The qualities of a good bankruptcy lawyer are the same qualities that make a good lawyer in just about any field. For one thing, you want a lawyer who is specialized in bankruptcy, just as you want a lawyer specialized in personal injury if you were involved in that sort of case. While most lawyers should have an understanding of bankruptcy and be able to help you, a specialist will make the entire process much smoother.

In addition, you should hire a lawyer with whom you have a strong rapport. If, upon meeting a lawyer, you feel uncomfortable or that your questions went unanswered, you should keep on looking. The most important aspect skill that any lawyer brings to the table is the ability to really listen and easily explain the complexities of a case. It’s a good idea to interview the lawyer before retaining him or her – and you shouldn’t be afraid to say no if you’re not comfortable.

A few good questions to ask of your lawyer are: how many bankruptcy cases have they have tried? How long have they practiced specifically in the field of bankruptcy law? Ask them: how complicated is my case, and how do you plan to go about handling it? Beware of a lawyer who will just tell what you want to hear. If the lawyer doesn’t talk about any of the difficulties of the process, they may just be looking to you to sign a contract with them.

To find a good lawyer, one place to search is with the local bar association. You can find them in the phone book – bar associations have referral panels that can direct you to a good bankruptcy lawyer. Once you’ve contacted a lawyer, you should get as much information as possible about your case. Make sure you understand the extent of services covered in the lawyer’s fee. You should ask about lien avoidance issues, trustee disputes, non dischargeability and actions, and more. Be aware that a lawyer can’t foresee all the possibilities, and additional fees may be necessary as the case progresses.

Remember that a good bankruptcy lawyer is there to help you. Once you find a bankruptcy lawyer you trust, let them know everything about your financial situation. That way, they will be best prepared to represent your interests. Be sure to provide information to your lawyer quickly, so that all court deadlines can be met on time. If you do your part as well, then having a bankruptcy lawyer on your side will make the bankruptcy process much less painful.

Experienced Lawyers – A Big Help Chapter 13 bankruptcy and Chapter 7 bankruptcy are the most common consumer bankruptcies. There are experts who exclusively handle such cases and can thus aid you in getting the most accurate legal aid when you file for bankruptcy. These attorneys can help you fight in order to protect your property and rights. They help you to settle your debts with your creditors in a manner that is agreeable for all. Bankruptcy lawyers can thus help you to salvage your vehicle, home and other assets. Such lawyers are committed to acquiring debt relief for you and providing the necessary advice, services and information that is required for you to achieve a better financial future. It is easy for you to get a professional from the directory by clicking on a specific state or province.

Reasons To Opt For An Attorney If you are in a position where you find that making the minimum payments itself is a struggle and you find yourself lagging behind each month, then it makes more sense to call a bankruptcy attorney. He or she can help you to make good decisions for the future and can help you to decide whether filing for bankruptcy is helpful in your current financial scenario or not. Although there may be many other resources, which provide helpful information, the help of an experienced attorney can often be invaluable. A professional can help you view your financial position in an objective manner, educates you on the differences between Chapter 7 and Chapter 13 and can, in short, help you to make your next move.

A Chapter 7 bankruptcy can help in eliminating most of your unsecured debts like medical bills, unsecured personal loans and credit card debts. An experienced attorney can help you to determine whether Chapter 7 or Chapter 13 bankruptcy is appropriate for you and also helps in explaining the automatic stay provisions of the law.

A law forum that deals exclusively in bankruptcy and debt consolidation is better equipped to deal with both chapters 13 bankruptcy and chapter 7 bankruptcies. The yellow pages are a helpful source to find bankruptcy attorneys who are categorized by their field of specialization. Another way to find a qualified bankruptcy lawyer is by referral from those who are more familiar with the field and other attorneys who might make some helpful recommendations.

Due to the duty of confidentiality, the lawyer cannot share information about their current or past clients unless permitted to do so. Talking to close and trusted family friends who can guide the right direction might be of great help. This gives an insight into the lawyer’s competence. The attorney should be considerate about the client’s problem and make him feel comfortable. It is also necessary that the attorney is organized and punctual and work well together.

