Bankruptcy is a useful financial tool designed to help individuals regain their footing in the face of insurmountable debts. If you are considering filing for bankruptcy, you want the help of a knowledgeable lawyer. Find out what you can expect from your legal representative as you go through the process.

Preparing to File

One of the first steps in filing is figuring out what type of bankruptcy to choose. While Chapter 7 allows you to discharge debt more quickly, Chapter 13 better protects assets, like your home, from being seized. Your lawyer can advise on what best suits your needs.

Moving forward, your attorney will take on the tough task of filing the actual paperwork for your bankruptcy. As soon as you file, the courts order an automatic stay that blocks creditors from taking any collection actions—effectively getting them off your back. You don’t want to make mistakes that will delay this relief.

After Filing

After filing, you will be required to attend court hearings and meetings with your creditors. Your attorney will represent you here. Thanks to their experience and knowledge, they will know how to react to unexpected developments—for instance, if a creditor challenges your filing. 

Your lawyer will also serve as a constant companion throughout the proceedings and should be available to answer questions and concerns as you move ahead. This can be very comforting as you navigate this unknown process for the first time.

For a lawyer who will give you the personalized guidance you want when going through bankruptcy, trust Kratovil Law Offices, PLLC. Headquartered in Charles Town, WV, this law firm serves residents throughout the state’s Eastern Panhandle. Over his 40 years of experience, James T. Kratovil has built up extensive in-depth legal knowledge—all in the interests of better serving his clients. Find out more about his background and qualifications online. For a free consultation, call the law office at (304) 728-7718.