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What is necessary to file for bankruptcy?
Filing for bankruptcy is a complicated process and one should consider hiring a lawyer to help with the filing process. You also need to undergo credit counseling and be aware of what type of bankruptcy to file.
In order to file bankruptcy must you have a bankruptcy attorney?
If you are filing for personal bankruptcy it is not necessary to have a lawyer. If you are filing for business bankruptcy, you must retain a lawyer on your behalf.
Do you have to notify the bankruptcy attorney before filing a lawsuit?
Of course! Your lawyer must know all the actions to be taken. You must consult to your lawyer first before in whatever you do.
What happens when a judgment is against us while in the process of claiming bankruptcy?
If you are filing bankruptcy, you should have a bankruptcy lawyer onboard, and this is a question for him or her to deal with. You do not want to go through a bankruptcy on your own, especially as the bankruptcy rules have changed.
When do you need to search out a bankruptcy lawyer?
While you're filing for bankruptcy you may want a bankruptcy lawyer, because it can be very confusing at times and they will be extremely helpful.
Do you need a lawyer if you are filling for bankruptcy?
You do not need a lawyer if you are filing individually. If you are filing for bankrupcty and you are in a corporation or in a partnership with someone, a case needs to be created, so you would need a lawyer.
Questions To Ask When Meeting with a Bankruptcy Lawyer?
If you are planning to file a bankruptcy, you should find an experienced, competent bankruptcy lawyer if you want to succeed. Filing a bankruptcy is a huge decision, but it can help you lift the burden of financial debt from your shoulders. When you meet with a bankruptcy lawyer, you should ask the following questions. Ask your bankruptcy lawyer if you should file a bankruptcy and find out what options you have. A good bankruptcy lawyer can help you decide if you should file a Chapter 13 or Chapter 7 bankruptcy. You should also find out what the negative effects and benefits are for filing a bankruptcy. You should find out who will be handling your case. Sometimes the person you meet or speak with is the not the person that handles bankruptcy cases. It would be a good idea for you to talk with the person who is handling your case to discuss your concerns. If you do not feel comfortable with the person who is handling your case, you should find a new bankruptcy lawyer. You should also find out if the bankruptcy lawyer is experienced. Find out how many years he has been handling bankruptcy cases. You should only hire an experienced bankruptcy lawyer to represent your case. When you are shopping around for bankruptcy lawyers, find out how much they charge for their services. Some bankruptcy lawyers charge a flat fee and others charge an hourly rate. Also, you should find out if there are any additional costs for using their services. Compare rates with several lawyers before you choose one to represent you. When you are comparing bankruptcy lawyers, you should also find out what the process involves, what they will need from you, and how long the whole process will take before you find out if your case is approved. Before you meet with a bankruptcy lawyer, jot down any other questions or concerns that you have. That way, you will be able to make an informed decision.
What is the average fee on chapter 13 bankruptcy from a lawyer?
Bankruptcy filing fees can vary from one attorney to another. Chapter 7 filing fees average $300 and Chapter 13 averages around $280. Generally more experienced lawyers may have higher rates.
How often can one file bankruptcy for businesses?
The first step in filing bankruptcy for any business is to speak with a bankruptcy lawyer. There are many different types of bankruptcies and one needs to know which one to file before anything else can be done.
Should I file for a divorce before filing chapter 7?
Every case is different, but if the two of you file a joint petition for bankruptcy before the divorce, you will both avoid problems. Consult a lawyer who knows both divorce and bankruptcy law.
How long does it take for a house to be settled when filing bankruptcy for it to become available for sale?
Your question is somewhat complex, and there may be variations in the process due to laws of the state of jurisdiction for the bankruptcy filing. An excellent primer about either chapter 7 or 13 bankruptcy is "The New Bankruptcy, will it work for You?" 3rd edition by Stephen Elias, published in 2009 by Nolo; 346.078 E42N Dewey decimal. Also you might contact a paralegal or lawyer specializing in filing bankruptcy in the state of jurisdiction.
What can a chapter 13 attorney do for the clients?
A chapter thirteen attorney will not only help you make your bankruptcy legitimate, they will also help you figure out some of your financial problems to make it easier for you to pay off some of your debts.
