Friday, December 2, 2011
5 Questions To Ask Your Bankruptcy Lawyer - Avoid Costly Mistakes Now
Facts you should consider before selecting a bankruptcy lawyer:
Theses days, most lawyers are usually overworked, and under paid. They aren't able to devote themselves to every client fully. However, that doesn't mean you should lower your standards when selecting one. If you feel that your lawyer isn't pursuing your case the way you want them to, it will cost you in the long-run.
QUESTION 1. Many of the lawyer filing bankruptcies aren't qualified enough to lead your bankruptcy case. Verify that your lawyer is qualified. Ask for references, research their history online, contact your state bar. Specific certifications are important indicators to judge whether the lawyer is qualified enough to handle your case.
If you have time, go to a bankruptcy court and observe the lawyer as they present their clients cases before the court. Maybe during your observations, you'll find some great attorneys you'd like to set-up consultations with.
Once you find a lawyer you like, protect yourself by asking her or him the right questions. A short conversation can tell you a lot about the lawyer you have chosen. You can ask them about their expertise, strategies, and work hours. After this initial conversation, you can make an educated decision whether or not to hirer them to represent you.
QUESTION 2. Once you select a lawyer, you must discuss with them what type of bankruptcy you should file. There are various types of bankruptcies available to you. Your lawyer should explain all of your options and recommend the best choice for your specific circumstances.
Also, you need to ask your lawyer how long the process will take. You have to file for your bankruptcy in the state where you are living. Your lawyer can prepare the necessary paperwork that will be needed to file your case with the courts. Most full-time bankruptcy lawyer's know exactly how long your case will take from start to finish.
QUESTION 3. Ask how much they charge up front. You must know the fees that are involved in filing your bankruptcy. The total cost will include the lawyer's fees plus the court fees that you need to submit to file for your bankruptcy. You may also have to pay for credit counseling classes and certifications both prior to filing and before the final discharge is granted.
QUESTION 4. You must know what documents and information are required to file your claim. Your lawyer should give you with a packet that details all the documentation she/he will need to file your case properly. The sooner you gather all of the documents needed the quicker your case will be filed, and your creditors will stop harassing you day and night.
QUESTION 5. You must understand the long-term effects of filing a bankruptcy. A good lawyer will explain to you what will happen step-by-step. As soon as your bankruptcy is filed, your creditors will receive notification from the courts and will not be allowed to contact you for payments. A hearing in court will be scheduled for your creditors to attend if they choose (but, most do not). The case will proceed, depending on the type of bankruptcy filed, and within a few short weeks your discharge will be granted.
If you choose the right lawyers, they will handle your case properly while you focus on rebuilding your finances and getting a fresh new start.
What if you could start over? Advanced Debt Elimination Strategies