Did you recently run into a financial jam due to which you’ve been desperately searching for debt relief options that could temporarily help you handle your problems? One of the biggest blunders that people make is ticking off bankruptcy from their options list. They are scared of filing bankruptcy due to the opinions and assumptions held by others and the negative information that is found on the internet.
Moreover, emotions can also turn your choice to be trickier. During a time you’re suffering financially, your emotions are also in a state of haywire. As you start struggling with retaining your mental peace, panic attacks may seem moments away. This is why it is vital to take action with proper intention and knowledge.
How can a bankruptcy attorney aid your financial case?
If you wish to stay afloat during tough financial times, hiring a Las Vegas bankruptcy attorney may be a worthy decision. Here are the reasons why:
- An attorney, in the first place, tells you whether or not your current financial situation demands filing bankruptcy
- He advises you on the type of bankruptcy to choose – whether Chapter 7 or Chapter 13
- He offers input on the tax ramifications you may face
- He advises you on whether or not you should keep making payments to your creditors
It’s tough to figure out a trustworthy bankruptcy attorney – Steps to choose one
Check out some key factors that you should keep in mind when you shop around for hiring a bankruptcy attorney who can represent you.
- Appoint a highly competent attorney
The first question to ask the bankruptcy attorney is about his experience. No, it is not always true that an attorney with long experience will be perfectly armed than someone with lower experience. What matters more is the total number of cases that the attorney has handled successfully. In fact, the NACBA (National Association of Consumer Bankruptcy Attorneys) recommends that there are many attorneys who have been working for a long time but who haven’t yet mastered the main subject. Hence, choose wisely.
- Watch out for a specialist
Lawyers usually practice in different areas and the smartest decision on your part would be to choose someone who has expertise in bankruptcy law. Lawyers who dilly-dally a little bit of everything will most likely be unaware of the intricate areas of bankruptcy law. Is he a member of associations like the National Association of Consumer Bankruptcy Attorneys? If yes, that is a positive sign!
- Attorneys with local know-how are preferable
Apart from being an expert in bankruptcy laws, the lawyer should also be well-acquainted with the local laws of the court where you have planned to file your bankruptcy case. The procedures of bankruptcy usually vary from one locality to another. Hence, it is always a better option to focus on a bankruptcy attorney who has practiced at local courts. They can use the local personnel for the benefit of the case.
- You should be comfortable working with the attorney
At the end of the day, since it is you who will be working with the bankruptcy attorney, you should be comfortable with him. Hire someone who is patient enough to listen to you and gather all the minute specifics of your case. This will give him a better understanding of your situation and hence represent you in an appropriate way. Never make a decision that is entirely based on price.
So, when you’re thinking of filing bankruptcy to stay afloat amidst tough financial times, look for referrals and do a comprehensive search online. Use the NACBA as a reputable source for finding the best bankruptcy attorneys who can cater to your needs.