Finding the Right Los Angeles Bankruptcy Attorney
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.
Although extremely important to hire a lawyer when considering bankruptcy, it is not necessarily needed. However, if you are reading this article, it appears as though you are interested in how to find the right bankruptcy attorney. Make sure the lawyer is familiar with your bankruptcy situation and your financial affairs. If you are going through or have gone through a lawsuit, make sure he is aware of it. If you have a wage garnishment or bank levy, make sure the attorney knows because the attorney will be the one that is able to stop the wage garnishment and bank levy.
New laws have also been set in place since 2005 and many attorneys are not well aware of it. There are certain financial management courses that need to be taken in order to file for bankruptcy. Your income must be below a certain amount to qualify for a Chapter 7 bankruptcy. Your attorney will know these answers and will know where to go if he does not know the answer.
If you are trying to get rid of your debt, finding a competent and compassionate attorney is important. Cost is a big factor! If you have very little money, you may be able to contact the Law Offices of Alon Darvish and speak to an attorney to handle your bankruptcy matter.
Bankruptcy attorneys in the Los Angeles area tend to charge a lot of money ($2,500 to $3,500) for a simple Chapter 7. Many have been coaxed into paying this kind of money for such a simple bankruptcy petition. It doesn’t take much work for the attorney to file a chapter 7 bankruptcy petition.
Attorney Alon Darvish tells his clients hiring a lawyer to guide you through the bankruptcy process is extremely important. He states, “would you perform surgery on yourself, or would you hire a doctor to do so?” Something as important as filing for bankruptcy shouldn’t be done by the consumer himself – he or she should hire a professional to do so. However, paying thousands of dollars to do so is ridiculous.
The case of paying for more isn’t always true. The average American doesn’t have such a complicated case when it comes to filing for bankruptcy. Yet attorneys tend to charge thousands of dollars for something so simple merely because they can. If you have a simple case (no assets, just credit card debt), you don’t need to pay $3,000 to file a simple Chapter 7 bankruptcy.
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.
Category: Finance
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