Here’s How a Bankruptcy Lawyer Can Ensure a Stress-Free Bankruptcy Process
Deciding to file for bankruptcy can be one of the most difficult decisions in your life. However, when your financial situation is seriously complicated and you need help with getting back on your feet, it is often the only option left.
Once you have made up your mind to file for bankruptcy, the next step must ideally be to get in touch with the best bankruptcy attorneys or law firms with an established record of successfully handling bankruptcy cases.
Legal procedures in bankruptcy
After a meticulous analysis of your financial situation, your legal expert will guide you on the right course of action – beginning with whether to file for Chapter 7 or Chapter 13 bankruptcy. Your attorney will work closely with you to organize all details of your finances – loans and assets – to gain more clarity of the situation.
The next crucial step involves filling up bundles of court forms necessary for proper filing of the bankruptcy case in a federal court. Once all the information has been verified, the bankruptcy attorney Northern Virginia will proceed with filing for bankruptcy. After attending a counselling session conducted by a credit counselling firm, you will be equipped with a certificate needed to proceed with the case.
Following this, you will have to attend a meeting with your creditors to substantiate your eligibility to file for bankruptcy. With the assistance of the best bankruptcy lawyer Northern Virginia, you will be notified about bankruptcy discharge in as little as six months.
Avail legal protection for stress-free bankruptcy experience
Even experts in financial affairs do not risk filing for bankruptcy without the legal guidance and expertise of renowned bankruptcy attorney Northern Virginia. This is primarily because there are numerous legal complexities involved in the procedure. The best lawyers will also help you avail the aspect of protection as soon as you file for bankruptcy. Known as ‘Automatic Stay’, this is a federal law designed to protect your assets and save you from the ordeal of facing harassment by creditors.
Once the bankruptcy lawyer Northern Virginia helps activate the Automatic Stay facility, creditors are banned from contacting you to collect debts. They are also forbidden to take over your assets, file lawsuits or initiate any action related to debt recovery.
The Automatic Stay thereby protects your assets and peace of mind until you receive bankruptcy discharge. Once the court approves your discharge, your creditors will be permanently barred from trying to recover debts from you.
Benefit from expert legal advice
In the absence of a legal expert, people often commit mistakes that can worsen their situation and affect their chances of receiving a favourable outcome from the bankruptcy court.
Filing for bankruptcy and getting through the complex and lengthy legal proceedings can be overwhelming and highly stressful. With the reliable, legal representation of an established law firm such as The Law Office of Rowena Nelson, you can rest assured that your case will be handled in the most efficient manner to protect your interests and give you a fresh start in life. The reputed and experienced bankruptcy lawyer Northern Virginia at the firm will manage everything connected to the bankruptcy to minimize the emotional and financial trauma for you and your family.