The thought of bankruptcy is a nightmare for people who find themselves in impossible financial situations. For most of these people, the desire is to somehow be able to work their way out of the debt without having to need the services of a bankruptcy lawyer in San Jose
To make matters even more complicated, most people in San Jose spend months before talking to an attorney doing things that are not only ineffective, but that may actually complicate the bankruptcy process. Often this is simply a case of not knowing what to do to try to get out of the overwhelming stress of feeling like you are drowning in debt.
Bankruptcy Options
By working with an experienced, specialized attorney handling bankruptcies, singles, couples and families can find ways to have their debt discharged through liquidating assets or restructuring. There are differences between the two, known as Chapter 7 or Chapter 13 bankruptcy respectively, and the bankruptcy lawyer will help you to determine which option you will qualify for based on your income, assets and debt.
Finding the right attorney is essential to get the advice and legal representation you need. Having confidence in the experience and the knowledge, both legal and financial, that the attorney has makes the process a lot easier.
What to Consider
If you are considering bankruptcy, talking to an attorney as soon as possible is always the best option. To know if you are talking to an experienced attorney specializing in bankruptcies, consider the following:
Small or large firms – small law firms typically offer a much more personalized service. This allows the client and the attorney to interact more frequently, while with larger law firms there may be multiple individuals working on the bankruptcy.
Experience – be up front and ask the attorney about his or her experience in handling bankruptcy cases. It is also a good idea to make sure the attorney is listed in San Jose as a practicing bankruptcy lawyer in good standing.
Additional services – there are some attorneys practicing in the specialized area of bankruptcy, foreclosure and debt that have extensive experience as Certified Public Accountants, credit counselors and in other related fields. This can provide significant support and additional services to help you get back on the right track financially.
It is essential to understand that bankruptcy allows qualified people in San Jose to legally address their debt and have the chance to rebuild their lives. Talking to an attorney will help you to get the facts and to understand if this is an option that you should consider. For more information visit
