Wage garnishment, harassing creditor phone calls, foreclosure, and vehicular repossession are just some of the issues you may be facing in Ozaukee, WI. These extreme circumstances may be caused by a variety of different reasons such as disability, becoming laid off, or paying for a sudden emergency expense. Whatever the reason for falling behind, you can remedy the situation by seeking options such as bankruptcy. For the best results it is recommended to work with a bankruptcy lawyer Ozaukee, WI.
The advantages of working with an attorney
There are many benefits associated with hiring a bankruptcy lawyer in Ozaukee, WI area. They can guide you throughout the process of filing for bankruptcy while explaining how everything works from a legal standpoint. They will answer all of your questions regarding how bankruptcy will affect your credit as well as discussing the many alternatives to bankruptcy if these work better for your situation. An attorney is instrumental in many aspects including:
• Ensuring all of your paperwork is filed properly
• Helping to make certain your application is complete
• Assisting with establishing a debt repayment plan for Chapter 13 bankruptcy
• Guiding you easily throughout the bankruptcy process
• Intervening on your behalf in the event of foreclosure or repossession
• & More
If you have become insolvent in your ability to repay debts, a bankruptcy lawyer Ozaukee, WI based professional may offer the best options. They can discuss your situation and explain how the process of bankruptcy works. If you are one the fence and are unsure about whether or not to choose bankruptcy as a debt resolution solution, an initial consultation with a lawyer can provide the insight you need.
What types of bankruptcy can you file?
Consumer bankruptcy involves Chapter 7 and Chapter 13 bankruptcy. There are income stipulations associated with the filing of Chapter 7 bankruptcy. There is a means test that must be passed prior to the bankruptcy courts approving your petition. If you fail to pass the means test, you can file for Chapter 13 instead.
Your bankruptcy lawyer Ozaukee, WI professional will answer all of your concerns about the process of filing for bankruptcy. This may be the best option if you are feeling overwhelmed and your financial situation is one of extreme debt to income. Talk to an attorney today and find out how bankruptcy may be able to work for you.
