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Wednesday, March 4, 2009
Among the other stressful problems you have to deal with when filing for bankruptcy, choosing a lawyer is one more thing you need to consider. It is important, especially with the recent changes to the bankruptcy law code. The law has become more complex, and filing bankruptcy without a lawyer is simply not feasible these days.
However, not just any lawyer will do. We recommend that you consider choosing a bankruptcy law practice rather than going with a general law practice. You need a lawyer who specializes in bankruptcy and understands the new bankruptcy code in all its details.
The new bankruptcy law is so complex that even lawyers have a difficult time keeping up with it. I say "keeping up with it" because the law is actually still evolving. There are many provisions in the law which are unclear, and judges will have to sort this out in the coming years.
With this in mind, you can see how important it is to seek the counsel of the bankruptcy lawyer who works hard to stay on top of the latest developments in the field. It should be abundantly clear by now than going through bankruptcy without the help of a lawyer is not an option.
You may have well meaning friends or relatives who claim to have gone through the process by themselves in order to save money. Remember, though, that the bankruptcy law has changed into a more complex legal code that needs a specialist in order to understand it. A lawyer will help you understand the best options for your situation.
Make sure the lawyer is able and willing to study your case in detail. Every bankruptcy case is different, and you need to know whether bankruptcy is best for you. Try to find the best bankruptcy lawyers possible.
If you're not sure if bankruptcy is right for you, you will want to speak to a bankruptcy lawyer to help you decide which course of action to take. However, be careful to make sure that the lawyer is not simply giving a sales pitch on behalf of bankruptcy. Some lawyers will give you a free consultation in the hopes of making money by having you declare bankruptcy with their help.
You may be worried about the cost of legal fees, but the costs of going through the process without the help of a lawyer can be much greater. Keep in mind that a successful bankruptcy case will wipe out your debt (or reorganize it depending on which kind of bankruptcy you apply for). This should help you take care of your legal fees if your case is successful.
However, not just any lawyer will do. We recommend that you consider choosing a bankruptcy law practice rather than going with a general law practice. You need a lawyer who specializes in bankruptcy and understands the new bankruptcy code in all its details.
The new bankruptcy law is so complex that even lawyers have a difficult time keeping up with it. I say "keeping up with it" because the law is actually still evolving. There are many provisions in the law which are unclear, and judges will have to sort this out in the coming years.
With this in mind, you can see how important it is to seek the counsel of the bankruptcy lawyer who works hard to stay on top of the latest developments in the field. It should be abundantly clear by now than going through bankruptcy without the help of a lawyer is not an option.
You may have well meaning friends or relatives who claim to have gone through the process by themselves in order to save money. Remember, though, that the bankruptcy law has changed into a more complex legal code that needs a specialist in order to understand it. A lawyer will help you understand the best options for your situation.
Make sure the lawyer is able and willing to study your case in detail. Every bankruptcy case is different, and you need to know whether bankruptcy is best for you. Try to find the best bankruptcy lawyers possible.
If you're not sure if bankruptcy is right for you, you will want to speak to a bankruptcy lawyer to help you decide which course of action to take. However, be careful to make sure that the lawyer is not simply giving a sales pitch on behalf of bankruptcy. Some lawyers will give you a free consultation in the hopes of making money by having you declare bankruptcy with their help.
You may be worried about the cost of legal fees, but the costs of going through the process without the help of a lawyer can be much greater. Keep in mind that a successful bankruptcy case will wipe out your debt (or reorganize it depending on which kind of bankruptcy you apply for). This should help you take care of your legal fees if your case is successful.
About the Author:
Don't let the fear of your debt take over your life. Get the facts about bankruptcy and learn how to get control of your debt. To learn more about the different types of bankruptcy visit us at http://personalbankruptcyquestions.org
posted by Credit Counseling at
1:24 PM
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