How a Bankruptcy Attorney Can Help You Get Through the Bankruptcy Process?
A Phoenix bankruptcy attorney can help you get through the bankruptcy process, providing you with the legal advice and assistance you need. This is particularly important if you are dealing with large amounts of medical debt. The national health care system is struggling to keep up with the rising costs of medical treatments, and many people in Phoenix are facing financial challenges that leave them paying out of pocket for medical expenses. An attorney can help you understand the complexities of the bankruptcy process and can determine whether it is right for you.
The cost of filing for bankruptcy will depend on the complexity of your case. Generally, a lawyer’s fee will be included in your Chapter 13 plan. However, some fees will be charged separately. These fees include filing and trustee fees. They may be waived in certain situations. Also, a bankruptcy attorney can prepare all the necessary forms to file your petition with the court.
For individuals, the Chapter 7 bankruptcy option is often the most affordable. It is less complex and can be completed in 120 days. In addition, filing can delay foreclosure. Moreover, you can qualify for this type of bankruptcy if you have substantial income. To find out if you qualify, you can use the Phoenix Chapter 7 qualification and cost calculator.
Before you file for bankruptcy, you will need to take a credit counseling course. This course is designed to explain the pros and cons of declaring bankruptcy. You can also learn about debt consolidation options and other alternatives to managing your debts. Once you complete the course, you will be able to decide on the best course of action for you.
When you file for bankruptcy, you can be protected from debt collectors who may attempt to contact you or call demanding payment. Filing for bankruptcy in Arizona can also improve your credit score. If you have a low credit score, you can expect a significant boost in your score within a year after your filing. Even if you have a high credit score, you can still benefit from a bankruptcy filing.
Your Phoenix bankruptcy attorney can also help you determine which bankruptcy type will be the best choice for your situation. There are different types of bankruptcy, including a Chapter 7 and a Chapter 13. The attorney can assist you with the filing and preparing the paperwork required by the court. He or she can also provide you with a free initial consultation.
Getting help from an experienced Phoenix bankruptcy attorney can ensure that you know the entire process, from completing the paperwork to filing your petition. Choosing an attorney can protect you from being victimized by a debt collector, and it can help you to get a fresh financial start.
Having an experienced Phoenix bankruptcy attorney can be the key to your success. He or she can ensure that you are able to protect your assets, avoid foreclosure, and have the best possible outcome of your bankruptcy.