If constant quarrels with your partner have become the norm for you then there is something wrong with your life. If you are finding it difficult to fall asleep at night and constantly worry about unpaid debts which may lead to your house or vehicle being repossessed, then you need to find a specialist. A law firm in Enterprise, Alabama that specializes in handling consumer bankruptcy cases might be your best chance to get rid of your debts. In case you are worried about where to start from, we can help you with that.
Research is the key to finding local insolvency firms in Enterprise, Alabama
Laws differ from state to state therefore when you are looking for a bankruptcy lawyer, it is important to hire local attorneys that specialize in handling consumer bankruptcy cases. A solid background of successfully handling these cases and a satisfied client list is what you are looking for. However, finding someone who specializes in debt consolidation and financial law in Enterprise, Alabama might be difficult unless you have some help. The US bar association lists attorneys according to their specialization and ZIP code.
You can start by asking your family, friends, neighbours, and business associates if they have ever needed to hire a bankruptcy lawyer in the past. Do not forget to mention that you are looking for someone who has previously handled repossession or foreclosure cases if you fear the same in your case. Also, ensure that you ask how their experience of dealing with the lawyer was; were they satisfied with the representation offered and the outcome obtained or not? You could also ask another attorney you have previously worked with for references for bankruptcy lawyers.
Different consumer bankruptcy chapters
Personal bankruptcy can be filed under 2 chapters:
Chapter 7 – This bankruptcy chapter is for people who cannot afford to pay back their debts. Some of the non-exempt property might be liquidated to clear some debts, however, you do not have to pay any money to the creditors.
Chapter 13 – A payment strategy is developed in this case by your attorney and approved by the bankruptcy court in Enterprise, Alabama. Through this, your creditors are paid some amount of the debt owed to them. You can get to know the details during the discovery meeting.
Cost of bankruptcy matters
Once you have made a list of the attorneys from the above-mentioned sources, you need to find out whether you can afford them or not. Surprisingly, there is no fixed fee that bankruptcy lawyers charge. The cost of bankruptcy depends on the chapter of bankruptcy you are filing in; whether the case involves repossession or foreclosure; the city, state, and court you are filing in as well as the experience of your lawyer. On an average, a chapter 13 bankruptcy might cost you around $2000 apart from court and counseling charges.
What happens in the discovery meeting?
Once you have reduced the number of lawyers on your list based on experience, results, and cost, it is time to meet them to pick one who would handle your case. The discovery meeting is your chance to find out about the law firm and its way of handling clients. The team should be well-versed with bankruptcy laws and aware of your case. They should also be sensitive to your predicament and discrete in their dealings as you will be trusting them with your family’s finances. If you find such a lawyer, you can go ahead and sign the contract to make things official.
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