When I decided to file bankruptcy I thought of doing it on my own. After all I was claiming that I had no money, so I how could I afford a bankruptcy attorney San Diego had to offer? When I learned that I could represent myself in a bankruptcy case I was genuinely relieved. After all how difficult could it be? I started going through all the legalities of bankruptcy, the various facets of the law, the various options that I had, which chapter to select, all the paper works and I was also handling my current financial situation. Soon I realized that I had made a wrong decision. Yes, it would save me the fees of the attorney but it would affect everything else. Here are a few reasons why my decision of representing myself was wrong. Bankruptcy law is complicated and I needed a lot of time and effort to understand and implement it.
It was taking me so much time because I was not a qualified lawyer. It was getting difficult to manage my crumbling monetary state and concentrate on legal books. I did not know how to handle the creditors. It was very difficult to complete all the paperwork without any knowledge of the process. I was getting stressed out and it showed on my health.
Finally, mistakes on my part would lead to liquidation, repossession and even criminal charges. And I simply could not afford that. So I decided that I needed a good bankruptcy lawyer who will see me through the financial crunch that I was in. And this was the right decision because; I got free first consultation It was such a relief to talk to someone qualified and knowledgeable in bankruptcy. My attorney was a patient listener. He heard all that I had to say and then assessed my monetary situation. He tried to look for other options than filing a bankruptcy. He suggested that I could take up a debt management program. He also gave me all the details of a bankruptcy case. After this initial consultation I was clear in my mind about what to do next. And yes, all this consultation was free. He handled all the paperwork There is a lot of paper work that goes in filling a bankruptcy.
When I was trying to do it on my own, I was totally lost. It was a blessing to have a bankruptcy attorney San Diego, California to take care of all the paper work. That way I didn’t even have to go out of San Diego to look for a good lawyer. He made note of all my assets, savings, debts, credits, income, liabilities etc. In fact he was so dedicated and attentive that he found out long forgotten investments that I was sure to miss out. And it would have cost me dearly during the case. I got protection from the creditors It is really difficult to handle the creditors and collection agencies.
They just do not stop calling or visiting. After I hired my attorney he contacted my creditors and stopped the visits and the calls. It was such a respite. He was considerate with the fees Some portion of my lawyer’s fees was added in the debt repayment plan. He also gave me a waver because of my financial state. From my personal experience I have learned to value every profession.
Now I believe that it is not easy to replace someone else’s job by just doing it yourself. My bankruptcy attorney San Diego, California provided me the time, space and mental peace that I needed to concentrate on my career and get it right back on track. I couldn’t thank him enough.
A desperate attempt to stay protected from creditors left me with no choice, but to file for bankruptcy. The decision had been a tough one. All the formalities and the expense involved truly scared me. But, I was fortunate to locate a reputed Sacramento bankruptcy attorney who made everything go smooth, far above all my expectations. For this reason, I decided to post some quick tips so that those who are facing the troubles I experienced may be helped.
Try other alternatives It is always advised that consumers should try other options before taking a final decision in favor of filing for bankruptcy. The process is quite complicated and a single mistake can cost you a lot. Consulting with your creditors for an extension of the time limit of repayment of the loan is the generally recommended choice for beginners. Locating an attorney With the decision taken, you have to locate an attorney. This may appear to be a herculean task with the avenues of advertising becoming easier and inexpensive.
The most reliable source of information with this regard is the website of a Sacramento bankruptcy attorney. Explore the sites and look for informational and unique articles posted on the topic. If you are able to locate excellent-quality content on the website, you can shortlist the firm or the person for future reference. Cost of hiring All these insights come up with the next question; what is the cost of hiring the services of a Sacramento bankruptcy attorney? The answer depends on numerous factors.
The most important among them is the provision you go for. The decision to go for a simple chapter 7 bankruptcy file may help you save a few bucks as it would cost just $1500. Most of the attorneys offer free consultation. Discuss your situation with the lawyer and he/she would be able to help you determine the provision which would work best for you.
Bankruptcy is a very critical monetary situation. It needs a lot of attention and careful planning to manage money during a stressful financial state of affairs. Unfortunately, I have been through bankruptcy and have learned some invaluable lessons from it. Today my situation is much more stable and ‘am capable of handling all the credits. But had it not been for my bankruptcy attorney I would still be struggling to get my finances in place.
I really wish no one gets through such economic stress however, one can never be sure. Today I understand the value of dollar and suggest all my friends to spend carefully. It never hurts to save more than you need.
When I realized that I have spent more than I could afford and I had to file bankruptcy, I started to look for a fine lawyer to help me with the legal proceedings. There were a few qualities that I looked for in my attorney. These qualities helped me in finding the right legal representative for my monetary situation.
Experience in handling bankruptcy cases
An experienced attorney will have an in depth knowledge of all the legal intricacies. He would have handled many a situations like mine. Since I had very little knowledge about the bankruptcy laws, I needed someone who was highly experienced.
Success rate of the attorney
I could not afford to lose. So, I looked for someone who was a very successful bankruptcy lawyer. I conducted a background check on them and did a little study to get to know about their previous cases.
Offers a lot of options
A good lawyer will not just ask you to straight away file the bankruptcy. He will study your financial situation, calculate the debts, your current income, look at the future prospects of your career stream and then recommend a solution.
If there are other ways like using your savings to pay off all the debts or joining a debt management program to handle the current economic situation, then he would suggest that and not bankruptcy. This is highly important because bankruptcy hits the credit record really hard.
Understanding of the bankruptcy laws
Certain laws are ever changing and bankruptcy is one of them. So, I looked for a bankruptcy attorney who was constantly attending various programs and seminars and was well aware of the bankruptcy code revisions.
Passionate about his job
There are so many factors involved in a bankruptcy case that I needed someone passionate about his job to carefully look into all the aspects. I did not want a lawyer who would just hurry through the process and get done with my case. Someone who was supposed to represent my financial situation in the court should be ardent in his approach.
It is true that I will not understand the legal intricacies of the case, but I wanted someone who would be at all times communicating with me. I wanted to know what was the best thing to do in my current financial state, if I had to file bankruptcy then it would be filed under which chapter, what are the other options for me, how is the case progressing, how long will it take etc. My attorney always made sure that I was in the loop and well aware of the case.
Though I was filing bankruptcy my lawyer would still charge me for his legal services. Yes, nothing is free, not even bankruptcy lawyers. So, I looked for someone whom I could afford. I must say that there are many choices of good lawyers who are considerate with their compensation.
I hope no one has to ever look for a bankruptcy attorney. But if you must, then consider these qualities.