The Bankruptcy Process Made Understandable And Doable

Many people put off talking to a bankruptcy lawyer simply because the process seems intimidating. A struggling debtor may be under stress and not want someone else to scrutinize his or her finances. There may be questions about eligibility, timing or complications such as a pending divorce.

However, a time comes when seeking legal advice is unavoidable. When debts become unmanageable, sooner or later, someone else will get involved. Will that "someone" be an army of aggressive bill collectors? A home loan lender threatening foreclosure? Or a systematic, law-abiding bankruptcy trustee, assisted by a bankruptcy lawyer on your side to guide you through the process?

At Lefkovitz & Lefkovitz in Tennessee, our years of experience enable us to help potential clients and new clients grasp the steps in the bankruptcy process. Our goal is for inquirers who request free initial consultations to go out of those meetings understanding what to expect if they select bankruptcy as a debt relief solution.

In a nutshell, if bankruptcy is right for you, you can expect a process something like this:

  • Brainstorming your case with the assistance of an experienced attorney
  • Taking a government-required means test
  • Completion of homework: gathering together loan documents, proof of income and other necessary information and tools
  • Review of the inventory with a lawyer
  • Outlining assets, liabilities and income
  • Completion and filing of a bankruptcy petition
  • Attendance with your attorney at a creditors' meeting (rarely attended by creditors)
  • Waiting to receive notice of discharge of debts

This description of the bankruptcy process has been abbreviated for simplicity's sake. A personalized review of your particular circumstances will allow your attorney to provide a more detailed plan of attack.

Learn About Bankruptcy Requirements And Step In The Process | Free Consultation

You may reach our Nashville offices at 615-686-2279 or Cookeville offices at 931-528-5297. You can also reach us via email to set up a time to talk to us about your bankruptcy issue.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.