Hiring A Great Los Angeles Bankruptcy Attorney

By Alon Darvish

If you are seeking a bankruptcy lawyer, it is best to exhaust all other possibilities before filing bankruptcy because filing for bankruptcy is a last resort option to becoming debt free. If you file for bankruptcy, it will remain on your credit report for 7 to 10 years depending on which chapter you file.

It is not necessary to hire a lawyer or an attorney to file for bankruptcy, but it is advisable. Especially with something so important, you want to make sure it is done right. You want to make sure that the right lawyer is familiar with the financial difficulties are you are facing, i.e., collections, foreclosure, repossessions, lawsuits, wage garnishments, bank levies, etc.

Your bankruptcy attorney must be familiar with the new laws that affect bankruptcy filings. In 2005, a new set of rules have been set in place making it difficult for individuals to file for bankruptcy. Although it has made it difficult to file for bankruptcy (more hurdles to jump through), for the majority of individuals out there, it is somewhat easy to qualify them under the new bankruptcy laws.

Hiring a bankruptcy attorney is an important step to becoming debt free. You need to consider many things - including cost. If lack of money is an important aspect to finding that right attorney, then you may be able to find the right attorney at the Law Offices of Alon Darvish in Beverly Hills, California.

Many consumers pay thousands of dollars to a bankruptcy attorney to file a simple petition. Although certain consumers have more of a complicated situation, it should not cost $3,500 to file a simple Chapter 7 Bankruptcy petition.

Filing bankruptcy on your own is much like considering suicide. Would you perform an operation on your own? No, you wouldn't. Then why would you file for bankruptcy on your own? However, much like going to a doctor, there is no need to see a specialist, if you have something as simple as the cold.

Don't get fooled into paying so much when you are considering to file bankruptcy. The majority of Americans have very little assets and these assets are usually exempt under the Bankruptcy code. Therefore, the bankruptcy trustee will usually not take these assets away from you.

When looking for a bankruptcy attorney, make sure you have a chance to speak to the attorney and not just a paralegal or legal assistant. Larger operation bankruptcy firms tend to have their paralegal handle your questions. Paralegals are not well equipped to handle such important questions, such as "Can I keep my home?" or "What will happen to my car?". Make sure you have an opportunity to speak to an actual bankruptcy attorney. - 31377

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