Part of what makes business so engaging for millions of investors and companies is the fact that it routinely rewards innovation, bold moves, and careful strategizing. Even so, however, just as “the best laid plans of mice and men” are sometimes thwarted by fate, so too can a perfectly-cogent business plan meet with disaster. That being said, financial losses, while immensely significant, should never be the last chapter of a story. Everyone makes mistakes, and no one wants to have their life, career, or company defined by their worst move.
That’s why the legal experts at the Law Offices of Tara M. George, PC work with business owners and individuals to make this difficult process a little easier.
Here’s how they can help you deal with cases of bankruptcy in Fall River, MA
Determine Your Status
First, you’ll need to inform your attorney of your situation in terms of your debts, assets, and how the former stack up against the latter. They can then counsel you as to what type of bankruptcy best suits your status. It is critical to note that there are two primary types of bankruptcy with which people are typically familiar, Chapter 7 and Chapter 13. The former of these is most commonly claimed by individuals. The latter is often used for larger, court-mandated payouts, or situations such as pending foreclosures.
A skilled law firm nearby which specializes in this field can help you determine which type best suits your needs, and can help you get started with the proceedings.
When you are facing a situation as dire as bankruptcy proceedings, it is critical that you do not feel priced out of getting the help you need. Getting proper legal assistance in this situation can make the difference between bouncing back and failing to meet further payments. That’s why the best legal firms specializing in Chapter 7 and Chapter 13 bankruptcy cases endeavor to make their services affordable to clients. They are here to help you recover your situation, and won’t add to your existing financial burdens.
Call today for legal and financial assistance from a firm close to you.