When you are dealing with tons of debt, it can be stressful. With bill collectors calling you, you feel harassed and like you are sinking deeper into debt. If you have tried to work out arrangements with your account holders and have not been successful in reducing your debt, you need to know there is hope. Though you should never choose bankruptcy as a first option, it can be very helpful for those who have tried other means of taking care of their debt, yet cannot seem to take hold of their financial situation.
There are many types of bankruptcy the offices of Horak and Boyd, PLLC In Vancouver, WA can assist you with. The attorney will first sit down with you and discuss your financial situation, the debts you owe and your owned properties. This can assist the attorney in making a decision on which type will best benefit your needs. When meeting with your attorney, you need to make sure you bring in information on all of your debts. The attorney will need these when assisting you in filing for bankruptcy.
The attorneys at Horak and Boyd, PLLC In Vancouver, WA will first file your bankruptcy paperwork. It is important all of your debts are listed, no matter how small. If any debts are left out of the filing process, you will still be responsible for paying that debt, even if the judge approves your bankruptcy.
Most bankruptcy cases allow you to keep certain properties. You are allowed to keep your home, car, furniture and other necessities. In some bankruptcy cases, like Chapter 7, your other property will be liquidated to pay for your debts. Once your paperwork has been filed with the court, a date will be set and your owed accounts will all be notified of your filing status. It will then be up to the judge to make the final decision on your case.
If you are dealing with tons of debt and feel like your life it is out of control, contact the attorney today. These attorneys will help you through your bankruptcy filing, making sure you understand every aspect and you get the relief you need from your debt.
