Hiring A Great Los Angeles Bankruptcy Attorney

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By Alon Darvish

If you are seeking a bankruptcy lawyer, it is best to exhaust all other possibilities before filing bankruptcy because filing for bankruptcy is a last resort option to becoming debt free. If you file for bankruptcy, it will remain on your credit report for 7 to 10 years depending on which chapter you file.

Although extremely important to hire a lawyer when considering bankruptcy, it is not necessarily needed. However, if you are reading this article, it appears as though you are interested in how to find the right bankruptcy attorney. Make sure the lawyer is familiar with your bankruptcy situation and your financial affairs. If you are going through or have gone through a lawsuit, make sure he is aware of it. If you have a wage garnishment or bank levy, make sure the attorney knows because the attorney will be the one that is able to stop the wage garnishment and bank levy.

Your bankruptcy attorney must be familiar with the new laws that affect bankruptcy filings. In 2005, a new set of rules have been set in place making it difficult for individuals to file for bankruptcy. Although it has made it difficult to file for bankruptcy (more hurdles to jump through), for the majority of individuals out there, it is somewhat easy to qualify them under the new bankruptcy laws.

Hiring a bankruptcy attorney is an important step to becoming debt free. You need to consider many things - including cost. If lack of money is an important aspect to finding that right attorney, then you may be able to find the right attorney at the Law Offices of Alon Darvish in Beverly Hills, California.

Bankruptcy attorneys in the Los Angeles area tend to charge a lot of money ($2,500 to $3,500) for a simple Chapter 7. Many have been coaxed into paying this kind of money for such a simple bankruptcy petition. It doesn't take much work for the attorney to file a chapter 7 bankruptcy petition.

Would you perform an operation on yourself? The answer is no! This is the thinking you should have when hiring a bankruptcy attorney. With something so important, don't leave it in your own hands - hire a professional! However, don't pay thousands of dollars when you don't have to.

Don't fool yourself into thinking that if I pay more, then I will get more. In certain situations, that is the case, but for the general public, you do not need to pay thousands of dollars to file a simple Chapter 7 bankruptcy. The usual American has very little assets (i.e., no equity in their car or home), very little money, and thousands in credit card debt. You should never pay thousands of dollars to file a simple Chapter 7 bankruptcy.

When looking for a bankruptcy attorney, make sure you have a chance to speak to the attorney and not just a paralegal or legal assistant. Larger operation bankruptcy firms tend to have their paralegal handle your questions. Paralegals are not well equipped to handle such important questions, such as "Can I keep my home?" or "What will happen to my car?". Make sure you have an opportunity to speak to an actual bankruptcy attorney.