Bankruptcy may be the best option if you are struggling to pay your bills. However, if you decide to file for bankruptcy, then this is not an ordeal that you want to go through alone. There are several reasons that you will need to hire a lawyer Rockford.
The Bankruptcy Laws are Complicated
Bankrupcy laws can be quite complex. If you do not know the laws, then you may make a mistake during the filing process. This can prolong the process. Your attorney will make sure that you understand all of the bankruptcy laws. They will also make sure that all of your paperwork is filled out correctly.
Protect You From Harassment
Creditors can be ruthless when pursuing payment. They may call you day in and day out. They may also send you threatening letters in the mail. A lawyer can protect you from harassment. Your creditors are not allowed to contact you after you file for bankruptcy.
You Don’t Want to Lose Your Vehicle or Home
Creditors are allowed to seize your assets in order to satisfy your debt. However, you can still keep your vehicle or home. Your attorney will make sure that you can keep your belongings.
You Want to Be Free From Debt
You will likely be able to get rid of most of your unsecured debt if you file for bankruptcy. However, there are some debts that you won’t be able to get rid of. This includes federal student loans, alimony and child support.
You Want to Get Through This Process as Quickly as Possible
Bankruptcy can be a long and drawn out process. You can get through it a lot more quickly if you have an attorney.
