If you do not have enough money to pay for your expenses, it can keep you up at night. Insufficient cash can cause you to fall back on your debt arrangements sending creditors to your home. This can lead to several disagreements with your spouse and you can also end up losing your home or vehicle. If this is something familiar, do not hesitate to ask for professional assistance from personal bankruptcy lawyers in Florence, Alabama.
Research personal bankruptcy lawyers in Florence, Alabama
While legal accomplishments are extremely important, other things that you should take note of while looking for a bankruptcy law firm include an affable and trustworthy lawyer, reasonable fee structure, and excellent track record. You can start by asking your family, friends, and colleagues for their experience in working with personal bankruptcy lawyers. Make a list of these attorneys and check for client testimonials and reviews on the internet along with their professional records. If you fear losing your car or property to repossession, make sure that you mention it while looking for a lawyer. The lawyer must be approachable and discrete with respect to the information you provide them. You could also ask a lawyer you had previously worked with for references regarding bankruptcy attorneys. Florence, Alabama also has a Bar Association list, which can provide you with names of attorneys along with their ZIP codes.
What are the different personal bankruptcy chapters?
Personal bankruptcy can be filed under Chapter 7 or chapter 13. In the first case, the liquidation of non-exempt property is done to pay some amount to creditors. You do not have to pay any money yourself to get a bankruptcy discharge. In the case of chapter 13, your disposable income is used to prepare a repayment plan to payback some amount to your creditors. Your lawyer will inform you in detail about these two bankruptcy chapters.
Florence, Alabama bankruptcy cost
Since monetary issues have taken you to the doorsteps of a bankruptcy lawyer, finding out whether you can afford them is an integral part of the process. Get to know what your acquaintances paid their lawyer for their bankruptcy discharge. Also, get a range of quotes from legal representatives for a case like yours. Understand that different bankruptcy chapters cost differently. Similarly, the expense structure of different courts is different. Apart from the lawyer’s fees you also need to pay for the court and counselling charges.
What to look before signing the contract?
Once you have found out which lawyer in your list is affordable, you can start meeting with them to finalize the lawyer who will represent you in your bankruptcy case. While meeting prospective lawyers, certain things must be kept in mind. These include:
- Finding out how much time waiting time is required for the lawyer to get back to you.
- The lawyer should make you feel comfortable and positive.
- Find out the names, positions, and qualifications of all the individuals who will be working on your case.
- The paralegals must be familiar with not just the different bankruptcy chapters, but also your case.
- Find out what will be your rights as a consumer and what you are entitled to.
Ensure that they address your concerns properly and make you feel comfortable about the entire process. Since you will be providing them with your financial details, they should be trustworthy. If you are comfortable to sign the contract, do so else continue your search.
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