Hire experienced lawyer to file in chapter 7 petition

Hire experienced lawyer to file in chapter 7 petition

In today’s unpredictable and risky business environment more and more companies are turning bankrupt. Though it is a wise decision to file-in for bankruptcy but more and more people try to avoid it due to several myths. Attorney Joseph Pleva has helped many clients to overcome such myths which are making their lives miserable and in return indebting them.

It is also expected to consider the disclaimer viz. no representation is made that the quality of legal services to be performed is greater than the quality of legal services to be performed by other lawyers. You will be able to learn about chapter 7 bankruptcy this will help provide you relief from making payment for several unsecured debts.

What is the procedure for filing Chapter 7 petition?

-Disclosure making

You have to provide information about your full source of income, debt and asset. You are required to calculate whether your income is less or greater than the average salary in the state. For this purpose you are required to fill few forms which help you determine the average income in the state.

-Document filing

Your lawyer will provide you thorough credit counseling which will help you to met the requirements for debt handling.

-Petition filing

Lawyers will help you to assemble all your papers and file in for chapter 7 bankruptcy petition in the court. Due the filing of petition you will also be able to get a harassment free environment i.e. your creditor’s then will have no right to call you to make the payment.

-Creditor’s meeting

You are required to attend the meeting with all your creditors where you will be asked questions after you take an oath. The meeting will be organized by a trustee to finalize the deal between you and creditors.

-Meeting the requirements

You have to present few listings in front of the bankruptcy court before your case is closed.

Category Business

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