How to Prepare for Your First Meeting With A Bankruptcy Lawyer

If you’ve decided to seek help for financial problems, we urge you to feel relieved – not embarrassed. John G Rhyne, Attorney At Law is passionate about helping those throughout eastern North Carolina get their financial affairs in order. Let us help you prepare for your first meeting with a bankruptcy attorney.

First, it’s vital to be completely open and transparent about your entire financial picture. You can expect to be asked about your family, marital status, income, whether you owe taxes, whether you have any credit-related judgments, or any debts you have. Don’t be hesitant to answer any questions your attorney may ask – they are there to help!

Be sure to bring any documents and financial statements relevant to your bankruptcy case. These include mortgage documents, income statements, investment information, divorce paperwork, and any loan paperwork. Also bring copies of your Social Security card, driver’s license, and life insurance plan. If you’re not sure whether to bring something, err on the side of caution and take it with you.

Once you and your attorney have thoroughly reviewed your finances, it will then be time to discuss a plan to best suit your situation. Be aware that there are six chapters of bankruptcy, but the most common are Chapter 13 and Chapter 7. You will want to make sure you understand which is the right fit for you and why. Don’t be afraid to ask questions. If there are certain assets you hope to keep, like a car, boat, or house, communicate that to your lawyer. Make sure you’re prepared to discuss your lawyer’s legal fees and take notes on any information you don’t want to forget.

When it comes to filing for bankruptcy, choosing the most knowledgeable attorney in eastern North Carolina will be one of the easier decisions you have to make. Turn to the bankruptcy lawyer who has been practicing in the area for more than 25 years. John G Rhyne, Attorney At Law can act as your Chapter 13 attorney, Chapter 7 attorney, or Chapter 12 attorney. Our team will be here for you throughout the process to help you understand bankruptcy costs or how to get back in control of your debt. Get in touch today for a consultation!