When financial stress threatens to make your life unbearable, filing for bankruptcy can provide the fresh start you need. However, the process can be complicated, and many borrowers have trouble navigating the system on their own. Even a minor mistake can lead to unnecessary delays, the accidental exclusion of qualifying debts, or even a rejection of your petition. Professional guidance can help you avoid these problems.

Your bankruptcy lawyer will help you with the following steps:

• Submit Accurate Paperwork: The success of your petition depends on collecting accurate financial information and ensuring all forms are filed on time. Your bankruptcy attorney will help you avoid some of the most common errors, like failing to claim assets or forgetting debts, increasing your likelihood of being approved for debt relief.
• Keep Your Property: If you're filing a Chapter 7 bankruptcy, the trustee may elect to seize property in exchange for discharging your unsecured debts. However, the law makes exceptions for a variety of assets, including some home equity and even family heirlooms. Without the help of an experienced lawyer, you might wind up surrendering property you have the right to keep.
• Enforce Your Rights: Every bankruptcy filing includes an automatic stay, which immediately stops all collections activity, from phone calls to repossession efforts. When creditors ignore the stay and continue harassing you, your legal representative will be able to safeguard your rights and provide peace of mind.

Bankruptcy filings are complex, but you don’t have to go through the process alone. Work with a reliable attorney who will guide you through the steps and help you improve your financial health.

Mark Briden Law of Redding, CA focuses exclusively on helping struggling borrowers find their way out of debt. Visit the office online to learn more about your legal options. Schedule a consultation with a bankruptcy attorney by calling (530) 222-1664.