This region has been hard hit by the economic downturn, and Dayton bankruptcy lawyers have been busier than ever year to date. Dayton bankruptcy lawyers are working overtime to help stabilize the economy.
Dayton bankruptcy lawyers are really on the front lines of helping to restore some of the balance to the community, economically speaking.
Many people find themselves surprised to be visiting a lawyer. Not too long before they were solid, bill paying citizens. They payed the college tuition, the credit card bills and the mortgage on time.
There are a couple of ways to find a lawyer. Ask around is one way. Talk to your friends and relatives. It might surprise you to learn how many people, especially in this economy, have had to contact a lawyer regarding their distressed finances.
If friends and relatives have been lucky and smart, and they cannot provide a referral, go to the internet or community or church based organizations; you will be sure to find a good number of choices.
Don’t go the the lawyer with no ideas of what you want to accomplish during the reorganization and expect that you will get the outcome that you want. Take some time and make a plan.
Your plan can consist of where you would like to be economically speaking over the next two to five years. List your “must haves”.
Your lawyer will access your situation and advise you on what is realistic in your plans. The advise may be to file Chapter 7 or Chapter 13 consumer bankruptcy, or it may be to go back and deal with your creditors individually.
The conservative advice might be to get an additional job, sell some assets or put yourself on a budget.
The state you may find yourself in now is not the end of the world. With careful planning and working with a professional, there is a great chance that five years from now you will be in a much better economic state.