Hiring the Services of a Bankruptcy Lawyer Is Important

by | Mar 19, 2018 | Lawyer, Lawyers, Lawyers and Law Firms, Legal Services

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Are your financial problems causing you stress? Is your vehicle or home about to be repossessed? Are you exhausted of being harassed by creditors? If your answer is yes to any of the above questions, then there is a solution. Filing for bankruptcy is a viable option available to you. However, you don’t want to take this course of action by yourself, you need to consult with a legal professional that has experience in bankruptcy cases and laws. Hiring the services of a bankruptcy lawyer is important and can benefit you in many ways. If you’re seeking legal assistance in regards to bankruptcy, look no further than the reputable law firm of Lawter Law Firm that has a professional bankruptcy lawyer in Norman OK.

Two Kinds of Bankruptcy You Can File

During your first consultation with a professional bankruptcy lawyer in Norman OK they will advise you on the two different types of bankruptcy which are Chapter 7 and Chapter 13 that you can file for. Your attorney will explain to you the differences between Chapter 7 and Chapter 13 so that you understand completely. A lawyer will also recommend which type of bankruptcy you should file that will benefit you more. Chapter 7 involves debt removal and the benefits of this bankruptcy includes closure of wages being garnished and those harassing phone calls, no loss of your property, a clean financial beginning, and debt forgiveness. In regards to Chapter 13, a monthly payment plan will be created and the benefits consists of prevention of foreclosure, keeping your home, re-paying creditors, restructuring your finances, and putting an end to harassing creditors.

A Bankruptcy Lawyer Will Guide and Assist You

Bankruptcy is a life-changing decision that can impact your life. This area of the law is complicated and there are a few processes involved. However, when you turn to an experienced bankruptcy lawyer in Norman OK they will guide and assist you throughout each step. Bankruptcy attorneys specialize in this type of law and have your best interest at heart. For more information about bankruptcy lawyer in Norman OK, contact Lawter Law Firm today by visiting their website.