The importance of choosing a bankruptcy law practice
If you're thinking about declaring bankruptcy, you probably have enough on your mind. However, you need to pay particular attention to choosing a good lawyer to help you through the process. With a new and more complex bankruptcy code in the books, trying to file bankruptcy without legal assistance is not really an option.
However, is important to look specifically for a bankruptcy law practice instead of trying to find a general lawyer. A law office that specializes in bankruptcy will be able to sift through the complicated details and requirements of the new bankruptcy reform.
The new bankruptcy law is so complex that even lawyers have a difficult time keeping up with it. I say "keeping up with it" because the law is actually still evolving. There are many provisions in the law which are unclear, and judges will have to sort this out in the coming years.
That's why a general lawyer will probably not be able to keep up with all the developments in the bankruptcy law. Moreover, any lay person trying to go through bankruptcy without legal help is probably asking for trouble.
Also, a lawyer who specializes in bankruptcy will be better able to understand the specific details of your case instead of giving you generic advice.
Also, remember that each bankruptcy case will bring its own challenges and unique circumstances. A good bankruptcy lawyer will listen and want to find out as much as possible about your particular situation.
You may actually want to pay a lawyer his hourly rate during the first consultation in exchange for an honest opinion. If the first appointment is free, the lawyer is more likely to persuade you that bankruptcy is the best course for you (since that is the only way he gets paid).
Bankruptcy lawyer fees are expensive, but choosing bankruptcy when it's not the right option for you could be more costly in the long run. Remember also that a successful bankruptcy case will help you with your current bills, and this will make paying for legal fees more feasible in the future.
However, is important to look specifically for a bankruptcy law practice instead of trying to find a general lawyer. A law office that specializes in bankruptcy will be able to sift through the complicated details and requirements of the new bankruptcy reform.
The new bankruptcy law is so complex that even lawyers have a difficult time keeping up with it. I say "keeping up with it" because the law is actually still evolving. There are many provisions in the law which are unclear, and judges will have to sort this out in the coming years.
That's why a general lawyer will probably not be able to keep up with all the developments in the bankruptcy law. Moreover, any lay person trying to go through bankruptcy without legal help is probably asking for trouble.
Also, a lawyer who specializes in bankruptcy will be better able to understand the specific details of your case instead of giving you generic advice.
Also, remember that each bankruptcy case will bring its own challenges and unique circumstances. A good bankruptcy lawyer will listen and want to find out as much as possible about your particular situation.
You may actually want to pay a lawyer his hourly rate during the first consultation in exchange for an honest opinion. If the first appointment is free, the lawyer is more likely to persuade you that bankruptcy is the best course for you (since that is the only way he gets paid).
Bankruptcy lawyer fees are expensive, but choosing bankruptcy when it's not the right option for you could be more costly in the long run. Remember also that a successful bankruptcy case will help you with your current bills, and this will make paying for legal fees more feasible in the future.
About the Author:
Don't let the fear of your debt take over your life. Get the facts about bankruptcy and learn how to get control of your debt. To learn the answers to common bankruptcy questions online visit us at http://personalbankruptcyquestions.org
posted by Debt Consolidation Loan at
10:21 AM
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