Filing for bankruptcy is usually a very hard decision that you have to make after careful consideration. There are two common types of bankruptcies that you can go for depending on your financial situation. To help you make the right decisions, you need to have a good bankruptcy attorney. Your attorney will help you decide on which type of bankruptcy to go for. If you have no plans of trying to work out a repayment plan and keep assets then you should go for chapter 7 bankruptcy. This means that most of your debts will be eliminated but you will lose most of your assets in the process. When you file for chapter 7 bankruptcy Northampton, you should know the repercussions of that. First of all, any bankruptcy will affect your credit score so that you will find it difficult to enjoy several financial services in the future. This is why you need a good bankruptcy attorney to explain everything to you so that you know what you are getting into. Once you have decide to file for chapter 7 bankruptcy, you need to furnish your attorney with a list of all your debts and assets and all the relevant documents and information, so that he can file the court paperwork. Some of the documents needed include a copy of your latest tax returns, and proof of your income and assets. Your attorney will help you understand which debts you can declare and which ones cannot be written off. Once your attorney has filed the necessary paperwork for chapter 7 bankruptcy, you will be given a date to appear in court. Your debtors will also come and try to recover their debts from any of your assets that the judge puts up for that...