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Pointers for Choosing among Bankruptcy Attorneys

Bankruptcy is often the only solution to untangle your debts. You may be in these circumstances through no fault of your won, but the sooner you pick up the pieces, the quicker you can get on with your life. Bankruptcy attorneys can guide you on the law as it applies to your case. You can file for bankruptcy under different chapters so you need to know which one is the best option for you.

You can go online to find lawyers who have experience in dealing with these kinds of cases. Speak with a couple of attorneys before you decide which one you feel more comfortable with. If you know someone who has filed for bankruptcy, you can ask him or her for suggestions.

Look for a trusted lawyer who is licensed, qualified, and experienced. Check the number of years of experience he or she has. In Chapter 7 bankruptcy you can keep your house, car, and secured items like furniture. Unsecured debts like credit cards, personal loans and medical will be discharged.

A trustee will be appointed, who will distribute your monthly payments to your creditors. Your creditors will not be able to contact you for loan repayment. This will give you the breathing space that you need to get your affairs in order.

You will still need to pay certain debts like child support, most taxes, and student loans. You can handle these through Chapter 13 bankruptcy. Your household furnishings, retirement funds, and art will be exempt depending on their worth.

You will need to appear for one hearing before your trustee, with your spouse if you are married. In a Chapter 13 bankruptcy, you can pay your creditors back over a period of three to five years. If you have a regular income, regardless of the source, you can qualify for this kind of bankruptcy.

Bankruptcy impacts your credit report negatively, whether you have filed for Chapter 7 or Chapter 13 bankruptcy. However, the impact is less in case of Chapter 13 bankruptcy. Find out the working hours of the attorney so that you can set up an appointment at a time which is convenient to you.

Do some research before you choose among bankruptcy attorneys. San Bernardino residents should consider one who is close by, so that you can find it easy to pay regular visits. Do some introspection and try to learn from the mistakes that you made.

Bankruptcy Attorneys San Bernardino – Be careful when you are choosing among bankruptcy attorneys. San Bernardino resident should consider The Travis Law Firm, which has been in this industry since 1980.