Are you thinking about filing for bankruptcy? Meeting with a professional from a Tampa bankruptcy law firm is one of the best ways to understand the process better and determine whether you should file.
What are three questions you should ask during a consultation with a Tampa bankruptcy law firm?
1. How much will it cost me to file for bankruptcy?
One of the biggest surprises people considering bankruptcy get is that they cannot file for free. In addition to the court fees, you’ll also need to pay your attorney. This doesn’t mean bankruptcy is out of the question for people struggling financially, but you will need to do some planning. Your attorney can help you figure out how you’ll afford the cost of filing bankruptcy.
2. Do I have other options in addition to bankruptcy?
Bankruptcy isn’t the best solution for everyone. A Tampa bankruptcy law firm should be willing to assess your situation honestly and advise you as to the best way to proceed. In some cases, working out an agreement with a creditor or budgeting in a different way can help you avoid bankruptcy. But for some, bankruptcy really is the best option. This is one of the reasons why it’s so important to consult with a bankruptcy professional.
3. What do you need from me?
People who file for bankruptcy experience a great deal of relief when they file. Bankruptcy stops collection efforts and alleviates a lot of the aggravation and stress. But in order for this to work, you’ll need to provide to you attorney everything that is needed to complete your case.
Have your attorney give you a list of documents and other information they need from you and submit it as soon as possible. This ensures your case moves forward as quickly as possible and you begin enjoying the benefits of bankruptcy as soon as you can.