Bankruptcy is one of the toughest patches someone can fall into. Be it for an individual or for a small business, it is a disastrous setback and it can take years to climb out of this shaky patch onto firm soil again. There are also the claims by debtors, and the different financial aspects to take care of. With the counsel of a good attorney, you can find a way out to get back on track, freeing yourself from debt in the best way possible. The guidance of a good attorney can ensure you carefully extricate yourself from this sticky patch, with the least long-term damage to your circumstances.
The US Bankruptcy Code has several Chapters which a debtor can take recourse to. Chapter 7, the one most commonly used, is meant to provide a faster way out of debt than the others. When a case is filed under this Chapter, all the exempt property of the debtor is distributed among the creditors. This at once clears a way for the debtor to get back on track. Chapter 13 is usually used to prevent the sheriff from taking possession of property. While these are some of the main chapters, there are others as well catering to the rights of the debtor and the creditors. Only a qualified legal advisor can tell you which course would be most appropriate for your circumstance. Each circumstance is unique, and there are many factors to consider. Whatever your situation might be, a good attorney would go out of the way to ensure your rights are well represented in the court.
Ideally, if you want to hire good legal counsel, find a firm that has been designated by the US government as a Federal Debt Relief Agency. Do not forget to ask if the firm is a member of a major association. The National Association of Consumer Bankruptcy Attorneys is an umbrella body for legal advisors and seeks to mediate between the debtor and the creditor. When you trust your case to an attorney who is a member of such a major association, you can be assured of fair treatment. The sole objective of a good bankruptcy attorney is to ensure that both parties involved in the bankruptcy case get the benefit of justice.
When in search for a competent bankruptcy attorney, Ocean County residents keep in mind the expertise and experience of the firm.
Bankruptcy attorney Ocean County – For individuals and small businesses looking for a reliable bankruptcy attorney, Ocean County residents recommend the Law Offices of Lee D. Gottesman. They will handle each and every aspect of your case.
