Upon deciding to hire a Deerfield bankruptcy attorney, make sure that you interview that attorney. Make sure that when you go to their office, you take notice of the office location, the office size, the office atmosphere, and the general feeling that you get when you walk into that office. When you sit down with the attorney, are you feeling rushed, or do you feel that the attorney is taking the time to answer all of your questions in detail? Do you feel that the attorney is knowledgeable in the area of law? Do you feel that you will be comfortable working with this attorney over a four-month period? If the answer to any of those questions is no, then you should seek alternate counsel. Don’t just hire the first attorney that you go to see. See if that attorney has written on the subject. See if that bankruptcy lawyer has any useful information on the website, such as articles and videos. See if that attorney will provide any references or past clients that you can talk to. A good attorney will be able to do all those things for you without hesitation.
Chapter 7 bankruptcy is fresh start bankruptcy. It allows an individual who has very little in the way of assets to eliminate unsecured debt, such as credit cards, medical bills, personal loans, past-due utility bills, and auto repossession deficiencies. Filing Chapter 7 bankruptcy includes one court appearance, known as the 341 meeting of creditors. The approximate timeframe for a Chapter 7 bankruptcy from start to finish is 120 days. The case will conclude with the Clerk of the U.S. Bankruptcy Court issuing a discharge order. The discharge order is the proof that the case has gone through to completion, and it is sent to all creditors, to the debtor, and to the debtor’s attorney. The cost for filing a Chapter 7 bankruptcy case based on filing fees is $306.00. Attorney’s fees are going to vary based on the complexity of your case, your location, and the particular attorney that you hire.
If you are seeking assistance with Chapter 7 bankruptcy, I strongly suggest that you do research on the Internet to find out more about the subject. Chapter 7 is not something that an attorney can explain in a short, 20-minute consultation. People want to know whether they can keep their house. People want to know whether they can keep their car. These are questions that you need answers to when you’re hiring a bankruptcy attorney. You need to get the bankruptcy facts.
Most people who file a Chapter 7 bankruptcy case are able to keep their house and car, provided they continue to make their monthly payments on those items. For example, if you have a house that very little in the way of equity, then the trustee is not going to be interested in trying to take that house from you. The same applies for a vehicle. If you have a vehicle that has very little in the way of equity, then the trustee is not going to be interested in taking that vehicle to pay creditors. However, if you have a bank account with $20,000.00 in it, then the trustee is going to take that asset to sell and pay creditors a pro rata share. Your Chicago bankruptcy attorney will help discover whether or not you have any assets that are possibly going to be taken by a trustee. Your attorney will uncover all of this information during the interview process.
At my office, we have a bankruptcy questionnaire which we ask clients to fill out. It is often best to fill out that questionnaire in advance, and you can do so by downloading the questionnaire online. The questionnaire helps guide the attorney in terms of what you have in terms of assets, liabilities, income, and expenses. It is at that time that they attorney will also point out if there is any debts that may not be discharged, such as student loans, recent taxes, parking tickets, or child support. My best advice to you is to consult with at least three Chapter 7 bankruptcy attorneys before making a final decision. Let each bankruptcy attorney explain to you how long they’ve been in business, what they know about the topic, and what they can do for you. I guarantee you that after meeting three bankruptcy attorneys, the winner will surface without much of a doubt at all. You want to hire someone who’s competent, skilled, seasoned, and experienced. Don’t make the mistake of trying to file bankruptcy yourself.