Bankruptcy Solutions - What Are They?
Bankruptcy can offer a new financial beginning and put an end to the constant worry of mounting debt. Many people fear that filing for bankruptcy is an important step and possibly have several mixed emotions and questions. At Fox Miles Bankruptcy Solutions, understand that you may have mixed emotions about bankruptcy and would likely pay your creditors after a while if you were able to. They offer solutions to help you through this difficult time. View here: https://foxmiles.ca/
A number of people may be facing a financial hardship and are facing the possibility of bankruptcy. These include individuals that lost their jobs and incurred excessive debt, those who got caught up in the subprime mortgage crisis, those who retired earlier than expected, and more. While all these situations are unique, they all share one common issue: financial problems can create emotional problems as well. For many, the fear of bankruptcy and the consequences of it can prevent them from getting the help they need. Keep in mind that the Fox Miles firm offers bankruptcy solutions to help you get over the fear and move forward with your life. Learn more about these experts now.
The goal of Express is to find you the best solution possible by providing non-bankruptcy solutions to your financial problems. During your initial consultation, you will meet with one of our experienced bankruptcy attorneys. During this initial consultation, we want to meet with you to discuss your debt relief needs, present monetary problem and other relevant issues. We will also discuss how we can best assist you throughout your process.
During this initial meeting, the attorney will review your situation to assess if it is better to work with a chapter 7 bankruptcy attorney versus a debt management plan (DMP). If you meet the needs of a chapter 7 bankruptcy attorney then he or she will be willing to guide you through the process. The majority of our chapter 7 bankruptcy lawyers start by working directly with a company that provides DMP or management plans and then they will refer you to an experienced bankruptcy attorney if needed. Most companies offer a free initial consultation so you will not lose anything by requesting an initial meeting.
If the need for a chapter 13 bankruptcy is felt, your initial conversation with the attorney will move toward researching the pros and cons of each chapter. You will go over the applicable laws in your state and find out if there are other steps that should be taken before proceeding with a chapter 13 bankruptcy. Generally speaking, a new chapter 13 bankruptcy is considered less scary than a regular chapter 7 bankruptcy because the appeals process is easier and quicker. Additionally, most chapter 13 bankruptcy cases do not require a stay order that can block creditors from repossessing property.
If you have decided that it is in your best interest to file for chapter 13 bankruptcy, then the first step will be seeking a meeting with a qualified chapter 11 bankruptcy lawyer. The initial meeting will allow you to discuss your financial situation in detail. The attorney will discuss the options available to you and develop a workable plan for your case. Then the attorney will draft a plan for you and file it with the court.
You may also request that a credit counseling agency be contacted to provide you with an impartial party to handle your finances during the chapter 13 bankruptcy process. Bankruptcy solutions are available in many forms and we strongly recommend that you consult a qualified attorney for the needs of your individual situation. Read this article to get more enlightened on this subject: https://www.huffpost.com/entry/outside-the-box-bankruptcy-solutions-for-student-loans_b_59e770f7e4b0e60c4aa366ea.
