chapter 13 bankruptcy west palm beach

Filing for Bankruptcy the Right Way

It is so scary to know that you have so much debt you have no way of paying it back. You will feel overwhelmed and disappointed. You tried your best over the past few months but you were not able to come up with a plan that works. Even refinancing did not help you out, as you simply do not have enough money coming in to keep up with everything. It is the reason why declaring chapter 13 bankruptcy west palm beach may be the best thing that you can do. But how do you declare? Let us help you in this regard.

What you need to do is hire an attorney. It is so important that you have a competent bankruptcy attorney who can help you. Why? Because it is a complex process where every step must be done in the right way. Think of a bankruptcy filing as the same as a court case. You have to convince the judge that you have done everything in the right way. It is not as simple as saying “I am bankrupt” and moving on with your life. It does not work that way. It is why you need to hire an attorney.

chapter 13 bankruptcy west palm beach

When you do have an attorney, you can take the next steps. Make sure you are 100 percent honest with your attorney about your debts and assets. This is where you must be careful. We know that it is tempting for you to hide some assets, but you must not fall into that trap. You are only going to make things worse for yourself if you are attempting to hide assets while you are declaring. It will be found out and then you will be in an even bigger mess than you are in right now. It is why we recommend that you do everything by the book.