Debt that feels overwhelming may be upsetting, embarrassing, and discouraging. Sometimes filing for bankruptcy is the greatest option to start over and have a better financial future. Chapter 7 and Chapter 13 bankruptcy are two of the most popular kinds of bankruptcy. Bankruptcies filed under Chapter 7 are intended to assist debtors in distributing their assets among their creditors. This kind of bankruptcy will discharge a lot of their obligations.
The Chapter 13 bankruptcy process enables the debtor to negotiate a payment schedule with their creditors. Repayment typically takes three to five years. Working with a skilled bankruptcy lawyer can enable you to properly plan a bankruptcy that will enable you to regain financial stability and go on with your life. Keep reading to learn how to choose the right attorney and then contact Law Offices of Terrence Fantauzzi at (909) 552-1238 to request a free bankruptcy consultation.
Choose a bankruptcy attorney with fee terms you can live with
Many bankruptcy lawyers demand upfront payment of their fee. The ability to pay for legal counsel during a bankruptcy can help you be more successful throughout the entire process, however this isn’t always the case. You may decide to prepare for your bankruptcy by shifting the resources you would normally use to pay off debt because many of your obligations will likely be dismissed or significantly reduced after a bankruptcy.
How to find options
You may get names of bankruptcy lawyers by simply browsing the phone book or conducting an online search, but how do you know whether they are a suitable fit for you? You might start by getting a recommendation from a friend or a lawyer.
You might have to rely on the internet to get a list of attorneys in your region if you haven’t gotten any referrals. Visit their website and read some online reviews to learn more about their area of expertise by conducting some preliminary research. Next, arrange some interviews by calling a few people.
Making a final choice
It’s crucial to pick a bankruptcy attorney who has expertise and can offer you the sort of assistance you require rather than simply hiring the first one you come across. The notion of doing a few interviews is excellent. Inquire about the experience of each attorney and whether bankruptcy is their exclusive practice area.
Ask if they would be managing your case themselves or if it would be handled by a different individual. Find out their rate and the required payment method. You are far better equipped to make your choice once you have spoken with at least two or three attorneys.