Do I Need to File Bankruptcy?
In a challenging economy, millions of Americans have found themselves facing an ever-growing wall of debt. Demotion, job loss, divorce and medical bills can quickly add up and devastate a family's finances. There is still hope — and a way to get out of trouble and work toward a more stable future.
At the office of Howard T. Duncan, many clients are concerned with two main questions:
- Why do I need a bankruptcy attorney?
- When should I hire an attorney and file for bankruptcy?
The answer to the first question is twofold. First, a bankruptcy attorney can examine your finances and your specific financial situation in detail and properly advise you on the best course of action. Many times, individuals can get started on the road to financial recovery without filing for bankruptcy. We can educate them on their non-bankruptcy options.
Second, while the bankruptcy filing paperwork may seem straightforward, it must still be filled out accurately. In many situations, individuals who have attempted to file on their own have left out important information on their bankruptcy petition or lost property because they didn't know how to protect it. A skilled lawyer can effectively guide you through every step of the bankruptcy process.
The answer to the second question is simple: as soon as you know there's a problem. Many times, individuals will struggle with financial difficulties by paying bills with credit cards, consolidate their loans or take on additional work when possible. As soon as these individuals feel that their finances have started to spin out of control, they should seek the counsel of an experienced attorney. A lawyer can examine your finances and provide guidance on the best way to proceed.
Hopefully, this website has answered a few of your bankruptcy questions. If you need more detailed information, we encourage you to schedule a free consultation with an attorney at our Omaha, Nebraska, office.
Contact Us
If you have questions regarding how filing for bankruptcy can help your financial situation, contact Howard T. Duncan, Attorney at Law. We can be reached by phone at 402-216-0313, toll free at 877-237-0128 or online by completing the contact form on this website.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
