When you are faced with a possible bankruptcy situation, your first concern will definitely be how to afford an attorney. The truth is that you can file a bankruptcy case even without legal help. This is not very complicated when your financial situation is simple. So, if you do not have loans or mortgages or do not own a whole lot of assets besides the basic household goods, you can handle it independently.
But, at the same time, you must be well versed with properties that can be exempted from the court’s reach. Moreover, if you plan on filing a case under Chapter 13, you need to know how it will work. Bankruptcy lawyers will handle two kinds of cases, whether Chapter 7 or Chapter 13, when it comes to individual bankruptcy. Apart from this, there are lawyers handling business-related bankruptcies. While any bankruptcy lawyer is qualified for handling both types, it is best to choose someone with expertise in the field. Tips on finding a bankruptcy lawyer in northern Virginia
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November 2020
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