Getting the Right Bankruptcy Help

My husband and I recently contemplated filing bankruptcy. There are a lot of costs to declaring chapter 7 or 13. We were looking into chapter 13 since we had too much property value to declare chapter 7 without losing our home. Along with the possibility of losing valuable assets, there is a cost to filing for bankruptcy when it comes to your reputation. Since your credit rating is an indictor to businesses of what your personal attitudes and ability to repay loans is, a ding in your rating from a bankruptcy of any type can be a painful one to overcome. However, there are a lot of ways that filing chapter 7 or 13 can actually help you. If you are contemplating filing, then it is pretty likely your credit rating is already in bad shape. Filing bankruptcy will clear that up and banks will be aware that those old debts are no longer an issue. When filing for bankrupcy we immediately sought out the advice of a lawyer. While filing is not cheap, it is far less expensive than paying debts you can't afford, or continuing to fight the bad credit too much debt causes. However, always be sure to find free consultation bankruptcy information. There are two reasons you should find a lawyer that will offer a free consultation. The first is that while bankruptcy will cost you money, that is one less bill you do not need. The second reason is that you should talk to as many representatives as necessary to feel comfortable with who you hire to handle your case, and make you feel like they understand your needs. That can get very expensive if you have to pay just to speak with each person while making that decision.