When it comes to underestimated legal professionals a Bankruptcy Lawyer in Royal Palm Beach almost always makes the top of the list. This is because most people just do not see the point in hiring a lawyer to help them file bankruptcy. The fact that there is nothing that legally requires you to hire a Bankruptcy Lawyer in Royal Palm Beach is the biggest reason why people don’t. How much do you know about filing bankruptcy? How good are you are doing paperwork? Not only can filing bankruptcy be confusing, but if you make a mistake you could have to start over if you are even allowed to file again.
If you are not going to hire a lawyer you should at least get a free consultation with one at a bankruptcy law firm. This way you can ask any questions you might have about bankruptcy to someone who is going to be able to give you 100 percent accurate answers. The best part of an initial consultation with a bankruptcy lawyer is that there are not any obligations to hire them if you still truly feel like you do not need one.
One thing you have to keep in mind about bankruptcy is that there is more than one different kind of bankruptcy. You are either going to be filing for Chapter 7 or Chapter 13. One of the benefits to consulting with a lawyer is the fact that they can help you figure out which one you qualify for. This way you do not waste time filing for Chapter 7 only to find out you have to file for Chapter 13.
If you file Chapter 13 bankruptcy, it is not actually going to wipe your credit history clean. It is just going to put you on a repayment plan so you can pay off all of your debt as well as keeping up with your bills. Chapter 7, on the other hand, is going to wipe your credit history clean. The only debts that Chapter 7 bankruptcy will not erase are debts that were secured by collateral or things such as unpaid child support, unpaid spousal support, unpaid court fees, or tax debts.