Why you should choose a bankruptcy law practice
Among the other stressful problems you have to deal with when filing for bankruptcy, choosing a lawyer is one more thing you need to consider. It is important, especially with the recent changes to the bankruptcy law code. The law has become more complex, and filing bankruptcy without a lawyer is simply not feasible these days.
It's important to realize that not just any general law practice will do, however. You really should look for a bankruptcy law practice that specializes in understanding the new bankruptcy code.
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.
This is an important point. Always make sure that your attorney is taking care to understand your particular case. Don't just accept generic advice, because each case has its own challenges and circumstances.
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).
The bottom line is that you should not avoid going to a bankruptcy lawyer in order to save money. If your bankruptcy case is successful, you'll have significant debt relief and will be able to pay your lawyer fees (especially if some sort of payment plan is arranged).
It's important to realize that not just any general law practice will do, however. You really should look for a bankruptcy law practice that specializes in understanding the new bankruptcy code.
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.
This is an important point. Always make sure that your attorney is taking care to understand your particular case. Don't just accept generic advice, because each case has its own challenges and circumstances.
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).
The bottom line is that you should not avoid going to a bankruptcy lawyer in order to save money. If your bankruptcy case is successful, you'll have significant debt relief and will be able to pay your lawyer fees (especially if some sort of payment plan is arranged).
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 more about what is chapter 7 bankruptcy visit us at http://personalbankruptcyquestions.org
posted by Credit Counseling at
10:46 AM
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