Your children are extremely important to you and you will always want to protect them from anything bad. If you are facing any monetary issues, it could rip your family apart. Your kids might have to struggle not just financially but also emotionally. Since this is not something you would like to happen, you need to look for help to get rid of your financial problems. An experienced personal insolvency lawyer could help you tackle your debt problem through either debt consolidation or personal bankruptcy filing. Thus, you need to look for one sooner than later.
Research your options for bankruptcy lawyers in Tempe, Arizona
Since bankruptcy laws differ in different states, hiring a local Tempe bankruptcy lawyer is recommended. Having a list of requirements would be ideal, especially if you fear repossession or foreclosure. You can begin your search for bankruptcy lawyers by asking your family, friends, and acquaintances for referrals. Do not forget to ask their personal experience with the lawyer. Whether they were comfortable discussing their family finances with the lawyer and whether the lawyer was sensitive and discrete to their situation? You could also ask for bankruptcy lawyer references from any lawyer you had previously worked with. Additionally, the US bar association list could yield names of bankruptcy lawyers in Tempe, Arizona along with their ZIP codes.
Difference between Chapter 7 and Chapter 13 bankruptcy
Personal bankruptcy can be filed under Chapter 7 or Chapter 13. The former, known as liquidation bankruptcy, involves the selling of your non-exempt property to pay your creditors. You do not have to pay anything else to get rid of your debts. The latter is known as Wage earner’s plan and constitutes a repayment plan developed by your lawyer for bankruptcy court’s approval.
The cost of a bankruptcy filing in Tempe, Arizona
There is no fixed cost of filing for bankruptcy. The charges vary, depending on the chapter of bankruptcy, the complexity of your case, court, city, and state you are filing in. It is therefore important to ask the shortlisted lawyer, what they would charge for a case like yours. Generally, a chapter 13 case costs around $2000 in lawyer’s fee. You also need to pay for court and counseling charges apart from this amount.
How to finalize the lawyer for your bankruptcy case?
Now that you have understood how to shortlist lawyers, the list of probable lawyers must be considerably reduced. It is time to meet them in person to judge who would be best suited to handle your case. This can be done by using the discovery meeting offered free of charge by most law firms. To make the most of this meeting, make a list of concerns and ensure that you get a response to all of them properly, irrespective of the time taken.
Though your attorney will be the face of your case, the majority of the work will be done by paralegals. Thus, their proficiency with bankruptcy law is especially important. Use your discovery meeting to know the names and contact details f people working on your case. Also, find out in which capacity they will be assisting. Find out whether the lawyer has time for your case. Learn the anticipated waiting time for getting a meeting with the lawyer. Find out about the process of bankruptcy and your entitlements. If you feel comfortable discussing your case, think they will be transparent and honest with you, you can sign the contract after discussing the finer details.
Call (888-297-6203) to hire experienced bankruptcy lawyers of Los Angeles law firm.