When you have made the decision to file for bankruptcy, you will have dozens of questions that only your lawyer can answer. Fortunately, your legal team will insist on a meeting during which you can ask your questions and get a significant amount of information in return. During this meeting, it is important that you pay attention to what your lawyer tells you and ask questions immediately when they arise in your mind. These critical details are a some that your bankruptcy attorney in Batavia will relay to you during your consultation.
Identifying Qualifying Debts Your lawyer will discuss with you what debts that you can discharge in your case. Most debts can be included in your filing. However, specific debts like those related to paying taxes to the government, defaulted child or spousal support payments, or judgments that arise from criminal lawsuits cannot be dismissed. Still, you can include obligations like credit card bills, medical expenses and payday loans in your filing. These accounts can be discharged and resolved completely.
Disclosing Assets, Your lawyer will also tell you to disclose all of the assets that you own. These include jewelry, life insurance policies, stocks, bonds and other assets. The court will include these in your income and could order some of them sold to satisfy some debts.You can learn more about meeting with a bankruptcy attorney in Batavia online. To set up a consultation, contact the Jackson Abdalla Law Group.
