If you are like many people, you will wait until you break that piggy bank for you to admit you have a problem and need to file for bankruptcy. According to latest statistics, there are so many people today who are filing for bankruptcy, where such suits come a close second to family and criminal lawsuits. You can always file for bankruptcy without a lawyer, after all, you are broke how do you even afford to pay a bankruptcy attorney in the first place?
If you have a mortgage, car loan, or such forms of financing where you had collateral, it means the process can get pretty ugly and complex. What this means is you will have to discuss with your creditors whether or not they will redeem the property used to secure your loan or whether agreeing to reaffirmation would be the right approach to take. A good chapter 13 bankruptcy attorney will always come in handy in such a case scenario to offer wise counsel and help with the negotiation process.
When you decide to file on your own without an attorney, be advised you will need to be very knowledgeable when it comes to chapter 13, property that is supposed to be exempted from the court and more importantly be in a position to prepare a chapter 13 draft. At the most basic level, drafting a chapter 13 means providing necessary details of your income and expenditure, property, creditors and all your financial transactions in the last couple of years. This is where you get hands-on personal attention and easy access to a bankruptcy attorney who will work and walk with you to make the burden a little easier than it already is.
Next thing to ask yourself is where to find the right man, or woman, thereof, for the job. Maybe you have seen this good-looking attorney on TV or one plastered on billboards along the highway? Should you check the internet for online reviews or ask for referrals from family and friends? All these are viable options to help you land the right Fresno foreclosure attorney.
You might also want to look at how much legal representation will cost you when it comes to filing for bankruptcy. It is often a contentious issue considering you are dealing with money problems in the first place. In general, you should expect a flat fee rate from your chapter 13 bankruptcy attorney, who may probably go up slightly higher should you be filing for bankruptcy as a couple. You expect to pay more if your situation is complicated.