Don’t Go Through Bankruptcy Alone! 3 Reasons to Retain an Attorney to Help

Bankruptcy is one of the most difficult things you may go through in your life as you stand to lose everything you’ve ever worked hard for. Your home, your vehicles, fine art, and other valuable possessions become property of the bank, and while the prospect of starting over is nice, losing your material possessions can still be hard to cope with. Fortunately, you do not have to go through this tough time on your own.

At The Port Law Firm, we provide unwavering support during this difficult time in your life. Though our job is to help you protect your assets, stop creditor harassment, and find your way out of debt through the most efficient and cost-effective solutions, our goal is to help you feel good about your decision to file and show you how bankruptcy or other debt relief solutions can better your life. If you are ready to file for bankruptcy, here are three reasons you should retain the help of a compassionate West Palm Beach bankruptcy lawyer to help you:

Possibly Save Your Home From Foreclosure 

Too often people will file for Chapter 7 bankruptcy because it is the only bankruptcy option they are familiar with. While Chapter 7 is great for eliminating debt entirely, it should really only be used as the last resort option, as filing for Chapter 7 likely means that you will have to sell your home and other assets to pay back creditors. Chapter 13, on the other hand, gives you a chance to repay your debt over an extended period of time and through more affordable monthly payments, which means you do not have to sell anything. This is something that you may not know without having first talked to a knowledgeable attorney. To learn more about Chapter 13 and its distinct advantages over Chapter 7, visit the United States Courts page for more information.

Learn About All of Your Options 

Something else that you may not know without first speaking with a bankruptcy lawyer is that bankruptcy may not be your only option, and it may not be the best option. You can also opt for loan modification or loan consolidation, which may help you to save your assets and retain a decent credit score. Additionally, an experienced attorney can help you with asset protection planning, which many people do not think about before it is too late.

Peace of Mind 

When you hire a bankruptcy lawyer you will notice that a considerable weight has been lifted off of your chest. This is because the act of simply hiring a lawyer means that you are taking steps towards relieving yourself of your debt. A single phone call can put the wheels of debt relief in motion and give you peace of mind that soon, you will be debt free and able to start over.

Reach Out to a Compassionate Bankruptcy Lawyer Now 

If you are drowning in debt and are considering filing for bankruptcy to relieve yourself of a considerable financial burden, reach out the compassionate West Palm Beach bankruptcy attorneys at The Port Law Firm today. Our attorneys will guide you towards the best debt relief options given your situation and see you through your entire case from beginning to end. All it takes is a single phone call to get started. Schedule your free consultation today.

Resource:

uscourts.gov/services-forms/bankruptcy/bankruptcy-basics/chapter-13-bankruptcy-basics