Why Hire a Bankruptcy Attorney? — Miami Dade

There are several dangers in attempting to file a bankruptcy petition yourself. The first is that you will become discouraged and your filing will be delayed or simply never happen.

Mistakes

With any government body dealing with huge numbers of petitioners, there are forms to fill out, procedures to follow, jargon to try to understand. Although the court system would ideally like bankruptcy to be simple, it isn't.

There is extensive paperwork to complete. Our attorneys have completed this paperwork thousands of times, effectively and efficiently. The aggravation you will be saved is hard to evaluate.

The new means test determines your eligibility to file under Chapter 7. (Most people much prefer Chapter 7 because more debt is discharged, and the process is over and done. Chapter 13 requires years of payments). The formula in the means test is more complicated than you might think. If you make a mistake you could lose the opportunity to file under Chapter 7.

You will have numerous, important decisions to make. For example, your automobile creditor may offer you a reduced interest rate, or other alteration of your debt. Which deal is best? Should you re-affirm the debt? You may have to choose from multiple complicated options.

A Negotiator

Your creditors want as much from you as possible. They may object to your bankruptcy petition. We have been through this countless times and know how to get the best deal for you.

Finally, the number of bankruptcies has skyrocketed in the current economic downturn. The bankruptcy courts appreciate filings that are correct and filers who know what they are doing.

Florida Debt Consolidation Law Firm

The Law Offices of Patrick L. Cordero, PA is centrally located in Miami. Our attorneys have a combined 38 years' experience, helping the people of Miami. We are dedicated to providing professional service, reliable legal advice and hands-on client service.

Contact our office today at 305-445-4855 or toll free at 1-888-Free-799 to schedule an appointment for a free evaluation and put yourself on a path to a better financial tomorrow. We also assist Spanish speaking clients.