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Showing posts from February, 2021

Filing Bankruptcy? How to Select a Bankruptcy Attorney

When you find yourself in financial crisis and other alternatives do not seem to provide a feasible solution, you need to begin considering filing bankruptcy as a way to protect yourself and any assets you may want to retain from your creditors. Equally as important as this decision is that of selecting the right bankruptcy attorney  covina . Most bankruptcy attorneys are associated with a law firm, so it's important that your research goes beyond that of the individual alone. Find an experienced bankruptcy attorney  covina Make sure you file with an attorney who has years of experience working in the field of bankruptcy, some law firms cover several specialties, rather than specialize in bankruptcy law. This can have a negative effect on your case if you file with an attorney who only deals with bankruptcy cases occasionally. Finding a seasoned attorney who understands the laws of the bankruptcy code in your state to file your case with will make a huge difference in the outcome.

What You Must Know About Choosing a Bankruptcy Attorney

Before consulting with a bankruptcy attorney, it will be helpful to know that there are four main types of bankruptcy: Chapters 7, 11, 12 and 13. Only two, chapters 7 and 13 are personal bankruptcy options. The remaining two forms of bankruptcy, chapters 11 and 12 and for corporations and agricultural purposes respectively.   The first step you will want to take when choosing a bankruptcy attorney in the Covina area is finding out the practice areas of your attorney. Some attorneys practice specifically in bankruptcy related matters. Other attorneys have a more general practice where they may cover several practice areas with bankruptcy being one of many.   Other attorneys may have a general practice but they want to try bankruptcy out because of the recent developments in the economy. If this is the case and the attorney is a solo-practitioner, you will want to make sure that you ask if the attorney has a reference source by which he or she is able to get help concerning the things h