Paying bills every month requires setting a budget and really sticking to it so that you don’t fall behind. Unfortunately, a lot of unforeseen things can come up to suddenly throw you into a bad financial situation.
If you feel like there’s no way to get back on your feet without help, an experienced bankruptcy attorney can turn things about by recommending solutions that work.
The temptation of having lenders constantly offer loans, credit cards, and finance plans to help you purchase expensive items is hard to manage.
Having too many accounts to pay could become overwhelming if your current work situation changes. If the lenders are becoming aggressive because you have no way to continue paying, filing Chapter 7 might be the best way to get a clean slate.
We can help in many ways including:
Giving back all of the valuable items that you have been working to pay for might put you in a situation that you can’t live with. If there are certain necessary assets that are non-exempt through Chapter 7, you might feel more comfortable with a Chapter 13 repayment plan. Adequate extra income is necessary for an attorney to begin working out a new arrangement with the lenders.
It’s inconvenient for a lender to have to start the foreclosure process on a home because the borrower has fallen behind. This is one of the reasons that they are usually open to negotiating the original loan terms so that both sides can benefit.
Our attorneys have experience negotiating modifications can help you extend the current contract and get lower payments that are easy to maintain.
Even the simplest real estate transactions require a lot of elaborate documentation that has to be understood and signed. Unless you have adequate experience, you need to have a real estate attorney decipher and explain the terms of the agreement.
These professionals also write brand new contracts, oversee the process of signing and closing, and find solutions if there is a dispute.
Dealing with money isn’t always easy, even if you are an experienced adult that hasn’t run into any trouble before now.
Bankruptcy attorneys specialize in helping people in bad financial situations find ways to get through the tough times. With the willingness to work hard, we can help you get back into a prosperous situation.