When you are considering filing for Chapter 7 bankruptcy you will find a lot of advice pointing you to hiring an attorney to help. Before you hire a lawyer or firm you will want to determine if you really need one and how to choose between the candidates.
Do You Need One?
The short answer is yes, it is better to get an attorney when filing for bankruptcy than to go it alone. This is because there are different types of bankruptcy and many regulations and rules to follow when filing. A chapter 7 lawyer Orlando FL firm can help you navigate the system better and understand what your responsibilities are. A lawyer is especially useful if you have any loans secured with collateral such as a car loan or a home mortgage because he or she can help you negotiate with the creditor and determine what happens to the loan and property during and after the bankruptcy process.
How To Choose One?
Choosing an attorney to help with your bankruptcy case can be easier than you think. You will want to make a list of firms or individual lawyers with experience in the type of bankruptcy you want to file, Chapter 7 or 11 for individuals or Chapter 11 or 13 for businesses, and rank them by those with the highest reputation. You will also want to schedule an interview with your top choice to see if your case is one that he or she will want to take on, how payment will be worked out and even if you are comfortable working with him or her.
Filing for bankruptcy is not an easy task or decision but hiring an attorney to help with the process can make it easier. A qualified and experience lawyer can help you choose which type of bankruptcy to file as well as help you fill out the paperwork and negotiate with creditors.