Crucial Steps to Take During Your Search for the Perfect Bankruptcy Lawyer to Represent You in Court

Considering how our lives have become so dependent on credit cards for every little purchase, it becomes very easy for people to lose track of how much money they owe and before they know it they get buried in so much debt that they find it impossible to recover from it. This is not only limited to people but carries on to businesses and organizations as well. The borrowing and lending of money and the purchase and selling of goods on credit are the main reasons which lead to excessive debt. This is why we have bankruptcy laws to help people recover from excessive debt and start fresh. But the laws of bankruptcy are quite complicated and in order to file for bankruptcy you need to have a competent bankruptcy lawyer to help you out.

To begin with, the very first step that you need to take before filing for bankruptcy is to hire an experienced bankruptcy lawyer. This step though might appear to be very simple; it is in fact the main step that will determine how your bankruptcy case unfolds in court and how likely you will succeed in it. The bankruptcy lawyer you choose is your future and therefore you need to take the utmost care and caution when choosing which bankruptcy lawyer to hire to represent you in court. This article is written to specifically help you out in this step. You will get to know all the steps required for you to successfully hire the best bankruptcy lawyer for you.

The first source to look into for bankruptcy lawyer referrals is either your friends or any other lawyer that you may know. If you do not know of any person who is a lawyer or any person who knows a lawyer than the second source to look into for a bankruptcy lawyer is the yellow pages. This is a convenient and quick way to get a name of a bankruptcy lawyer working in your area. The yellow pages usually list all lawyers according to their specialty therefore looking into the bankruptcy section will immediately give you a list of all bankruptcy lawyers in your area.

The next step involved in your search for a good lawyer is to start gathering some background information on the names you have in your list. Background information can easily be found on any lawyer through the internet. If not you can call up the court and ask them for a review on the lawyer you are interested in. Check out for which bankruptcy related lawyer has the most number of successful cases and which bankruptcy related lawyer has the longest work experience of practicing particularly in your area and your local court rather than in any other state. If a bankruptcy lawyer has a longer experience in another state then avoid hiring him or her because the laws and regulations change a lot from state to state and that bankruptcy lawyer might not have sufficient information to represent your case.

Once you narrow down your list to two or three lawyers then start calling up each bankruptcy related lawyer and ask them to allow you to visit them for a consultation session. These consultation sessions are normally free. If a bankruptcy related lawyer is charging you for it, avoid him or her. This initial session with a bankruptcy related lawyer will help you make the final decision of which bankruptcy related lawyer to finally hire depending on which one you are the most comfortable with. Comfort is a major factor because in the coming days you will be spending a lot of time with this new bankruptcy related lawyer, therefore always ensure that you are fully comfortable with him or her.

Experience Is Number One When Selecting A Bankruptcy Attorney

As the economy continues to spiral downward, many Americans are afraid they might be facing a bankruptcy filing in the future. None of the economic news that the media is putting out seems very promising. The perfect storm is being created because the government continues to print and borrow more money with the consequences of evaluating the US dollar. Many economists are predicting hyperinflation due to Keynesian economics the current administration is trying to unsuccessfully use to get out of trouble. Americans are now fearing that they may have to file for bankruptcy if things don’t get better. The credit card debt of the average American is now eight times higher than it was 30 years ago. With so many people surviving only on their credit cards, it doesn’t take a rocket scientist to figure out that many of these individuals will end up filing for bankruptcy.

The idea of filing bankruptcy sends chills down most individual spines. It’s really not as bad as what most people think as long as the debtor has the help of an experienced bankruptcy attorney. How do you find a quality bankruptcy attorney? It’s not a common topic at the dinner table as most people don’t want to accept the fact that a bankruptcy filing might be in their future. There’s also the pride thing. Many people that are struggling to make ends meet are embarrassed about their pending financial failure that they won’t ask for help. Filing for bankruptcy is not usually something that people want to share with their friends and family.

