If your life is in a financial mess, you need to sort it out for the sake of the family. You will be surprised to know that several families are ripped apart due to monetary problems. Additionally, it is the major cause of mental anguish. If you have been struggling to manage your finances but failing remarkably, you need to get professional help from the best bankruptcy lawyers in Decatur, Alabama.
Where to start your search for a bankruptcy lawyer?
There is no dearth of bankruptcy lawyers, however before approaching a stranger it is important that you conduct a background search. This can be done hey by asking your family, friends, or neighbours for references. Bankruptcy is more common than you think, and it is possible that anyone in your immediate circle might have hired the services of a bankruptcy attorney. Be sure to mention if you are fearing repossession or foreclosure on your property while looking for bankruptcy attorneys.
If you know any other lawyer personally, you could also ask them for suggestions to help you find bankruptcy attorneys in Decatur, Alabama. Additionally, US Bar Association list is an excellent source to look for lawyers along with their specialization and ZIP code. This can help you find a bankruptcy attorney near you in Decatur, Alabama.
Insolvency chapters demystified
Personal bankruptcy can be filed under Chapter 7 or chapter 13. While in case of former, you do not have to pay anything, just liquidation of your non-exempt property takes place; in the latter case, a repayment plan is developed by your attorney to payback your creditors once it is approved by Decatur, Alabama. You can get to know more about these in detail when you meet prospective lawyers during discovery meeting.
Cost of filing bankruptcy
You need to find out what the lawyer will charge for a case like yours. This is important because surprisingly, there is no fixed cost of bankruptcy filing. The charges depend on the chapter you qualify, the court you file in, the complexity of your case hey and experience of your lawyer. It is vital that you get as many quotes as possible from the different shortlisted lawyers to find out which of them you can afford to hire to take care of your bankruptcy case. On an average, a chapter 13 bankruptcy case might cost you around $2000. This is apart from court and counselling charges.
What happens in discovery meeting?
The initial meeting with the lawyer is generally free of cost. Thus, you need to make the most of it by getting to know the different aspects of bankruptcy case in detail. Additionally, you need to keep these things in mind:
- The lawyer should be personally involved and dedicated to your case while being sensitive to your situation.
- You should know about the paralegal team of the firm as they will be responsible for majority of your case work. They should be up-to-date with bankruptcy laws and take an active interest in your case.
- Also know whether the lawyer has enough time to deal with your case efficiently and how much time it would take to get an appointment with them.
- Remember, you are under no compulsion to employ these lawyers. Thus, do not feel railroaded by them any time. However, if you are satisfied with the meeting, ensure that the contract is prepared and signed.
If you are looking to hire bankruptcy lawyers in Los Angeles, call (888-297-6203) to speak with experienced bankruptcy lawyers of Recovery Law Group law firm.