Bankruptcy laws would help people recover from excessive debt. It would also help people have a fresh beginning. However, the bankruptcy laws are complex. To file for bankruptcy or make the most of the benefits of bankruptcy, you would be required to have a competent bankruptcy lawyer at your behest.
However, you would be required to follow the below-mentioned steps before filing for bankruptcy. Let us delve into the steps briefly.
The initial step
The initial step you would be required to take before filing for bankruptcy would be to hire the services of an experienced bankruptcy lawyer. The step might appear to be relatively simple, but it is the main step for determining how your bankruptcy case unfolds in court. It would also determine your chances of success in the case.
Your choice of bankruptcy lawyer would determine your future. Therefore, it would be important for you to take utmost care and caution when choosing a bankruptcy lawyer for representing you in a court of law.
- Look for referrals
You should look for referrals from your friends, colleagues, or anyone you know and trust. A good option would be to seek a referral from the one having undergone bankruptcy. You could ask him about the lawyer who represented him in the case.
Consider looking in yellow pages. It would be a quick and convenient way to search for the best bankruptcy lawyer working in your region. The yellow pages would have a list of all lawyers, based on their specialty. Therefore, exploring the bankruptcy section would immediately provide you a list of all bankruptcy lawyers practicing in your region.
You could also look online for the best bankruptcy lawyer. Explore the websites of the several lawyers working in your region to seek the one suitable for your specific needs.
The second step
The second step entails gathering some background information.
- Gathering background information
It would be important for you to gather adequate background information about the potential lawyers near you. It would help you determine the best lawyer competent to handle your bankruptcy case. You cannot be complacent with your bankruptcy lawyer. Therefore, consider being prudent in your choice of bankruptcy lawyer by running a background check about the work ethics and reputation of the lawyer.
Do not hire an experienced bankruptcy lawyer practicing in another state, as the rules and laws pertaining to bankruptcy would change from one state to another. Therefore, it would be in your best interest to look for a local bankruptcy lawyer.