Dallas Attorney Consoles
If you’re wondering about your legal rights after filing for bankruptcy, then you’ll want to consult with a bankruptcy attorney who has experience with all aspects of bankruptcy laws. The majority of individuals who file for bankruptcy protection do not realize that they are giving up many rights. In fact, most people mistakenly believe that their bankruptcy can simply be dismissed if it doesn’t go through the courts. While filing for bankruptcy protection does give you certain protections from creditors, you still need to take care in how you word your promises and how you handle your debts in order to avoid making financial mistakes in the future. -Read this article
In addition to the right to file for Chapter 13, or liquidation, most individuals who file for bankruptcy protection also receive several other notices and paperwork from the bankruptcy court. Many individuals begin to receive collection letters and debt collectors trying to contact them shortly after filing bankruptcy protection. You will probably also begin receiving mail at this time demanding repayment of any loans you owe. Although these types of legal solicitations are not very threatening, you may wish to consult with an experienced bankruptcy law firm to discuss the collection letters that you receive. If you receive one of these threatening notices, you may wish to consult with an experienced bankruptcy lawyer who has experience representing clients in situations similar to the ones you have received.
Another common problem that occurs after you file for bankruptcy protection is the failure to discharge debts. Although it’s true that the bankruptcy code does allow debtors to discharge debts in some circumstances, it is often difficult for debtors to discharge debts when they have accrued huge amounts of debt and failed to find stable employment. Unfortunately, failing to discharge debts is not only inconvenient but often leads to expensive litigation and can cause damage to one’s credit rating. For this reason, most bankruptcy attorneys will advise their clients to seek pre-settlement counseling and repayment plans with their creditors. This counseling can often be achieved without the expense of legal representation, although your attorney should try to be involved in the process from the start.