How Can a Chapter 13 Lawyer Help You?

If you are filing for bankruptcy, you may be wondering how a bankruptcy lawyer can help you file for Chapter 13.  You should know that there are several ways in which he or she can be useful.

To begin with, you will need another pair of eyes examining your financial records. Your lawyer will advise you as to whether you are indeed eligible for bankruptcy and whether w single or joint case should be filed. Once you determine eligibility you will need to devise a budget to prepare to the court. This can be done by looking at the liens or security interests of secured debtors in conjunction with your personal financial situation.

Once all of this has been examined you will then work together to create a Chapter 13 bankruptcy plan to present to the court. It must be financially feasible for you and show your willingness to pay back debts in a timely fashion. There are several forms to fill out, such as a plea to the court, as well as fees like filing fees and attorney fees.

Your bankruptcy attorney can argue for you in a court room or simply be present when you go before the judge. He or she can try to anticipate any complications that might arise beforehand to help you be more prepared.

If you want to learn more about how a Chicago bankruptcy attorney can help you with your filing, contact our law firm today!