You scan your latest financial statements, and all you see are double-ruled figures that scream “Abandon ship!” Lately, every time you answer your phone, it’s a creditor demanding that you pay your debts. If these scenarios feel familiar to you, you can minimize the impact of your misfortunes with the help of a good bankruptcy attorney Utah law offices provide.
Research Your Bankruptcy Case
Most people in the United States file either Chapter 7 or Chapter 13 bankruptcy. In Chapter 7, a business or individual undergoes a liquidation process to pay off debts as soon as possible. On the other hand, Chapter 13 allows insolvent debtors enough time—usually 3 to 5 years—to redeem themselves according to a court-approved plan. Either way, you need to meet certain qualifications, which a good bankruptcy attorney can explain to you thoroughly.
Get feedback from your friends who’ve had experience with their own bankruptcy. Don’t push them too hard about the matter, though. You probably understand, more than anyone else at the moment, how harrowing an experience bankruptcy can be. You may also check Utah’s chapter of the American Bar Association or any services in your area that can provide a list of bankruptcy attorneys.
Interview Your Prospective Lawyers
Good bankruptcy lawyers in Utah would be willing to give you a free initial consultation. Ask them how long they’ve handled bankruptcy cases, and how many successful cases they’ve had. You can increase your chances of winning a bankruptcy case with an experienced and competent lawyer.
Ask More Questions about Your Bankruptcy Case
Your prospective bankruptcy lawyer should explain to you in layman’s terms everything you need to know about bankruptcy. They should also help you file the necessary paperwork while the case is ongoing. You’ll also want a lawyer who’ll be by your side should you have issues with your creditors even after the bankruptcy case has ended. Inquire about estimated costs from beginning to end of the case.
Go with Your Gut Feeling
It’s important to have representation that you feel comfortable with when in a grave place like a courtroom. Notice how you feel when you walk into your lawyer’s office. No matter how good a lawyer may seem, if he adds to your feeling of dread on top of your worries about your bankruptcy, then you’re probably better off somewhere else. Trust your instincts.
Bankruptcy shouldn’t weigh too heavily on you. Whatever happens, you can always start with a fresh and blank credit history in the future. Seek legal counsel from law firms like Lewis Adams and Associates to obtain the services of a Salt Lake City bankruptcy attorney you can rely on.