Filing for bankruptcy is by no means an easy process. There are a few steps you can take in order to make sure the process goes a little bit smoother. If you are considering bankruptcy in Miami, contact a Miami bankruptcy lawyer to help you through the steps. Miami foreclosure attorneys can help you avoid bankruptcy or foreclosures if you can, or help you file the paper work if it is necessary for your situation. Here are a few steps you can take to make the process a bit easier.
1. Organize all of your bills and finances.
Gather up all of your bills and financial information, this will help you decide what type of bankruptcy you will file. Making sure that you have everything ready to go and all together will assure an easy transition into the bankruptcy process, and should you decide to utilize a Miami bankruptcy attorney, he or she will need this information as well.
2. Figure out what chapter will suit you best.
After you have compiled all of your financial information, you will then need to consider the different types of bankruptcy as they all have different protocols and need to be considered deeply. Considering a Chapter 7, which could include the liquidation of your assets, which can include real estate, savings, and businesses. A Chapter 11 bankruptcy means the possible restructuring of your debt. Keep in mind, a bankruptcy lawyer can help you figure out what chapter will suit you the best.
3. Hire a Miami Bankruptcy Lawyer.
It can be very important that you not try to file all of the complicated paperwork yourself. While you might feel capable and wish to save a little money, making simple mistakes can have disastrous effects. You could end up forfeiting assets you were eligible to keep, having your petition for bankruptcy denied or put yourself in a position to be accused of fraud. Bankruptcy attorneys are experienced and can help you leave bankruptcy in the best position possible.
4. You may be required to attend a type of counseling before filing bankruptcy.
Miami, you have to attend this course before a bankruptcy. These required courses can be found online, in person or over the telephone. Make sure you use an approved Counseling program.