How an Attorney Can Help You Avoid Bankruptcy

An attorney can help you better negotiate with creditors and create a more manageable repayment plan. A knowledgeable bankruptcy lawyer can also help you understand your rights as a consumer and assess the statutes of limitation that may apply your debts.

How Long Before I Can File for Bankruptcy Again?

Technically, bankruptcy laws allow you to file as frequently as you wish, but you will only receive a discharge if enough time has lapsed since your previous discharge. Therefore, it’s important to be aware of the limitations so you do not waste money and time filing for bankruptcy when you are ineligible for a discharge. The timeframes for receiving bankruptcy discharges differ depending on the type of bankruptcy you file:

Will Bankruptcy Affect My Immigration Status?

Any legal resident of the United States may file for bankruptcy. There is no requirement that you be a U.S. citizen, or even have a green card—anyone who is living in America legally can file for bankruptcy in this country. In addition, there are no laws that indicate filing for bankruptcy will prevent the United States Citizenship and Immigration Services (USCIS) from approving your green card, visa or application for citizenship. This does not mean that filing for bankruptcy cannot affect your immigration status at all, however.

Will Bankruptcy Affect My Job?

Individuals who are considering bankruptcy are often concerned about the effect it will have on their employment. For example, will your employer find out you filed for bankruptcy? Could you be fired because of it, or be denied a job during the application phase because of a bankruptcy filing?

How Will Bankruptcy Affect My Credit?

As you consider filing for Chapter 7 or Chapter 13 bankruptcy, you may be understandably concerned about the effect it will have on your credit score. However, if you had an excellent credit rating before filing for bankruptcy, you could see a big plunge to you credit.

Can I Keep My Car if I File for Bankruptcy?

Your ability to keep your car when filing for bankruptcy depends on several factors, including the type of bankruptcy you are filing, the status of your car payments and the equity status of your vehicle.