If you've made the decision to declare personal bankruptcy, you need to find a bankruptcy lawyer to handle the process for you, especially since the Bankruptcy Abuse Prevention and Consumer Protection Act was put into place.
The bankruptcy law that was instituted in 2005 changes how different debts are handled. Under the new law, you will have to pass a "means test" to determine what type of bankruptcy you can file for. If your income is above the median income for your state, you won't qualify to have your debts canceled under a Chapter 7 filing. Instead, you will have to file for a Chapter 13 bankruptcy, in which the debts will be restructured.
With both types of bankruptcy, you will be required to undergo credit counseling to help insure that you don't get yourself in trouble again. Because the new laws make it more complicated for consumers to file for bankruptcy, a qualified lawyer will be able to explain your options and handle the settlement process for you.
Before you choose someone to handle your case, it's a good idea to collect all your income and debt information to speed up the process. Once you've gathered all your financial data together, you can start looking for a lawyer to handle your case. You want to look for a certified specialist or a lawyer that has substantial experience in handling bankruptcy cases.
If you want to learn more about bankruptcy and other ways to handle your debts, check out the following articles: