If you’ve lost your job or are sick and can’t work, you may be able to file for Chapter 7 bankruptcy. Though bankruptcy is an option in dire and unexpected situations, it’s important to carefully consider all of your options. Bankruptcy stays on your financial record for seven years or longer, so while it isn’t necessarily a last resort, your situation should be drastic before filing.
If you feel Chapter 7 is the best option, it’s smart to hire an attorney who can help you. Here’s why: Absolve You of Debt
Chapter 7 bankruptcy negatively affects your credit score, but your Chapter 7 Bankruptcy Tampa lawyer will ensure filing gets rid of your debt. This includes money you owe on credit cards, the mortgage on your house, medical bills, and even money you owe to debt consultants. This helps you better afford the necessities, such as food and other living expenses. Reduce Stress
Daily calls from creditors when you have no money to pay your bills is extremely stressful. It can make you depressed and negatively impact your marriage and family life. A chapter 7 attorney can relieve you of these burdens. Experience
When you hire a Chapter 7 Bankruptcy Tampa attorney, you’re getting someone who is highly experienced with bankruptcy law. An attorney knows who to contact, what paperwork to file, and how to deal with bankruptcy trustees. Working with an attorney can get your case resolved faster than you could on your own. Representation
A Chapter 7 lawyer can represent you in court, whether you’re required to appear or not. And if you must be there, your lawyer can guide you through the process and provide guidance for answering the judge’s questions.