Bankruptcy, especially chapter 7, can be a simple straight forward process, but it is also a very formal process.
The benefits and drawbacks of filing consumer bankruptcy, through chapter 7 or chapter 13, are best covered with an experienced bankruptcy attorney in your state.
Most bankruptcy attorneys offer a no cost initial consultation. Unless you have a need to file a fairly complicated asset intense chapter 13, I would not schedule a consult for a fee.
Your free consult is typically limited, so you may find you need to speak with more than one attorney. Be sure to check out my guide to finding the right bankruptcy attorney for you.
Here are 2 large consumer law attorney networks I typically refer people to in order to locate someone near them.
NABCA – The National Association of Bankruptcy Attorneys focuses on this one thing.
NACA – The National Association of Consumer Advocates has members that equally focus on bankruptcy, but can also be a wealth of experience with consumer law issues like debt collection, credit reporting, foreclosure, elder issues, and more.
If you want to talk to an debt expert to compare bankruptcy with other options that may help you avoid it, you can schedule a call with Michael Bovee. I am a huge fan of chapter 7 (not chapter 13) for a fresh financial start, but there are some situations where it could be better to avoid it.