With the economic downturn, many individuals are finding themselves dealing with unemployment, underemployment, outsourcing, increasing interest rates, and rising consumer prices. This can result in a person owing more money than he has come into his household. When you find yourself in this situation, it can be overwhelming. To find financial relief and get a fresh start in life, consider visiting with a Chapter 7 Bankruptcy lawyer. Use the following guidelines to prepare for an initial meeting.
Before you see a Chapter 7 Bankruptcy lawyer, ensure that you completely and honestly fill out all client forms. Return these to the law office at least a week before your meeting. This will give the lawyer a chance to review them. Wear the right clothing. You don’t have to buy new clothes. However, avoid wearing clothing that is tattered or dirty. Use your best manners when interacting with the lawyer or a member of his staff.
Because the lawyer will probably have limited time for your meeting, ensure that your documents are organized. You can purchase inexpensive folders to sort these items. Label the folders with bold letters. You will be asked to provide your contact information, social security number, marital status, number of people in your household, place of employment, and income. You should bring all correspondence between you and creditors. Also, provide copies of your tax returns for the past three years, recent bank statements, and proof of real estate ownership. Ask the support staff of your bankruptcy lawyer for a full list of details to provide.
When you talk to your bankruptcy lawyer, he will want to know who you are and what your spending habits are. He will also inquire about problems that have kept you from meeting obligations to your creditors. This will enable him to form a better view of your situation. It will also allow him to prepare your case to be presented to a bankruptcy court.
Being eligible for a legal status such as bankruptcy requires you to prove your inability to pay your current debts. By organizing your information, your lawyer can evaluate your situation in an easy manner. For more information on bankruptcy services, please talk to an expert like the ones at Chicago Debt Solutions. This firm can handle many kinds of debt solutions. You can also visit their Google+ page for more information.