The Importance of an Experienced Bankruptcy Attorney
There are many online directories promising to connect you with a bankruptcy attorney. However, many of them list bankruptcy attorneys for a fee, which does not necessarily guarantee the quality of the attorney you choose. Nevertheless, a site like the American Bankruptcy Association (ABA) lists attorneys who have met its referral standards, and you can easily search for an attorney by location. Alternatively, your state bar association may have resources for your area. Learn more about this at The Law Office of Robert C. Hahn, III, P.S.
Once you file for bankruptcy, the Court appoints a trustee to manage the process. The trustee is appointed by the court and will oversee the entire process, assessing all documents and developing a plan of action for you. During the process, your attorney will keep you informed and keep you updated. He will also attend hearings and meetings with the Trustee and your creditors, in order to communicate with all parties. Listed below are some things you should know about your bankruptcy attorney.
The cost of hiring a bankruptcy attorney varies according to the type of bankruptcy filed and the complexity of the debtor’s case. Most people who file for bankruptcy don’t have a lot of money to pay an attorney. However, the fees of a bankruptcy attorney are usually reasonable considering the amount of time, experience, and complexity of the case. Some attorneys charge higher fees than others, so make sure to ask how much they charge. You can also ask if your attorney will waive the filing fee.
Before you choose to file for bankruptcy, be sure to discuss the benefits and drawbacks of this option. You should fully understand the implications of filing for bankruptcy and how it will affect your future finances. The team at Moshes Law P.C. has helped many people evaluate their options, and they can also help you do the same. When evaluating bankruptcy, it is important to gather all of your financial records, including any tax returns that may be required.
As the law is changing, so will the fees for a bankruptcy attorney. You can get a free bankruptcy consultation online, which is also a great way to find an attorney who specializes in bankruptcy law. A bankruptcy attorney should have experience in your area, and understand the procedures and trustees in your region. If a creditor challenges your bankruptcy filing, he or she will be represented by a lawyer for the petitioner. A good bankruptcy attorney should also have a background in the local court and will be familiar with the bankruptcy trustees in your area.
A bankruptcy attorney will also assess your financial situation and determine which option is best for you. Depending on your situation and assets, a Chapter 7 or Chapter 13 bankruptcy is likely the best option for you. They will also help you decide which chapter of bankruptcy will be the most beneficial to you. While Chapter 7 bankruptcy will wipe out your debt, this option usually involves forfeiting most of your assets. However, Chapter 13 bankruptcy will allow you to keep some of your assets.
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The Law Office of Robert C. Hahn, III, P.S.
2906 N Argonne Rd
Spokane, WA, 99212
5099219500
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