Bankruptcy Lawyer: When to Hire One

If you are having difficulties with finances and are considering debt consolidation or bankruptcy, you may also be considering hiring a bankruptcy lawyer. Of course for those who are in a financial rut or on the verge of financial ruin, coming up with extra funds to pay a bankruptcy lawyer can be downright impossible. Despite the shortage of money, it is often best to still consider at least consulting with a bankruptcy lawyer before you begin the process.

The main purpose of a bankruptcy lawyer is to help an individual or business go through the legal procedures for filing bankruptcy. Lawyers are meant to help deal with creditors, meet with the court systems to set up payment plans or repayment programs, gather together and liquidate assets, and fill out and file necessary paperwork. Just as a realtor would be the knowledgeable party in the selling or buying of a home, a bankruptcy lawyer will be that knowledgeable source during a bankruptcy proceeding.

In most state and county legal systems, you are not required to have a bankruptcy lawyer for the legal proceedings. This does not always mean it is wise to do without a bankruptcy lawyer, though, as most specialize in just financial law. Unless the court case would be easily cut and dry or you already know a great deal about the legal system in this case, a bankruptcy lawyer can help from becoming overwhelmed with the legalities of the system.

From the start, a good bankruptcy lawyer should help you to determine which chapter of bankruptcy to file and will offer sound reasons why. If you don’t know anything about the different chapters, this is an excellent reason to begin consulting a lawyer. Many lawyers will even offer a free consultation where you can simply claim the advice and move on to take care of the remainder of the case yourself. Often, though, lawyers will charge by visit or by activity, such as appearing at the courthouse or filing paperwork.

Keep in mind that not all bankruptcy lawyers specialize in the same type of cases, so it is important to find a lawyer who can help you with the type of financial difficulties you are having. Some bankruptcy lawyers work specifically with businesses, while others work solely with individuals. Having a good experience with your lawyer will undoubtedly include finding someone knowledgeable in the areas you need expertise.

Another excellent reason to consider hiring a bankruptcy lawyer is simply to have someone knowledgeable who can help guide you through the paperwork process. In bankruptcy cases the paperwork is the most overwhelming aspect and more often than not, bankruptcy lawyers will actually fill out and file all of the paperwork for you. This takes away the burden of dealing with paperwork in the middle of a financially and emotionally straining time.

If you decide that hiring a bankruptcy lawyer is right for you, ask the local court house for names of lawyers in the area. You may also want to consider asking trusted friends or family advice for finding bankruptcy lawyers. If all else fails, take advantage of technology and research cases in your area to see which bankruptcy lawyers most often represent individuals or businesses. This is a great way to determine who the best lawyers are for your financial needs.

Evaluation Criteria For a Good Bankruptcy Lawyer

A bankruptcy lawyer can very likely help if you think you may be close to financial disaster. Unfortunately, there are many people who deal with many financial problems. Medical bills can crop up, you can lose your job, and many little things can combine to lead you down the road of financial disaster. In many cases it seems that the last resort available is bankruptcy. If you are considering bankruptcy, you may need to find a good lawyer to handle your case for you. More than likely you are not very informed on bankruptcy, so you need to find someone who can help you through this period, and a bankruptcy lawyer can definitely help. Not sure what to look for in a lawyer? Here are a few great tips that can help.

Research Your Options – There are many great lawyers out there, and when you are looking for a bankruptcy lawyer, you may want to research all of your options. Looking through the yellow pages is not a good way to start. Consider asking your personal lawyer to give you a suggestion of someone who is qualified in the laws surrounding bankruptcy. Also, you may want to get the names of several lawyers and then spend a bit of time interviewing them to find out whether or not you really want to use their services.

Consider Past Cases and Experience – When you’re looking for a qualified bankruptcy lawyer, it is important that you take a look at their past cases and the experience that they have in this field. Have they done well with the cases that they have previously dealt with that are similar to your situation? Find out if they have good experience in the field as well. You don’t want a newbie working on your case, but someone who has some good experience in this field so you’ll have the quality help that you need.

Get Referrals – Before you make your decision one which lawyer to choose, make sure that you check around and ask for referrals. Find out what others have to say about this lawyer, and if you hear a lot of negative things about a certain lawyer, you may want to go with someone else.

Alternative to Bankruptcy – One of the most important things that a good lawyer can do for you is to make sure that you know about any alternatives that are available to you other than bankruptcy. You don’t want to go bankrupt unless you have to. So, make sure you find a good lawyer that will help you determine whether or not you have any other alternatives based on your unique situation.

So, if you are having financial difficulties and you think that bankruptcy may be in your future, it may be time to start looking for a bankruptcy lawyer. Make sure that you keep these tips in mind when you are picking out a lawyer for your needs. The right lawyer can make a difference in your life, so make sure you choose carefully. Finding the right lawyer can actually more than pay for the legal fees in terms of the money and assets they will likely save you in the process.

Patience Is a Virtue When Dealing With Your Bankruptcy Attorney

When a person is filing bankruptcy, their whole world seems like it’s going upside down. The only focus they have is on getting that bankruptcy discharge and getting the creditors off their back. During these stressful times many people continuously call their bankruptcy attorney with problems or to ask stupid questions. While they don’t believe the questions are stupid, in the big scheme of things they are wasting the time of the attorney. Overbearing clients can cause a rift between the bankruptcy attorney, the law office staff and the client.

The attorney knows the timeline that needs to be to get a successful bankruptcy discharge and usually is on top of things. It is best to let the attorney do their job and not bother them unless you are being harassed by creditors. If the bankruptcy has already filed and creditors are continuing to call, the individuals should call the bankruptcy attorney and make them aware of the automatic stay violations. Most of the time, a staff member from the law office will call the creditor and make them aware of the bankruptcy filing. This usually will stop them from calling.

Because of the relationship and the time frame it takes to file bankruptcy, it’s important that people need to take the time to look for a bankruptcy attorney that they get along well with. The entire process of filing Chapter 7 bankruptcy takes about 4 to 6 months of someone’s life. Because someone’s life is turned upside down, they are very hypersensitive during this time frame. If the person filing for bankruptcy finds an attorney they trust, they will be able to chill out and let the attorney do their job. If there is no trust or relationship there, the individual will try and micromanage the law office making everybody mad. This is not the way to have a successful bankruptcy filing. When someone becomes a problem, typically, the bankruptcy attorney will stop calling the individual back and the fight will be on. The old statement, patience is a virtue should be taken to heart because this process doesn’t happen overnight.

My personal belief is hiring a bankruptcy attorney should be looked at the same as putting a sports team together. If all the members don’t work together successfully, the outcome will be shown in the results. There will be important items that might slip through the cracks because the dynamic of the relationship has gone south. In today’s complicated legal system it is much better to rely on the expertise of a bankruptcy attorney then trying to go it alone. Try to keep in mind at all times the reason of why the attorney was hired in the first place.