While the initial consultation is free, the client should honestly explain his or her situation to the lawyer and the lawyer should give a feed back on the situation and on the option thereon. While conversing with the lawyers, the client should find out how long he or she has been practicing the specifics of their specialization, number of cases handled by them approximately and expectation from the attorney in terms of representation. Also, it should be ascertained whether the attorney will personally attend the case or pass it on to a junior lawyer or staff. All such questions can be asked and the Attorney should make sure that the client is comfortable for appointing him or her as the bankruptcy lawyer.

Bankruptcy attorneys specialize in bankruptcy laws and provide legal methods to either wipe out debts by liquidating assets and distributing them among creditors or resolve them by developing a court approved reorganization plan. Bankruptcy lawyers explain the main purposes and application of bankruptcy laws and how they function to relieve the individual and business from indebtedness. A disclosure of all the financial affairs is extremely important in a bankruptcy setting. The lawyer should be kept informed of all the facts. In the worst scenario, failing to disclose information to the court could be a crime. Written documentation of debts and liabilities is important in bankruptcy setting. Bankruptcy lawyers usually specialize either as debtor’s counsel or as creditor’s counsel. Debtor’s counsel will usually charge a flat fee for a single bankruptcy. Creditor’s counsel usually charges on an hourly basis. For filing bankruptcy, hiring debtor’s counsel will hopefully be a one-time experience;

A lawyer may give alternatives as to what can be done and should discuss the possible consequences of each option. If the house is in foreclosure, the need to file a bankruptcy petition is imminent and therefore by the need of the meeting, there should be clear understanding of what has been accomplished.

Where are they located for one? If you want an attorney that is close by, you can look online or in your local phone directory. You do not have to settle for the first one you find, but you can call and ask for a brochure for more information about what they offer and prices. The price as well as how you pay them will be another consideration when looking for a bankruptcy attorney. It is not unusual for a bankruptcy lawyer to charge twenty-five hundred dollars with half of the money upfront to start the process. You will also need money upfront for the filing fee, credit-counseling fee and the financial counseling at the end of the bankruptcy process. The remaining balance due to the lawyer for a chapter 13 is added into the monthly payment plan. For a chapter 7, some lawyers, however rare, will take a payment plan for the remainder of their fee or require payment before the discharge date.

You will want to look for a bankruptcy attorney that has time to devote to your case and not pass you off to an associate or paralegal. This question is something you need to ask before selecting an attorney. You can ask friends or family for a referral. You can ask the court of courts secretary in your community for a list of reputable lawyers.

You should do some research before hiring a bankruptcy attorney. If you see a lawyer on television, that does not mean you are going to receive the best lawyer. When you are selecting a bankruptcy attorney and they offer to do your bankruptcy for a thousand dollars cheaper than the normal fee of other lawyers is not a good reason to select that attorney. It is a good sign that you need to look somewhere else. Bankruptcy is a lengthy process and twenty-five hundred dollars is a fair price for the time involved. By asking for pricing plans and information on services offered, you can judge which attorney would be right for you. Take you time to check different attorneys and do not settle for the first one you find.

You can look for a bankruptcy attorney that you feel comfortable around. After all, you will be spending some time with the lawyer and supplying all you personal information. Remember one thing when looking for a lawyer. A cluttered office does not make for a good lawyer. You want a lawyer that is tidy and is less likely to misplace your personal documents and information. Look for one that is close enough to you or close to the area where the courthouse is to save some time and money. It is always a good idea to make sure they are a good bankruptcy attorney before deciding. 

Remember to keep these tips in mind. They will help you find the right attorney for you during this difficult time.

It is also good if you ask questions until you understand what your choices are. And also do not be afraid to interview a lawyer and leave without retaining if you are not satisfied.

Look for a certified specialist or a lawyer with significant experience in bankruptcy. Never associate your self to a generalist, he or she might do a simple bankruptcy, but may not be able to tell the status of your case.

