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How a Bankruptcy Lawyer Can Help You

Here at the Law Office of Melissa Stewart, formerly Groff Law Firm, we understand that dealing with financial troubles is never easy, especially when you are facing bankruptcy. Taking on these problems on your own is bound to be overwhelming, but fortunately you don’t have to–instead, you can call our team to get the help of an experienced bankruptcy lawyer. In this article, we’ll go over a few of the ways in which a bankruptcy lawyer can help you with your situation in order to encourage you to seek professional legal assistance.

  • Advise You on Which Type of Bankruptcy to File- One of the most important ways that a bankruptcy lawyer can help you is by offering advice on which type of bankruptcy to file. Your lawyer will have the right knowledge and experience to consider your circumstances and recommend the best choice for your needs. For instance, Chapter 7 bankruptcy will wipe out a lot of debt in a short time, but it may not be enough to save your house if you’re behind on payments.
  • Value Your Property- Another area in which a bankruptcy lawyer can help you is in assigning accurate values to your property and possessions. Calculating your property value is a key part of bankruptcy proceedings, and our team can help you get a realistic read on how much your assets and belongings are worth.
  • Negotiate with Your Creditors- A third example of how your bankruptcy lawyer can help you is by negotiating with your creditors on your behalf. We have extensive experience working with creditors to determine repayment terms, interest rates, and more, and you can count on us to secure an agreement that works for you.