Top 3 Reasons to Consult a Bankruptcy Attorney

When it comes to dealing with debts and payments, there are times when challenges become difficult to navigate without assistance. A bankruptcy lawyer in Surprise will help you face these problems.

As a consumer, you may not know when it is wise to file for chapter 7 bankruptcy or chapter 13 bankruptcy, and it can be hard to know what each actually entails. Here are the top three reasons to connect with a bankruptcy lawyer in Surprise to discuss your options.

1.   If Your Debts are Overwhelming

The primary reason to talk to a bankruptcy lawyer is to figure out your options.

Consulting with a chapter 7 bankruptcy lawyer is a good idea when you are facing insurmountable financial problems. Chapter 7 bankruptcy takes care of all of your personal liability on dischargeable debts.

If you have medical bills, loans, or a mortgage that you simply cannot pay and you don’t need to hold onto your assets, the best option is chapter 7 bankruptcy. A lawyer can help you to determine if you’re eligible or qualify under the “means test”.

If you cannot qualify for chapter 7 bankruptcy, or if you are trying to keep a hold of your assets, consult with a bankruptcy lawyer about chapter 13 bankruptcy. This form of bankruptcy redistributes your debt so that you can afford to pay a monthly amount. Some debt may be forgiven, while other debt will be reduced or the interest rate will be lowered and fixed. A chapter 13 bankruptcy can in some cases help a debtor stop foreclosure on their home and/or repossession of their vehicle.

2. If Your Debts are Becoming Problematic

Maybe you are still able to make all of your payments, but money is starting to get tight. If you feel like you are headed down the path of not being able to make payments, it’s best to learn what your options might be now. Having a plan in place, and proper legal advice, will ensure you are well prepared to deal with any problematic debts that come your way in the future.

3. For an Experienced Helping Hand

Of course, the process of filing for bankruptcy is not easy, whether you’re filing for chapter 13 or chapter 7. If you are hoping to navigate anything new, it’s best to have someone on your side who has the experience, knows what to expect, and knows how to get you the best outcome considering the circumstances. Having a knowledgeable Surprise bankruptcy lawyer can help you make the most informed decision when it comes to your bankruptcy options.


This blog is intended as a general discussion of legal issues and not as a statement of fact, legal advice or a legal opinion. No attorney-client relationship is created by this blog. Do not act or rely upon law-related information in this communication without seeking the advice of an attorney licensed to practice in the relevant area.

This blog article was created by Larry P. Karandreas, Esq., on behalf of the Law Offices of Larry P. Karandreas, P.L.L.C., A Lawyer Who Cares™, which concentrates its practice of law to Chapter 7 and Chapter 13 Bankruptcy, and in Debt Negotiation. If you live in or near Phoenix, Glendale, Scottsdale, Peoria or the Surprise, Arizona area and want legal advice or help – please visit the firm website for more information. 
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