Without a doubt, filing for bankruptcy can be a nerve-racking experience, but one way to make things less stressful is by learning about the process. To this, many individuals seek out the assistance of a bankruptcy Maryland lawyer. When they do, it is not uncommon for them to have many questions.
If this sounds familiar, then this is the article for you. Before your upcoming consultation, consider these three questions for your bankruptcy lawyer.
1. Should I File for Chapt 7 or Chapter 13?
When most people start considering bankruptcy options, one of the first questions that come to mind is about which chapter they should follow. The answer for which is best ultimately depends on your unique circumstances and financial situation. Legal assistance can help you answer.
2. What Fees Can I Expect?
The total fees you can expect for filing for bankruptcy depending on the method in which you do it. If you choose to file yourself, there are no fees outside of postage if you decide not to drop it off in-person. Otherwise, costs will depend on each attorney’s office. Every lawyer has his or her own method for setting prices. Calling around can give you a general idea of what to expect.
3. When Will You File My Case?
Another important factor worth considering is the timeline with which your lawyer can work. If you want to file bankruptcy before a certain date, for example, you definitely want to check to see how soon your lawyer can file your case. In addition, it is also useful to ask when you can expect a discharge or update.
Although facing debt and filing for bankruptcy can be a stressful experience, being prepared can help you stay aware of every step of the process. This information can help guide you for a positive experience with a bankruptcy lawyer.