Spotting A Bad Bankruptcy Attorney Can Save Your Finances

By Gregory Collins


Bankruptcy is not in the least bit nice. The word is so ominous. There are many ways to asses a situation that is about to take the financial plunge to nothingness. Simply put bankruptcy is when one owes more than what they can afford to pay.

Filing for this has a lot of case to case factors to consider. The situation a person is surrounded by plays a role in what type he should file for. Some Bankruptcy attorney Monterey services offer free consultation without any proceeding obligations. Getting the right attorney for the case may be the difference from getting out of the problem or not.

While paying someone to get you out of debt may not make sense at first glance, filing for these cases is still a legal burden that needs to be addressed with professional help. For this to be a success, the client getting the most of what little they have left and gave out is of utmost importance. Clients often file for two types of cases, Chapter 7 and Chapter 13.

Chapter 7 and 13 focus on individual bankruptcies for liquidation and personal reorganization, respectively. The lesser know chapter 11 are geared to serve the more corporate field. For a base fee, clients should already be able to get an analysis of their current situation, help with petitioning and assistance in meeting with the credit representative.

To identify a true expert, it is important not to consider price as the telling factor. A firm that offers so many fields of service at the same time could mean that this agency has not mastered the service needed. The number of years an attorney has been in the field is not a good enough gauge for this. It is better to inquire the percentage of how much this particular lawyer takes this type of case and how many bankruptcy cases they have filed.

The frequency of these cases are high that is why run through the mill law firms exist. These are the kind of agencies one should watch out for. They have made the filing process into something that is not taken cared of with great detail. These firms are known for unhappy clients and the lack of transparency with clients. Avoid getting stuck with these types of firms by making an inquiry of firm with the local bar association.

A bad sign to look out for is when a lawyer is not present during the first meeting. Paralegals just hand out papers and documents that need to be filled out. It especially bad when the event that the creditor and the debtor meet is the only time the lawyer appears. That is a tell tale sign of a run through the mill system.

There is no reason to be shy about setting up appointments with attorneys that offer free and in person consultation. This will help find a lawyer that is comfortable to deal with and help handle a relatively emotionally situation. During this appointment the attorney will also be able to identify if they can help or not.

In any given field, research needs to be done to find the right professionals to take care of a dilemma. The criteria for getting good legal help should not be skimped on since it is a matter of getting back on track with life and finances. They can be the ticket to financial salvation at such a dire time.




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