facebook-squarelinkedin-squaremenumobiletwitter-squareyoutube-square

Why Use a Bankruptcy Lawyer

Why Should I Use a Bankruptcy Lawyer?

What. query mark made of pebbles isolated over white

The idea of declaring bankruptcy can be intimidating to some people because of all the details, laws and processes to do so. Much to your advantage, a Bellevue bankruptcy lawyer who specializes in bankruptcy and mortgage mediation can explain the laws, rules and regulations in detail to you. Each type of bankruptcy declaration includes many paper and electronic forms concerning your debt. In addition, when filing for Chapter 7, for example, sophisticated software is often required to calculate the “means test” and “net monthly income” figures and a bankruptcy lawyer can do this for you.

At Advantage Legal Group, in Kirkland, Washington, we have the financial resources and tools needed to see you through these processes. We know the law and can provide you with a fair, knowledgeable assessment and will being working on your behalf the day you walk into our office.

Another advantage to using a bankruptcy lawyer is to work, on your behalf, with your creditors. Under the terms of the Fair Debt Collections Practices Act (FDCPA), debt collection agencies cannot engage in abusive, harassing, or threatening behavior when attempting to collect on a debt – no more repeated calls to your home or work, no more threatening letters or abusive language when they speak with you over the phone. Filing for Chapter 7 or Chapter 13 bankruptcy can be the most effective way to stop creditor harassment. Filing for bankruptcy protection initiates an automatic “stay” that requires collection agencies and creditors to immediately cease all collection actions against you! A bankruptcy lawyer will be your advocate.

Schedule a Consultation

Recent Posts

  • How Bad is Bankruptcy Really?

    How Bad is Bankruptcy Really?

    Filing for bankruptcy means telling the judge that you cannot pay off your debts. After this is done, the court checks your assets and liabilities then decides if you are eligible to have your debts cancelled or discharged. If it is seen that you have no means to pay back, they let you declare bankruptcy. […]Read More »
  • What Do You Lose if You Declare Bankruptcy?

    What Do You Lose if You Declare Bankruptcy?

    Before you finally go to the judge or court to file for bankruptcy, the major worry to have is what you stand to lose. It might be your house, property, a potential job, or client as the record of your bankruptcy is available to public access. Bankruptcy is the last resort when the debt starts […]Read More »
  • How Far Behind Do I Have to Be For Mortgage Forbearance?

    How Far Behind Do I Have to Be For Mortgage Forbearance?

    Under normal circumstances, there are policies owned by all lenders, and that is what you should be working with. However, if you are finding it difficult paying you mortgages either due to lose of job or increase in costs. There is a 15-day grace period, and if you are able to meet up and make […]Read More »
  • Can I Claim Forbearance 4 Months Into COVID-19?

    Can I Claim Forbearance 4 Months Into COVID-19?

    The whole world is facing a pandemic that is not just making life different for all of us but it is equally causing major financial problems for some individuals. Individuals and countries are facing financial hardship in this coronavirus crisis. Forbearance is when your lender or mortgage servicer allows you to temporarily pay your mortgage […]Read More »