You do not have to wait for the final straw on the camel’s back for you to proceed to file for bankruptcy. Statistics show that many people are filing for bankruptcy today more than ever before in history, with bankruptcy-related cases coming a close second to family law and criminal law. 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?
However, chapter 13 can get ugly when you are filing for bankruptcy and have existing loans such as a car loan, mortgage, or any other form of financing that you took with collateral. Dealing with the creditors in such a case scenario would mean agreeing to have the creditor redeem their property or reaching a reaffirmation agreement. 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.
Should you decide to file for bankruptcy without an attorney, it means you will have to be very familiar and knowledgeable on the process, what property and assets you are allowed to exempt. 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.
How do you settle on the right chapter 13 bankruptcy attorneys to work with? Should you choose based on the advert you saw on television, or call that telephone number you have memorized for the past couple of weeks on the billboard that looks down on you on 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.
The next important point to address when it comes to bankruptcy attorneys is how much they charge for the services. Considering you are dealing with financial woes, it is always difficult to pinpoint the actual cost of working with a bankruptcy attorney as there are several determinants to the same. 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.