Bankruptcy Law Firms St. Petersburg FL

by | Dec 21, 2020 | Lawyers and Law Firms

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Three Ways Law Firms in St. Petersburg FL Make the Bankruptcy Process Easier

Nearly everyone who files for bankruptcy believes their efforts were worthwhile. Not only do they alleviate the financial crisis they’re current facing, but they also wipe the slate clean and get a fresh financial start. But as any of the bankruptcy law firms St. Petersburg FL will tell you, the process is far from simple.

How can bankruptcy law firms in St. Petersburg FL help make the process easier?

1. Help You Choose the Most Appropriate Chapter of Bankruptcy

Most individuals file for Chapter 7 or Chapter 13. There are benefits and drawbacks for each, many of which are based on a person’s specific circumstances. Discussing your situation with an attorney and having an experienced professional review your finances is an essential part of choosing the right chapter. Bankruptcy law firms in St. Petersburg FL can help you assess your situation and choose whether you should file for Chapter 7 or Chapter 13.

2. Help You through Your Meeting of Creditors

For most people, the greatest stress in bankruptcy comes from the 341 Meeting of Creditors. Being forced to come face-to-face with your creditors – or at least the bankruptcy trustee – can be downright frustrating. Having your attorney by your side reduces the stress and ensures you are treated with respect and fairness.

3. Give You Tips for Re-building Your Credit

Filing for bankruptcy and having your debts discharged is not the final step in bankruptcy. Much of the hard work is still to be done. Once you’ve filed for bankruptcy you need to begin rebuilding your credit. Bankruptcy law firms in St. Petersburg can help you get into a position to right your financial ship and they’ll give you tips to help you raise your credit score in as short of a time as possible.