Introduction
Are you struggling with your financial situation? Don’t worry; you are not alone. A lot of people are facing financial troubles due to the pandemic. Instead of worrying about your situation, it’s important to take charge of it. Additionally, it’s better to consult a bankruptcy attorney who can help you understand your situation clearly and how you can get out of it.
According to bankruptcy Montgomery AL, many people face bankruptcy multiple times because they choose the wrong legal advisors. Somewhere it may be your fault, but you should choose the best bankruptcy lawyer when for your financial situation. The following five steps will assist you to choose the proper lawyer for your bankruptcy case.
Hire the Best Bankruptcy Lawyer
This article will guide you through the simple steps to choose a bankruptcy lawyer. First of all, you need to know your financial situation before hiring an attorney.
1. Which Type of Bankruptcy Lawyer do You Need?
When it involves bankruptcy cases, you would like to know your business situation first. There are mainly two types of bankruptcy cases. Although there are other special types of business situations, Chapter 7 and Chapter 13 are the most common types.
Chapter 7, which is also known as the straight bankruptcy case, lets you liquidate your nonexempt assets to pay back your lenders, and it will wipe out your unsecured debts. On the other hand, Chapter 13 is also known as the wage earner’s plan. In this case, you will be allowed an affordable repayment option for your debts.
2. List Out Bankruptcy Attorneys in Your Area
Bankruptcy cases are frustrating, and they can ruin your financial career if you don’t take the right steps. So, it’s crucial to choose a well-experienced bankruptcy attorney who can help and guide you in your situation.
For that, you need to do online research, get recommendations from your connection and list out the top bankruptcy lawyers in your area. Next, you should narrow down the list by doing profile research of those lawyers.
3. Narrow Down the List by Research
After you prepare a list of bankruptcy lawyers, you need to do proper research about them to narrow down your list. Here you need to consider the following important factors:
- Consider their license.
- Consider their qualification and experience.
- Read testimonials of their clients.
4. Utilize Your Initial Consultation
Most of the lawyers provide you a free consultation and don’t miss those chances. Utilize them properly by asking them the right questions in the first meeting. Prepare the list of questions before you visit them. You should learn how to talk to a bankruptcy lawyer.
First of all, you should ask them whether they worked with a similar client like you and what was the outcome? Next, you should ask how they can help you in your situation. Lastly, be very clear about the legal service charge and how much will the entire case cost you.
5. Make an Informed Decision by Comparing the Lawyers
After narrowing down your list, you need to compare all the lists and decide at your home. Never make a deal at the lawyer’s office. Chances are higher that you may end up choosing a lawyer whom you didn’t want to hire. You can simply tell them that you will confirm your decision in a few days.
When you return home, compare different lawyers, their expertise, service fees, behavior, etc. It will help you be the best bankruptcy lawyer in your area by making an informed decision.
Conclusion
Follow the above steps to choose the best bankruptcy lawyer for your case. As mentioned above, it’s essential to understand your situation and find the right lawyer according to your needs. Don’t forget to ask the right questions before you hire a bankruptcy attorney. You can take recommendations from family and friends before selecting a lawyer.
