When you are filing for bankruptcy or dealing with a related matter, it can be beneficial to work with an experienced attorney. At Michael R. Varble & Associates, P.C., the team has over 65 years of collective legal experience, giving them the knowledge necessary to assist clients facing bankruptcy matters. When individuals are feeling overwhelmed by debt, the team is prepared to step in, advise them on their available options, and assist them in choosing the best course of action to pursue. According to the 2005 Bankruptcy Act, all debtors who want to file for bankruptcy must complete credit counseling within six months. When they file for Chapter 13 or Chapter 7 bankruptcy, they also must complete a financial management instructional course. If you are unsure about what distinguishes Chapter 13 from Chapter 7, a lawyer can help you understand the differences and determine the most beneficial chapter to file under. Once you have made a decision, an attorney can assist you with filling out and filing all the appropriate documents.
Bankruptcy can be an overwhelming process to go through because it is not always a private matter, as your credit history may be included in background checks. This is why it is beneficial to work with a lawyer, who will guide you through the process and make sure you are taking the most appropriate actions based off of your current financial situation. When bankruptcy is used effectively, it can serve as a powerful tool. It is a resource that provides debt-relief for individuals, married couples, and businesses. No matter what your specific situation may be, the team is determined to assist clients with their bankruptcy matters in order to protect their homes, bank accounts, and financial futures. To learn more about how a Hudson Valley bankruptcy attorney may be able to assist you through your financial matters, contact Michael R. Varble & Associates, P.C.