Bankruptcy Attorneys Warren

Bankruptcy helps many people get a fresh start after they have serious money problems. There are many reasons you might get into debt that you can’t afford to repay, and you should always learn about your options sooner rather than later. Waiting can only get you deeper into a financial hole with more problems to solve. 

If you have debts and can’t keep up with payments, talk to a bankruptcy attorney in Warren as soon as you can. We can tell you whether bankruptcy is an option in your situation and help with every step of a bankruptcy case.

Reasons for Bankruptcy Cases

Some people think that bankruptcy is for people who want to spend money and not pay it back. However, there are many people who fall into debt for reasons they cannot control. Some common reasons for bankruptcy include:

• Medical bills
• Divorce
• Loss of a job
• Business failures
• Poor investments

When any of these happens, you can find yourself over your head in debt very quickly. Never wait to speak with a bankruptcy lawyer who can help you learn about your debt-relief options. 

Is Bankruptcy the Right Choice?

Bankruptcy is not the right thing to do in every case. Sometimes, there are less drastic debt-relief tools you can use. Our law firm will be honest about whether you are a good fit for a bankruptcy case. We don’t file bankruptcy for clients who won’t benefit from it. 

Some things we review when helping you decide what to do include:

• The nature and amount of all of your debts
• All of your sources of income
• The property and assets you own

Once we get an idea of your entire financial picture, we can give advice on whether a bankruptcy case is in your best interest.

Filing for Bankruptcy

When you file for bankruptcy, you will need a lot of information to fill out all the necessary paperwork. We tell you everything you need to gather, and then we fill out everything for you. Then, we handle every step of the process, including:

• Helping you decide what type of bankruptcy to file – Chapter 7 or Chapter 13
• Filing your paperwork with the right bankruptcy court
• Proving you qualify for Chapter 7 bankruptcy (passing the means test)
• Communicating with the court and the bankruptcy trustee assigned to your case
• Protecting as much of your property as possible in a Chapter 7 case
• Making sure a Chapter 13 bankruptcy case involves a fair payment plan

We do everything we can to make sure your bankruptcy case ends with a successful discharge of your debts, which wipes your financial slate clean and allows you to start over. 

Speak with a Bankruptcy Attorney in Warren Today

The law office of Karen E. Evangelista, PC can help you take control of your money situation. We file bankruptcy cases for individuals, families, and businesses in the Warren area, and we can help you. Contact us for a discussion about your situation and how we can help you with a bankruptcy case.