How To Get The Most Out Of Your Free Bankruptcy Consultation
Almost all bankruptcy lawyers offer free consultation visits to people who are interested in learning more about bankruptcy. They do this to give people a chance to ask questions and learn more about how bankruptcy would help them through their financial problems. If you want to file for bankruptcy but are not sure if it is the right path to take, you should meet with a bankruptcy lawyer, and you should prepare for this visit. Proper preparation will help you get the most out of this free consultation, and here are some of the best ways to prepare for this.
Start researching the two main types of bankruptcy
Before you set foot in a lawyer's office, you should do some research on your own, and this research should relate to Chapter 7 and Chapter 13 bankruptcy, which are the two most commonly used branches of bankruptcy. By researching these options, you will likely comprehend more of what the lawyer talks to you about during your initial consultation visit. In other words, you will not be so lost during the conversation. You may even learn enough to know whether you should visit an attorney that specializes in Chapter 7 bankruptcy law or Chapter 13.
Gather up all your financial paperwork
To get the most out of this visit, you should also bring all the financial paperwork you have, and you can begin by collecting the documents you need to prove your income. This will include W-2s, tax returns, pay stubs, and any other documents that show the income you make.
Secondly, bring in every statement you have for the debts you owe. If you owe money on loans, make sure you know the loan balances. If you have any debts that you do not have statements for, print a copy of your credit report, as this will probably show all the debts you owe.
Create a list of questions you have
Finally, you can come prepared by bringing a list of all your questions. Asking questions is the only way you will find out answers to the things you are wondering about, and a lawyer will be happy to answer these questions and give you additional information to help you fully understand bankruptcy and its effects.
These are three good steps you can take to prepare for your initial consultation with a bankruptcy lawyer. If you would like to learn more, you can set up an appointment with a lawyer of your choice by contacting a bankruptcy law firm.