Paying "top dollar" for legal representation does not always mean you are getting the best. Many large law firms charge big fees in order to keep up appearances, so to speak. You need to determine which one fits your needs, and will act in your best interest. My husband and I went with a cheaper attorney. We didn't have any trouble until 3 years after our bankruptcy when we pulled our credit and found our mortgage was not reporting. Turns out, none of our loans (cars or home) were reaffirmed. Now, we are at the deciding point of whether or not it is worth the expense to correct the problem (we are selling our house anyway). The worst of it is that the attorney is no longer in business and no longer in the bar association. IN hindsight, we would be a little more demanding on copies of completed documentation. We would also check our credit report every couple of months to ensure its accuracy. Hope this helps!
Yes, and you can bet they will. You need a lawyer as well!
You are not going to find a free bankruptcy lawyer, but you may find a cheap one. Another thing you can do is get all the forms, fill them out, and file them youself. That would cut the cost or find a paralegal to help you do the forms. Go to your local bookstore and find the self help bankruptcy books.
If you file a chapter 7, and there are no problems, you will never go to a court. But you WILL be required to meet with the BK trustee, even if you have a lawyer, for a 341 creditors hearing (these usually last 5 minutes or less)
(UK - US and other countries may follow different legislation)All creditors need to be listed on your application for bankruptcy. As your lawyer / solicitor is, usually, the person who submits the application, you will need to discuss it with them (Failure to disclose information about creditors can be viewed as fraud).Wasn't logged in.
Some states call their trial courts supreme courts. In most states, the supreme court, like the federal Supreme Court, is the highest appellate court in the state. A bankruptcy may not stop a case on appeal to a state supreme court. But if it is a trial court, then bankruptcy can stop a case from going forward. Consult a local bankruptcy lawyer.
The best place to find out about that law is by going to a lawyer. Lawyers know the laws and they can teach or tell you them. You can also go to the library and check out books about bankruptcy, and laws about bankruptcy.
I am not a lawyer, but I do know that you can try to check with the township or county assessor's office and see if the property taxes have been paid and try to find out who is paying them. Also, I would recommend going to the US Bankruptcy Court clerk's office where you filed your bankruptcy. Te address and phone number should be in the government pages of your local phone book. Maybe the clerk can help you look up your bankruptcy file. One thing you might check on is to see if there is an Order of No Assets, No Claimants, and when the bankruptcy was discharged and if it is closed. Also, it important whether you filed a chapter 7 or a chapter 13. Was your mortgage paid prior to filing bankruptcy or mostly paid? Was your house claimed in the exemptions? Did anyone object to the exemptions? It may be wise to have a bankruptcy or real estate lawyer look over your papers.
No.
bankruptcy
Bankruptcy lawyers are there to help those persons who are experiencing extreme financial hardships. When bills mount to the sky and income is insufficient, people are in a financial hardship. They can only pay for ordinary living expenses like housing and food, but not their bills. Some cannot even make their regular living expenses; they are destitute. The law provides relief from excessive financial hardship through bankruptcy. There are several ways to declare bankruptcy, and using bankruptcy lawyers is the best way to assure that all the little details are covered properly. If a person declares bankruptcy, the bill collectors must stop calling and harassment. The person can just refer everyone who wants money to their bankruptcy lawyer. There is some embarrassment and feelings of failure when a person does decide that the only thing they can possibly do is to declare bankruptcy. However, it does provide that person with peace of mind and a fresh start. Bankruptcy will stay on the person’s credit history for up to ten years, but they will begin to see credit enticements in about two years following bankruptcy. The best thing for anyone going bankrupt to do is, after they secure their personal bankruptcy lawyer, to learn about money and how to better manage it. Yes, sometimes things happen that are not personal decisions and that are beyond a person’s control. A job may be lost, or an accident can bring on enormous bills. Many times, the bankruptcy lawyer is the one and only person who will be on that distressed person’s side to help them out of the financial hardship. Most bankruptcy lawyers will provide a free first consultation. Bankruptcy lawyers usually have a set fee they charge for handling a case, but that may vary depending on the individual circumstances and extent of the case. They will go over the entire financial situation to determine if bankruptcy is the best answer, and which type of bankruptcy should apply to the case. Bankruptcy lawyers understand the burden of financial hardships. They also know the relief that filing for bankruptcy can bring. If financial problems are ruining your life, consult with a bankruptcy lawyer.
One and the same...going bankrupt means they have legally asked for protection under the bankruptcy laws.
When someone files for bankruptcy, they are protected and their possession will likely not be repossessed. However, if they are, subject to repossession you would have to talk to a lawyer in order to keep the car.