You can also ask for any local bar associations, they have a referral panels of bankruptcy. You can ask them about their experience with cases like yours. If you find it hard trusting them, you can use your yellow pages for other lawyers.

It is better to interview lawyers until you find one who suits you. Ask how many cases like yours he or she handles, and how long he or she has been practicing bankruptcy. And find someone with whom you can communicate well with.

A bankruptcy lawyer will be committed to getting you debt relief and providing you with valuable information, services and advice to get you a better financial future. They may also give you advice on where it is better to file bankruptcy.

On your first visit to your lawyer’s office you should bring a list of all the creditors that you owe. This includes debts that you are not behind on like credit cards, medical bills, taxes, cars, houses, and personal loans. The better the information that you give to your lawyer, the better their advice will be. The list of your assets and income is also needed.

Your lawyer can also stop your creditors harassment, immediately once you retain a lawyer to file your bankruptcy they will start taking your creditor calls.

You should also take advantage on your lawyer’s expertise. He or she can talk to you about everything in regards to your financial condition. Take note that without all the debt information your right cannot be protected. All too often, information that a client withholds because they think it is troublesome presents no problem, if disclosed. Lying to your lawyer may cause a problem where none existed before.

Read carefully the representation agreement, the draft schedules, the court notices and communications from your lawyer. Ask your lawyer questions what you do not understand at first. Inexact or not whole information can have severe and obnoxious penalties.

Cooperate in providing promptly information and feed back with your bankruptcy lawyer when requested so that court deadlines can be met. Take responsibility for your case. You are the person with the best handle on the facts of the case and the one most affected by the case’s outcome. Your lawyer can file a bankruptcy with you, but not for you. He or she may help you, but not all the time. Remember, he or she is a lawyer, lawyers can only help you in regards to legal aspects.

The first and foremost step to be taken by a bankrupt person is to file for bankruptcy through the bankruptcy court, which is a legal process. The next step is to complete the bankruptcy forms called the “schedules” wherein the debtor should describe his or her current financial status and recent financial transactions. The debtor has to choose between chapter 7 and 13. For filing chapter 13 bankruptcy, a proposed repayment plan must be submitted with the petition. Filing bankruptcy can be done by talking to people who have technical information about bankruptcy or better still to visit a bankruptcy lawyer who can guide through the complicated procedure of filing for bankruptcy. The lawyer should be provided with all the personal information to put together and file the voluntary petition.

Once this process is over, the bankruptcy court assigns a trustee to see to it that all the informations are collected and that they are accurate. The next step is to notify the creditors that the debtor is filing for bankruptcy so that they stop all actions they might be taking up against the debtor to get the payments. After this, the next procedure is meeting the various persons who are involved in the bankruptcy case along with creditors and if possible, their lawyers.

An automatic stay goes into effect immediately upon filing the petition with the bankruptcy court which prevents the creditors from making direct contact or staking a claim to any of the debtor’s property from the date of filing. Approximately, a month after filing the bankruptcy petition, the trustee will call the first meeting of creditors, which is known as 341 meeting that requires the presence of the debtor. It is an open opportunity for creditors to question and the debtor is required to respond in full faith.

A creditor must file a proof of claim within 90 days after the first date set for the meeting of the creditors. If there is an excess asset after all the claims are settled, the court may grant an extension of time for filing of claims during the 90-day period. Objections if any are resolved by a negotiation between the debtor and the counsel of the debtor and the creditor. A judge will intervene, if necessary, when a compromise cannot be reached. If there are no hiccups, the debtor receives a notice from the court that the bankruptcy is discharged within 4 to 6 months.

Student loans guaranteed by the government are not dischargeable, that is the student continues to be liable for the payment even if he files bankruptcy. The debtor’s goal is to have as many debts discharged as possible. The ten categories of debts excluded from discharge are divided into 2 areas: debts that are not dischargeable due to the wrongful conduct of the debtor and debts that are dischargeable due to public policy.