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Finding the Right Los Angeles Bankruptcy Attorney
Exhausting all remedies prior to filing for bankruptcy is clearly important because bankruptcy is known as the "last resort." Filing BK will remain on your credit report for as long as 7 years in a Chapter 13 and 10 years in a Chapter 7 bankruptcy filing. Therefore, consider all other options prior to filing.
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.
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.
Many bankruptcy attorneys tend to charge thousands of dollars for a simple Chapter 7 Bankruptcy services. The general fee for a simple Chapter 7 Bankruptcy Petition is anywhere from $2,500 to $3,500 in the Los Angeles area. Don't get fooled into paying so much when hiring the right lawyer.
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.
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 contacting a bankruptcy attorney, you will usually be speaking with a paralegal or legal assistant. However, when considering to file for bankruptcy, make sure you speak with an actual attorney and not a paralegal. Attorneys know the law and they are the ones that can answer questions about your home, your car, and what debts can be discharged.
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