Get Answers from a Charlotte Bankruptcy Attorney
There are many complexities that must be acknowledged when evaluating whether bankruptcy is right for you. Many individuals have misconceptions about the process of bankruptcy. There are, however, many benefits to bankruptcy. That does not mean that bankruptcy is right for you. At the Law Office of Jack G. Lezman, PLLC, we can provide you with a free case evaluation to assess whether this is the proper procedure for your financial situation. Our Charlotte bankruptcy lawyers can also discuss any alternatives to bankruptcy that might be available to you.
The bankruptcy process can help you get your finances on track, but there are certain circumstances with a Chapter 7 or Chapter 13 bankruptcy may not be best. If you want to file for Chapter 7 or Chapter 13 bankruptcy, you may have to reconsider if you are in any of the following circumstances:
- You have recently obtained a bankruptcy
- A past bankruptcy case was dismissed
- You had a cosigner on a loan
- You defrauded your creditors
- You expect to incur more debts
- You recently obtained debts for luxuries
There are some circumstances, such as the above, that should be taken into consideration. You should also consider which of your debts are non-dischargeable under Chapter 7 bankruptcy. If your primary goal is to eliminate these non-dischargeable debts, this process may not be right for you. You should also take into consideration how much property you will have to give up.
It is essential to obtain legal help from a Charlotte bankruptcy attorney who understands the process. Knowing which type of bankruptcy is best for your situation is essential, which is why the means test is a vital part of the process. Speak with one of our attorneys at the Law Office of Jack G. Lezman, PLLC We can help you determine whether bankruptcy is right for you, so contact our firm today!