Filing for bankruptcy is one the toughest decisions a person can consider in a lifetime. However, when you finally decide to do away with your debts and start a fresh financial life, it is important that you make informed choices. Choosing an attorney to handle your application process is hence very important. When looking for a chapter 7 bankruptcy attorney Georgia residents should observe the following factors.
Chapter 7 is the most popular type of bankruptcy filed. In this model nonexempt assets are sold by a trustee and the proceeds advanced to creditors. After a successful filing, creditors will not be allowed to collect funds from you. After all these assets have been liquidated and creditors paid, you will be able to start a fresh financial life without any fear. However, there are certain debts, such as criminal fines and student loans which cannot be discharged with this model.
However, there are debts that cannot be discharged under this chapter. These include child support and alimony, criminal fines such as those for drunk driving, purchases made recently involving substantial amounts and debts which were incurred through fraudulent dealings and wrongdoing. Your trustee will carefully check if there are nonexempt assets that can be sold to the benefit of unsecured creditors.
Searching for a prospective service provider should not be a challenging task. This can be attributed to their vast numbers in the Atlanta Georgia legal industry today. Consider asking for referrals from friends and relatives who have been through a similar situation and obtained excellent results. Ask them to provide reasons why they think that attorney is best suited to handle your application.
Experience should be the next thing you check. You want an Atlanta GA legal professional who has been in the industry for a good number of years and has successfully handled similar cases before. Ensure you ask which types of cases the attorney has handled and how many of these were successful. If the lawyer has only handled tons of chapter 13 bankruptcies, he might not be the best choice for you.
The experience of that professional can also be checked. Ask how many similar cases he or she has successfully handled. Keep in mind that the number of years the individual has been practicing does not guarantee experience. Experience is to be evaluated in terms of how competent he or she is and the number of similar cases that have successfully been handled.
The cost of services is another concern. During such times, it is expected that you do not have a lot of money to pay the attorney. It is hence very important that you take time and compare rates of a number of lawyers so you know who charges reasonably. However, this does not necessarily mean that you settle for the cheapest lawyer you find.
Filing for bankruptcy requires a lot of paper work and constant communication with your lawyer. It is hence very important that you make the right choice of this professional. Some of the factors you need to consider include area of specialization, experience levels, cost of representation and reputation in the industry.
Chapter 7 is the most popular type of bankruptcy filed. In this model nonexempt assets are sold by a trustee and the proceeds advanced to creditors. After a successful filing, creditors will not be allowed to collect funds from you. After all these assets have been liquidated and creditors paid, you will be able to start a fresh financial life without any fear. However, there are certain debts, such as criminal fines and student loans which cannot be discharged with this model.
However, there are debts that cannot be discharged under this chapter. These include child support and alimony, criminal fines such as those for drunk driving, purchases made recently involving substantial amounts and debts which were incurred through fraudulent dealings and wrongdoing. Your trustee will carefully check if there are nonexempt assets that can be sold to the benefit of unsecured creditors.
Searching for a prospective service provider should not be a challenging task. This can be attributed to their vast numbers in the Atlanta Georgia legal industry today. Consider asking for referrals from friends and relatives who have been through a similar situation and obtained excellent results. Ask them to provide reasons why they think that attorney is best suited to handle your application.
Experience should be the next thing you check. You want an Atlanta GA legal professional who has been in the industry for a good number of years and has successfully handled similar cases before. Ensure you ask which types of cases the attorney has handled and how many of these were successful. If the lawyer has only handled tons of chapter 13 bankruptcies, he might not be the best choice for you.
The experience of that professional can also be checked. Ask how many similar cases he or she has successfully handled. Keep in mind that the number of years the individual has been practicing does not guarantee experience. Experience is to be evaluated in terms of how competent he or she is and the number of similar cases that have successfully been handled.
The cost of services is another concern. During such times, it is expected that you do not have a lot of money to pay the attorney. It is hence very important that you take time and compare rates of a number of lawyers so you know who charges reasonably. However, this does not necessarily mean that you settle for the cheapest lawyer you find.
Filing for bankruptcy requires a lot of paper work and constant communication with your lawyer. It is hence very important that you make the right choice of this professional. Some of the factors you need to consider include area of specialization, experience levels, cost of representation and reputation in the industry.