At my law firm, I understand the ins and outs and the pertinent details of the bankruptcy process. For example, although the Chapter 7 process will discharge most of your debts, you will also agree to liquidate most, if not all, of your assets. Also, some debts, such as student loans, cannot be discharged. Also, you may have to continue to make payments on certain properties with a lien attached. If the bankruptcy court determines that you can pay a significant portion of your debts, they can move you into a Chapter 13 and set up a payment plan for either three to five years.
There is a lot to consider even before filing a bankruptcy petition. There is much to plan for even before you fill out the copious amounts of paperwork that must be completed before, during and after the bankruptcy. You have to list every single creditor and every asset, including those items you don't want to include in the bankruptcy. Failure to do some things can result in the entire case being thrown out and you having to restart the process. There is a lot to do and you should have competent legal counsel by your side as you do it. I have the knowledge, experience and skill to make sure all details are attended to and that you receive the best possible outcome.