Looking For The Right Bankruptcy Attorney In Los Angeles
Exhausting all remedies prior to filing for bankruptcy is clearly important because bankruptcy is known as the “last resort.” Filing BK will remain on your credit report for as long as 7 years in a Chapter- and 10 years in a Chapter 7 bankruptcy filing. Therefore, consider all other options prior to filing.
It is not necessary to hire a lawyer or an attorney to file for bankruptcy, but it is advisable. Especially with something so important, you want to make sure it is done right. You want to make sure that the right lawyer is familiar with the financial difficulties are you are facing, i.e., collections, foreclosure, repossessions, lawsuits, wage garnishments, bank levies, etc.
New laws have also been set in place since 2005 and many attorneys are not well aware of it. There are certain financial management courses that need to be taken in order to file for bankruptcy. Your income must be below a certain amount to qualify for a Chapter 7 bankruptcy. Your attorney will know these answers and will know where to go if he does not know the answer.
Hiring a bankruptcy attorney is an important step to becoming debt free. You need to consider many things – including cost. If lack of money is an important aspect to finding that right attorney, then you may be able to find the right attorney at the Law Offices of Alon Darvish in Beverly Hills, California.
Many bankruptcy attorneys tend to charge thousands of dollars for a simple Chapter 7 Bankruptcy services. The general fee for a simple Chapter 7 Bankruptcy Petition is anywhere from $2,500 to $3,500 in the Los Angeles area. Don’t get fooled into paying so much when hiring the right lawyer.
Would you perform an operation on yourself? The answer is no! This is the thinking you should have when hiring a bankruptcy attorney. With something so important, don’t leave it in your own hands – hire a professional! However, don’t pay thousands of dollars when you don’t have to.
Don’t fool yourself into thinking that if I pay more, then I will get more. In certain situations, that is the case, but for the general public, you do not need to pay thousands of dollars to file a simple Chapter 7 bankruptcy. The usual American has very little assets (i.e., no equity in their car or home), very little money, and thousands in credit card debt. You should never pay thousands of dollars to file a simple Chapter 7 bankruptcy.
If you are going to hire a law firm to handle your bankruptcy petition, make sure you actually speak with the attorney. Law firms usually have their paralegals and legal assistants handle questions. However, the right law firm will allow you to speak freely with an attorney. Don’t get fooled into having a paralegal answer your bankruptcy questions, such as “can I keep my car?
About the author: Alon Darvish is an experienced Los Angeles Bankruptcy Attorney. To learn more about him, visit him at Law Offices of Alon Darvish – Los Angeles Bankruptcy Lawyer
Filed under Finance by on Nov 9th, 2009.
