Article Sphere Logo
Bankruptcy Article

Advice when Choosing a Bankruptcy Lawyer

By Expert Author: Robert Zangrilli
Word Count: 353 words | Views: 484 view(s)
1. First and foremost, ask yourself, "Do I even need a bankruptcy lawyer to file my case?" If your case is fairly straightforward, then chances are you can get a bankruptcy petition preparer to file your case for much less than the cost of hiring a lawyer. Despite popular conception, bankruptcy law is not very complicated, so hiring an expert most of the times does not make sense. The real question then becomes, "How complicated is my case?" In short, if a) you have 100 percent unsecured debt (credit cards, medical bills, personal loans, repossessions, etc.); b) you're unemployed with no assets (car, home, brokerage accounts, etc.) and c) you did not accumulate the debt very recently or in any way that can be construed as fraudulent (i.e. buying a big screen TV on a credit card a month before you filed) then you may not need a bankruptcy lawyer to file your case.

2. If your case is more complicated, then will you receive the sort of personal attention that you deserve in order to have your case properly handled? A lot of bankruptcy firms are devoted to basic filings, and you will receive little to no attention from your actual lawyer. With this much at stake, it's important that you deal directly with a professional that is an expert in bankruptcy law.

3. Get a referral. If you know someone who has filed bankruptcy, don't be afraid to ask them whether they felt their lawyer handled their case well. If you don't know anyone who has filed bankruptcy before, then call a law firm outside of your area and ask for a referral from them.

4. Shop around. Most bankruptcy lawyers will at least offer a free initial consultation. Find a lawyer that you feel comfortable discussing your personal matters with and who offers a competitive rate for their fees. Remember not to compromise quality and experience just because a bankruptcy lawyer offers lower fees, however. Contact your state's Attorney General office for a suggested list of bankruptcy lawyers in your area.
Robert Zangrilli

About the Author:

Robert Zangrilli is the CEO of Franklin Debt Relief. FDR's "New Deal" program is a leading bankruptcy alternative for consumers with overwhelming consumer debt. Visit Franklin Debt Relief's website for tips on how to avoid bankruptcy.

Article Source: http://www.articlesphere.com/Article/Advice-when-Choosing-a-Bankruptcy-Lawyer/72908

 This Article has been viewed 484 times.
  

Related Videos



 

Related Articles

 
 

Listed below are more articles related to the above article from the "Bankruptcy" article category.

People interested in the above article "Advice when Choosing a Bankruptcy Lawyer" are also interested in the related articles listed below:

 
After bankruptcy everything is hard. Being emotionally motivated to do anything with your finances, getting credit cards, talking about your situation with people, getting insurance, getting a job, and getting loans are all among the long list of areas where things have changed for you. Doing these things is important though because if you just hide away your life will never really move forward.
The truth is that once the last of the paperwork has been filed most people are just sick and tired of talking about their finances. It's understandable that now you want to be done and stop thinking about all of this, but there will come a time when you'll be wanting a car, to rent a new apartment, or to buy a house and you'll be needing to have a decent credit score. Yes, in seven years this will all age off, but seven years is a long time - and if you haven't done anything in those seven years it's not as though you'll have a good score then, either.
In this current economic situation, people are desperate to save their homes, and will listen to just about any suggestion, or infomercial, that comes their way. There are a number of businesses out there that are aiming to take advantage of the current downturn and to take advantage of people's desperation, and some of these opportunities are legitimate while others are downright fraudulent.
If you are engulfed with monetary problems that are difficult to shake off then filing bankruptcy can be a great option for you. Personal bankruptcy filing hampers your credit report for the upcoming 10 years. But it is the best relief option to bank upon when every other option fails.
Bankruptcy is one glaring outcome of global recession and a condition that has affected millions around the world. Filing for bankruptcy may seem the easy way out of many debt-ridden situations. But, not to known to many, this is definitely not the best solution. Declaring yourself bankrupt will affect your credit scores adversely and in some cases, your property may also be confiscated. What is more, you cannot be sure that all your debts will be waived. So consider alternative options; ones that will thwart bankruptcy.
According to a 2008 survey by the American Payroll Association, 71 percent of American workers are living paycheck to paycheck. If you are one of the many who live paycheck to paycheck, or if you have fallen behind, here are some tips that can help you get back on track...
Basically, a huge credit card debt coupled with late home mortgages and car loans spells financial disaster. And such scenario is not new, especially with how the times are passing by. If you are in such a rut, then you may have considered declaring bankruptcy to relieve yourself from the worry of settling all these debts.
Article Directory Home All Categories Finance Bankruptcy Advice when Choosing a Bankruptcy Lawyer
 

Can't find what you're looking for? Try Google Search!
 
Copyright © 2005 - by Larry Lim, Singapore - Article Search Engine Directory at ArticleSphere.com™
All Rights Reserved Worldwide. All Trademarks and Servicemarks are the property of the respective owners.