It is only natural to be nervous if you contact us for a free bankruptcy consultation. While you are not required to move forward with the process, you are getting closer to making a decision that will impact your finances in many ways.
There is nothing difficult about a bankruptcy consultation. This is nothing more than a review of your financial situation. Once complete, you will have a better idea of where you stand and if bankruptcy is an option to consider.
Here are some of the basics associated with a consultation:
- Review of the type of bills you have: credit cards, medical debt, mortgage, car loan, etc.
- Approximate amount owed.
- Type of income you regularly receive.
- Approximate monthly income.
- Questions such as: Do you own a home? Do you own a car? Have you filed for bankruptcy in the past?
Once you work through a bankruptcy consultation, you will have an overview of your financial situation. It is then that you can see if filing for bankruptcy is a possibility. Furthermore, you can decide if Chapter 7 or Chapter 13 is the right option.
A consultation is a big step forward as this means you are considering bankruptcy. Even so, you are not obligated to file. This is simply a way to learn more about your finances, while also getting a big picture of how things could change if you decide to file.
Over the years, we have helped thousands of people file for bankruptcy. Every time, the process begins with a consultation. This is the best way to understand every aspect of your situation, including the good and bad.
If the time has come to setup a free consultation, don’t hesitate to contact us. We are more than happy to help you understand your situation and whether bankruptcy could be the answer to all your financial questions.