An important duty of a bankruptcy lawyer is to properly advise you on actions you can and should not take for a favorable outcome.
It is challenging enough to educate yourself about the complexities of bankruptcy law, but to do so at a time when you are understandably emotional about your financial situation isn’t something you want to do. Without the guidance of a bankruptcy lawyer, you could end up with adverse issues that could affect your future going even further and more upsetting than what a bankruptcy normally does. For example, in 2018, a neurosurgeon seeking to file bankruptcy during a medical malpractice case was sentenced to two years in federal prison for attempting to hide assets. An additional three years of supervised release and more than $300k in restitution was also part of the sentence.
This isn’t even one of the worse results, as in 2014, a California man was sentenced to 17 years in prison for hiding assets during divorce and bankruptcy proceedings. Our job at Meadows & Aderhold, P.A., as your bankruptcy lawyer, is to be sure you don’t make a mistake that could cost you dearly – even your freedom!
It is also our responsibility as your bankruptcy lawyer to properly advise you whether bankruptcy is the best option for you. In some cases, debt restructuring and consolidation is a better choice. By taking the time to get to know you, your financial situation, and your objectives, we can best guide you through the process of getting back on the financial path that you want to be on. We’ll put your best interests first from start to finish. Call today to schedule an appointment to meet with a bankruptcy lawyer and get answers to your questions about bankruptcy in the Lexington, North Carolina area.