Once you hire a lawyer, he or she will guide you throughout the process until the problem gets solved. That’s the best part about having an attorney by your side in the time of need.
As per rules, bankruptcy law allows your debts to be eliminated once you file a bankruptcy petition. If the debt is eliminated, you are no longer liable to pay the debt. You may not be aware of the legal process, but a lawyer does. That’s why it’s important to consult an experienced attorney when it comes to facing a complex situation.
Here’s a list of debts that can be eliminated with a bankruptcy petition:
Some tax-related debts can also be eliminated if the petition is filed in a timely manner. That’s why it’s important to file a petition as soon as possible.
However, there are some debts that cannot be eliminated as per the law. Thus, you must consult a lawyer before filing a bankruptcy petition and gather enough information about the process.
Ready to hire a lawyer? Jerome C Payne Law Firm would be happy to help you. Do not hesitate to contact our team to consult the best bankruptcy law attorney in Memphis, TN.