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3 Important Reasons You Need A Bankruptcy Lawyer

Are you struggling more and more to pay off your bills? Do you want to pay your debt but think that it might be easiest to simply start over and try again? Although filing for bankruptcy might not be the most desirable result for you, it's not an uncommon situation either. While you may be tempted to handle as much of the bankruptcy proceedings yourself as possible, this isn't always the best idea. Instead, you should consider hiring a lawyer who is versed in bankruptcy law. Since not everyone who gets this suggestion will actually want to act on it, here are some of the best reasons why you should get a lawyer:

Knowledge: One of the most important bankruptcy lawyer services that you can take advantage of is learning what can and what cannot be written off. For instance, most credit card debt will go away once the bankruptcy process is over while you cannot discharge a child support debt. Because both time and money are valuable, you don't want to spend too much time trying to get rid of debt that won't be dismissed but you also don't want to miss a debt that can be discharged. An experienced lawyer will know exactly what can and what cannot be discharged and will guide you through the process of each one.

Time: The longer you wait to file bankruptcy the more debtors will be calling you on a daily or near-daily basis. Unfortunately, if you've never filed for bankruptcy before, filling out all of the correct paperwork can be confusing and can take up a lot of your time. One of the most obvious bankruptcy lawyer services is to have them fill out the paperwork for you; this will allow you to concentrate on other important things rather than potentially having to spend days or even weeks trying to sort everything out on your own.

Notifications: Once the bankruptcy process is complete, you'll now have to notify each of your debtors that you no longer owe them any money. For many debtors, this tends to be a relatively straightforward process. On the other hand, some companies may refuse to listen to your claims of not having to pay them off; this is because there are people out there who will claim to have filed for and to have completed the bankruptcy process without actually having done so. It is at this point that you avail yourself of the bankruptcy lawyer services that will go through the notification procedure on your behalf to make sure that the company knows that you are no longer required to pay them.

To learn more, contact a law firm like Downard & Associates.