When you run into financial problems and can no longer afford to repay your debts, you have a few different options to consider. Although you will want to avoid it because of the long-term damage that it does to your credit rating, filing for bankruptcy might eventually be your only option. Before making this important decision, however, it is a good idea to speak with an attorney who regularly practices in these matters. By hiring a professional, you can prevent yourself from making a mistake and start the process of rebuilding your life as quickly as possible.
Do You Have a Focus Area of Your Practice?
Since these proceedings come from a variety of different settings, your attorney will probably have an area of practice in which they focus. Some lawyers choose Business Chapter 7 bankruptcy as this their primary area of practice. That same lawyer might choose to focus on small businesses or corporations, depending on his level of experience. If you are simply trying to prevent your home from being foreclosed, this is probably not your best option. Choose a lawyer that usually deals with personal cases, as this will ensure that you receive the level of support you need to get through this difficult time in your life.
How Much Will I Owe You?
Naturally, you will want to know the cost before hiring any legal professional. In doing so, you will likely have to meet with each attorney and go over your exact case. It can be difficult to shop around for a lawyer, but it is important that you meet with a few different attorneys to ensure that you are getting a quote that is close to your market’s norm. You should also have an idea of what you will receive for this money, as this allows you to determine the value that you are receiving.
Which Aspects Will You Handle?
Finally, you will want to figure out how much of the bankruptcy proceedings will fall on your lawyer’s shoulders before making a selection. Some of the larger firms in your area might outsource some aspects of your case to a paralegal. This is perfectly normal, as these paralegals are trained professionals who do this type of thing for a living. Have a clear idea of how much the lawyer is individually handling before making any decisions.
Rapa Law Office, P.C. is a law firm with locations in Allentown and Lehighton, Pennsylvania that handles cases involving in bankruptcy law. To make an appointment to go over your financial options, stop by their website at www.chicagodebtsolutions.com. You can also visit their Google+ profile.
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