When looking for a bankruptcy attorney the most important thing that an individual should look for is experience. It’s just like finding a good surgeon, in most cases, the more surgeries they perform, the better they get at it. The more experience a bankruptcy attorney has, the odds are better that they will face different circumstances that allows them to have more knowledge of all areas of the bankruptcy code. Most attorneys try to practice in a specific area of the law that they excel at. Many specialize in Chapter 7 bankruptcy, working with families and individuals. There are others that make their forte, Chapter 13 bankruptcy, which is more geared around protecting real estate and property.

Since the changes to the bankruptcy code in 2005, filing bankruptcy has taken on a new complexity that should not be done without the help of a bankruptcy attorney. Although, the law allows for an individual to file bankruptcy pros se, it’s not advised. There are many landmines that someone could run into trying to do it on their own from filling out the petition all the way down to the timing of when to file bankruptcy.

When an individual considers filing for bankruptcy, if they don’t know an attorney, they should go consult with a couple of attorneys before they make their final decision. Finding the right bankruptcy attorney also includes the dynamic of the relationship. When a person is intimidated by their bankruptcy attorney, they can find themselves afraid to share everything with an attorney. It’s important to have an attorney that you feel comfortable with and not afraid to ask any questions. After the debtor finds a bankruptcy attorney that they feel comfortable with, they should make sure that an attorney has experience with the debtor’s specific situation. If there are no references for the debtor to check, they should check out the bankruptcy attorney online on sites like the BBB and the local state bar. bankruptcy might be the most important financial decisions in individual might make, that’s why a person should take the time to find the right bankruptcy attorney to take them through it.

What To Do With Bankruptcy Lawyers

The reasons why, if you are facing bankruptcy, you should only deal with specialist bankruptcy lawyers.

People who file for bankruptcy generally go through the unpleasant process only once in their life time. The experience is usually more than enough for the average person. The stages that lead up to bankruptcy can be totally traumatic, with pressure from all and sundry, and the feeling of failure that accompanies it.

Then one day the sickening realization begins to sink in that you are not going to make it and the protection of bankruptcy appears like a desert island in a choppy sea, and you can’t wait to swim there. But you need someone to throw you a life belt, and if you are wise or lucky, the person throwing a life belt will be a specialist bankruptcy lawyer.

Help! I’m drowning in spiraling debts. I need a lawyer, but not just any lawyer. I need a bankruptcy lawyer!

In an average lifetime, people usually have to deal with lawyers maybe four or five times. That should be enough for most of life’s challenges. Many people take comfort in the fact that they have a family lawyer, who they can call on to attend to simple legal issues. However this type of lawyer could deal the kiss of death for your bankruptcy. They will be emotionally and professionally ill equipped to handle your case, and the best piece of advice he or she can give you is “Go somewhere else.”

The reason for this short but meaningful suggestion is that they are well aware that in recent years practicing law has moved into specialist areas. There are lawyers who deal with criminals, there are lawyers who deal with corporate law, copyright laws and finance. Then there are bankruptcy lawyers.

As you find yourself swimming towards the island of bankruptcy protection, the last thing you need is a criminal lawyer inflating your life raft, or for that matter a lawyer dealing in corporate law or any other form of lawyer, apart from a bankruptcy lawyer. Only he or she has the specific information, experience and understanding to handle your bankruptcy filing and produce the best results on your behalf.

Once you have absorbed this fact, then you are now trapped on the desert island of bankruptcy with your bankruptcy lawyer. You have to provide them with all the information that they need. There are many people who, despite the fact that they are paying their newly found bankruptcy lawyer a very tidy sum to handle their case, they refuse to submit the full details of their financial situation. They are either embarrassed to find themselves in such a situation, while others foolishly try and keep some funds aside for survival purposes after the bankruptcy. Bankruptcy lawyers are no fools and they have a responsibility to the legal system, even more than they do to any specific client. If you find yourself in a situation where you have become insolvent, then it is in your best interest to come clean with your bankruptcy lawyer to the full extent of your financial affairs.
If all goes well, and your new found friend and specialist bankruptcy lawyer has handled your case efficiently and well, backed with all the accurate information you have provided, your bankruptcy will be behind you. You might even find yourself doing the back stroke to dry land of undischarged bankruptcy, safe and secure in the arms of your bankruptcy lawyer who will guide you there.

After that you will be on your own, protected from your creditors, older and wiser and ready to build your life and your credit rating from new.