If you are fighting to stay afloat, juggling paying your bills, worrying how you will make it to your next paycheck, dreading each time the phone rings, it may be time to sit down with a Bankruptcy Attorney in Marion Il.
First, it should be noted there is no shame in filing for bankruptcy protection. Bankruptcy is a legal process to provide relief for individuals who can no longer continue making payments on their debts. Bankruptcy is not for everyone and not everyone who files for bankruptcy will be eligible for it. Bankruptcy comes in different forms. A Chapter 7 bankruptcy is a liquidation of one’s debts and is the most common type of bankruptcy protection. A Chapter 13 bankruptcy is a repayment plan where a portion of one’s debts are repaid over a given period of time. Most businesses seeking bankruptcy protection who have substantial assets and debts would file for Chapter 11 bankruptcy. With these and many other bankruptcy options, consulting with a bankruptcy attorney in Marion Il is the best first step.
When looking for a bankruptcy attorney in Marion Il, you may be reluctant asking friends and family for them to refer one to you. Unlike looking for a good roofer or an honest mechanic, letating others know you are in financial distress can be an embarrassing experience, although it is a safe bet to say that more people than you may think have either hired or consulted with a bankruptcy attorney in Marion Il than you may think. The economy, failed marriages and medical bills from serious injuries or illness have affected us all. You might find more than one person in your sphere of influence with a sympathetic ear.
A referral notwithstanding, your next best choice for finding an attorney to help with filing for bankruptcy is to search online. There you will be sure to find a qualified and professional bankruptcy attorney in Marion Il. Start by requesting an initial consultation with the prospective bankruptcy attorney. Set several appointments with a handful of attorneys and when you meet with each one, ask them how much experience do they have practicing bankruptcy law, ask them what their fees are and what kind of a retainer they require and if they have contact information for any previous clients who are willing to share their experience with you.
