Bankruptcy is not in the least bit nice. The word is so ominous. There are many ways to asses a situation that is about to take the financial plunge to nothingness. Simply put bankruptcy is when one owes more than what they can afford to pay.
Knowing what to kind of bankruptcy case to file depends on the situation surrounding the debtor. Many firms offer initial consultation to help asses what is happening. Bankruptcy attorney Monterey have firms that offer the initial consultation for free.
Initially, it may sound counter productive to hire and pay for the legal service, since money is at an all time low, but hiring a professional could make the experience less of burdening that it already is. It is vital for the client that they get the most of the cash they put on the table. The three kinds of bankruptcies that people usually file for Chapter 7, Chapter 13 and chapter 11, which is not very often offered in most firms.
Basic chapter 7 services should already include a lot of services for the flat fee. This service should already include consultation, analysis of the financial situation, preparation for the petition, reviewing the petition with the client, attendance at the meeting with the creditors and other post filling collection efforts by the creditors.
It is important that the legal counsel one gets is from a real expert. There are many tell tale signs that can show that a certain firm or agency will not put their best foot forward for their clients. Assure that the attorney to handle the situation has a good track record of filing bankruptcy cases. How long they have been in service is a weak gauge in this situation.
A run through the mil agency is something one wants to avoid at all costs. These firms are more on making money that helping clients. When a firm handles too many clients all at once, means that they probably do not take a look at the details of the cases which making the whole process in a way, automated. Check with the local bar association for recommendations of good firms that do not rip off their clients.
Another red flag to look out for is when no lawyer shows up during the first consultation. It should be alarming if the only time the attorney shows up is during the meeting with the creditors. The attorney has to interact with the client to know that they are genuinely trying to help and asses the situation in all phases of the filing.
There is no reason to be shy about setting up appointments with attorneys that offer free and in person consultation. This will help find a lawyer that is comfortable to deal with and help handle a relatively emotionally situation. During this appointment the attorney will also be able to identify if they can help or not.
In any given field, research needs to be done to find the right professionals to take care of a dilemma. The criteria for getting good legal help should not be skimped on since it is a matter of getting back on track with life and finances. They can be the ticket to financial salvation at such a dire time.
Get an overview of the benefits of consulting an experienced bankruptcy attorney Monterey area and more information about a knowledgeable lawyer at http://centralcoastbankruptcy.com now.
Author: Gregory CollinsThis author has published 1 articles so far.