USS Constitutions Arkansas bankruptcy attorney,Ft smith attorneys,Social security fort smith ar Take Control Of Your Bankruptcy With Help From an Attorney

Take Control Of Your Bankruptcy With Help From an Attorney

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No one can predict when something bad will happen. Whether it’s bankruptcy or an injury, sometimes the best person to help you out through a difficult time is an attorney. Fortunately, many attorneys specialize in different things. For example, there are accident claims lawyers and bankruptcy lawyers just waiting to help their next client.

In the United States, bankruptcy is one of the things that many of Americans end up enduring at some point of their lives. With so many people living paycheck to paycheck and without a savings to boot, it’s no wonder that the bankruptcy rate is so high. In fact, recent US bankruptcy court statistics reveal that nearly 1.5 million Americans file for bankruptcy every year! That’s an alarming number, but what is the main cause? Why are people struggling so much? Well, Harvard University conducted a recent study that discovered that medical expenses make up an estimated 62% of personal bankruptcies each year. Student loans are another type of debt crippling many, resulting in an estimated 15,000 bankruptcies each year in the US.


Unfortunately, when someone files for bankruptcy, it’s not a matter of simply filling out a form. The process can actually be quite lengthy, which is why having a local attorney on your side would be a good thing. Bankruptcy also comes with fees to pay, such as a filing fee, which is typically $335 for a Chapter 7 case. Chapter 7 bankruptcies are one of the most commonly filed bankruptcies in the US, and with the help of a local attorney, the success rate for bankruptcy claims is remarkably high, clocking in at 95%.


Another reason why one might need an attorney would be because of personal injury. Many people might not be aware of the fact that personal injuries, especially if they’re the result of a product malfunction or workplace injury, usually result in some sort of compensation being awarded. For example, in the US alone, the cost of civil lawsuits is $239 billion. A local attorney who specializes in personal injuries will be able to walk clients through the process of filing lawsuits and receiving the compensation they’re due.

So whether you find yourself in the midst of bankruptcy or a workplace injury, rest assured in knowing there are attorneys out there just waiting to help.

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