get back on track financially.

They can help you avoid fraudulent companies.

There are many companies out there who prey on people who are in financial distress. These companies promise to help you with your bankruptcy for a fee, but they often do more harm than good. A consumer bankruptcy lawyer can help you avoid these fraudulent companies and make sure that you’re getting the help you need from a legitimate source.

They can help you avoid mistakes.

Filing for bankruptcy is a complex process with a lot of rules and regulations. If you make a mistake, it could jeopardize your case or even result in your case being dismissed. A consumer bankruptcy attorney will ensure that all the paperwork is filed correctly and that all deadlines are met so that you can avoid any mistakes that could cause problems down the road.

They can help you save money.

While hiring a consumer bankruptcy lawyer will obviously involve some upfront costs, it can actually save you money in the long run. A good bankruptcy lawyer can help you keep your assets and discharge your debts, which can save you a lot of money down the road.

They can help you get a fresh start.

Bankruptcy can give you a fresh start financially. A consumer bankruptcy attorney can help you navigate the process and make sure that you’re taking advantage of all of the benefits that bankruptcy has to offer.

They can help you avoid future debt problems.

A consumer bankruptcy lawyer can help you understand the process of bankruptcy and how to avoid future debt problems. They can also provide you with resources and information on how to manage your finances so that you can avoid getting into debt again in the future.

The Bottom Line

Hiring a consumer bankruptcy lawyer is a big decision, but it’s one that can be extremely helpful if you’re considering filing for bankruptcy. A good lawyer will be able to guide you through the process and help you make the best decisions for your unique situation. They can help you understand the process, choose the right type of bankruptcy, and protect your assets. They can also help you rebuild your credit and avoid future debt problems. Contact a consumer bankruptcy attorney today to discuss your options if you’re considering filing for bankruptcy.

Consumer Bankruptcy Lawyer in Plano, Texas

DeMarco Mitchell, PLLC is a consumer bankruptcy law firm in Plano, Texas, that helps people filing for Chapter 7 and Chapter 13 bankruptcy. We offer a free consultation to discuss your options and help you determine if bankruptcy is right for you. With over 30 years of experience, we can help you navigate the bankruptcy process and make sure that you’re taking advantage of all of the benefits that bankruptcy has to offer. Contact us today at (972) 578-1400 to schedule your free consultation.