It is a difficult decision to make when you are contemplating filing for bankruptcy. You may have tried every other financial option available, but you find yourself still in debt and struggling with day-to-day living expenses. The good news is that there is hope; a good lawyer will be able to advise you on how best to proceed, including whether a Chapter 7 or Chapter 13 filing is right for your situation.
A good bankruptcy attorney San Diego will also be able to assist with any questions about what happens after the court approves your filing or if there are any other actions you should take before the process begins. This blog post goes over some of these details so that consumers know what they’re getting into when they make this decision.
Do You Actually Need a Bankruptcy Attorney?
In the event of bankruptcy, it’s not uncommon for people to wonder how they’ll find a lawyer. Oftentimes clients don’t think about hiring one until after their savings are gone and there is no other option. Though this may seem like an impossible task without any money left, there are ways you can use what little resources you have on your case while still making ends meet.
It’s important to understand the price tag and how much time your attorney can commit. This way you’ll be prepared for what may come. Free consultations are available from many attorneys who will help determine if filing is necessary or not; however they only offer so much of their services before running out of retainer money which means that these free sessions probably won’t last very long at all–you need to keep in mind this when deciding whether a consultation would work best for you!
How Can a Bankruptcy Attorney Help Your Case?
Your San Diego bankruptcy attorney can help you with the following things:
- Decide whether you should file for bankruptcy or not
- Help you choose what type of bankruptcy to file for (Chapter 7 or Chapter 13)
- What assets you can hold on to
- Giving information on the tax outcome that you’ll have
- Whether you should continue to make payments to your creditors or not
Lots of Experience
A bankruptcy lawyer will be best for your needs because they are incredibly knowledgeable about the law, and can help you avoid any costly mistakes. Attorneys who do not specialize in this area may have limited knowledge of how to handle such cases, so it’s better to go with someone qualified than risk making a mistake that could result in serious consequences down the line. You also cannot know if you can handle the case yourself, a bankruptcy attorney in San Diego can help you handle your case.
Expert of Local Laws of the Court
Besides being familiar with bankruptcy laws, the best way to find good bankruptcy attorneys San Diego is by looking for someone who knows your area well. Bankruptcy procedures tend to vary from location-to-location so you should have an expert in these local court proceedings on your side. They can use their knowledge of the judges and clerks at that particular courthouse – people they’ve worked with before – when it comes time for negotiations or cases going forward, which will look better because there’s familiarity understanding what needs to be done where.
An Attorney You’re Comfortable With
In the end, it is important that you go with a bankruptcy attorney whom you feel comfortable with. Look for someone who will listen to your needs and understand all the specifics relating to your case in order to represent you well. Don’t make any decisions solely based on cost alone as paying an experienced lawyer their fair rate could save money if they successfully get your claim approved while hiring a cheaper one may lead to bad results which can be costly down the line.
If you are considering filing for bankruptcy, hiring a good bankruptcy attorney may be the best decision. You need to find one that is professional and has a track record of success in helping clients get through this process. It’s also important to make sure they represent your interests well so that you can rebuild your credit after going bankrupt. Hiring an attorney with these qualities will help ensure success when it comes time to file for bankruptcy protection!