rhode island bankruptcy services list

bankruptcy services overview

Why Do I Need An Attorney to File Bankruptcy?

Some consumers believe that filing bankruptcy is a simple process that will instantly relieve their debts. While it might seem that way in limited instances, bankruptcy is actually a process that requires precise information as well as knowledge of the nuances and exceptions of the U.S. Bankruptcy Code. This is to ensure that creditors do not take further advantage of your financial state.. Here are a few reasons why an experienced attorney can be a crucial factor in a successful bankruptcy.

It is important to understand your options. There are several types, or Chapters, of bankruptcy protection available, and your specific financial situation and goals will determine which bankruptcy Chapter would be best for you. It is illegal for anyone except an attorney to advise you on this issue. Although much general information can be gained from researching the topic, frequently a debtor’s decision will hinge on how one pertinent aspect of their situation is affected by the bankruptcy law specific to each Chapter.

It is important to properly fill out and file your bankruptcy petition with the Court. Incorrect responses to the questions on your petition could lead to major problems later on in your case. We can help you draft an accurate petition and minimize future issues.

It is important to respond properly and timely to the legal paperwork you will receive throughout your bankruptcy process. You will receive various notices from the Court, the Trustee, and many of your creditors. You may need to object to a creditor’s claim, file a creditor’s reaffirmation agreement with the Court, respond to a creditor’s objection to the dischargeability of a debt, or amend your Chapter 13 payment plan. Without legal advice, it is very easy to miss a time deadline or make mistakes in the paperwork necessary to take full advantage of the bankruptcy laws.

Your creditors will be represented by attorneys. They understand the bankruptcy system and how to make it work in their favor as much as possible. Without legal representation, you may have to settle for less than that to which the law entitles you. Why not level the playing field?

We welcome the opportunity to be of service. To arrange a consultation to discuss your legal issues, please phone our office at 401.253.2500 (Toll Free 800.645.2560).

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.