Bankruptcy Lawyer Bryan W. Stone answers the question: “How do I find a bankruptcy attorney in Charlotte?”
If you are considering filing bankruptcy because you cannot pay off your debts, you need to speak with an experienced lawyer to obtain as much information as you can.
When debtors talk to a Charlotte bankruptcy lawyer, they may not know what questions to ask. For this reason, we have compiled a list of questions to ask a bankruptcy attorney before filing bankruptcy in North Carolina.
1. What is the Right Bankruptcy Option in My Case?
There are three bankruptcy options to choose from:
Each of these options has unique characteristics and differs in terms of the requirements and procedures. That is why it is vital to consult with an experienced attorney to determine which bankruptcy option is right for your particular situation.
2. Will Filing Bankruptcy Negatively Impact My Credit Score?
In most cases, filing bankruptcy affects the debtor’s credit score. However, how the bankruptcy filing will affect your credit score in your specific situation depends on the circumstances of your case.
3. How Long Will Bankruptcy Stay on My Credit Report?
The number of years a bankruptcy filing will stay on the credit report is a primary concern of many people who file bankruptcy in North Carolina.
While filing bankruptcy will most certainly hurt your credit score, it will not stay on your credit report forever. In fact, if you seek the legal counsel of a knowledgeable bankruptcy attorney, he or she will help you work toward rebuilding your credit score.
4. What Documents Do I Need to File Bankruptcy?
If you wish to file bankruptcy after consulting with an attorney, you need to understand that initiating the bankruptcy process is no easy task. In order to file for bankruptcy, you need to gather many different types of documents and ensure that your paperwork is submitted correctly.
Any mistakes in filling out forms and preparing documents could result in the dismissal of your bankruptcy case. For this reason, you need an experienced attorney to help you stay organized when filing for bankruptcy.
5. Can I Keep My Assets After Filing for Bankruptcy?
As you may (or may not) know, depending on the type of bankruptcy and the unique circumstances of your case, it is possible that some of your assets may be sold to pay off debts as part of the bankruptcy process. However, you will not lose all of your assets after filing for bankruptcy due to North Carolina bankruptcy exemptions. Talk to a lawyer to determine which assets are exempt in your particular situation.
6. Are There Any Alternatives to Filing Bankruptcy?
Before you actually file for bankruptcy, you need to understand whether there are any alternatives to filing bankruptcy. During a consultation, ask your attorney if any other options are available to you in your specific case.
7. What Should I Do After Filing for Bankruptcy?
While it is critical to prepare for what happens before the bankruptcy process, it is equally important to know what to do after filing for bankruptcy. After your filing, you will need to take steps to rebuild your credit score, and your lawyer can help you with that.
Contact a Charlotte Bankruptcy Lawyer to Discuss Your Case
Filing for bankruptcy without an attorney can be scary and confusing. That is why you should consult with a Charlotte bankruptcy attorney to know what to expect after filing for bankruptcy. Contact our attorneys at Arnold & Smith, PLLC, to schedule a case review. Get a phone, in-person or video consultation by calling at (704) 370-2828 to speak with our detail-oriented and well-versed lawyers, or fill out our contact form. Now taking cases throughout North Carolina with offices in Uptown Charlotte, Mooresville and Monroe.
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