There is nothing as important as your family. If you are having some problems which might cause themdiscomfort, then you need to take care of it as soon as possible. Money problems can lead to quarrels between spouses and discord between family members. If you are unable to clear your debts, you might even end up losing your home, car, or other possessions to creditors. If you do not want this to happen, you need to take control of your life and seek professional assistance. In these troubling times, you need the help of bankruptcy attorneys in Fairbanks, Alaska.
Research is the key to finding good bankruptcy law firms in Fairbanks, Alaska
Though several bankruptcy lawyers are working in Fairbanks, Alaska it might be difficult to choose one who would represent you in your case. Thus, you need to find someone who comes recommended. This recommendation could come from a family member, friend, business associate, or neighbor who has had the misfortune of facing bankruptcy in the past. Alternately, you could also consult any previous lawyer you had hired for a bankruptcy lawyer. The US Bar Association list can also turn up the names of several lawyers along with their area of specialization and zip codes. Irrespective of the source, you need to check out these law firms for their experience and results on the internet. The client reviews and testimonials can come handy in this.
What are the different personal bankruptcy chapters?
Personal bankruptcy chapters in which individuals can file for are:
- Chapter 7 – In this case,the liquidation of your non-exempt property takes place. However, you do not have to pay anything else and your debts are discharged
- Chapter 13 – A repayment plan is developed based on your disposable income by your lawyer for the approval of Fairbanks, Alaska bankruptcy court.
You can get to know more about these chapters during the discovery meeting with lawyers.
Find the cost of a bankruptcy filing in Fairbanks, Alaska
Since there is no fixed cost for filing bankruptcy, you need to get as many quotes as possible from the shortlisted lawyers to know which of them you can afford. The fees that lawyers charge depends on their experience and results, the chapter of bankruptcy you are filing for, whether your case involves repossession or foreclosure, the court,city, and state you are filing in. Apart from the lawyer’s fee, you also need to pay for court andcounseling charges. Approximately $2000 should be set aside for a chapter 13 bankruptcy case.
Make the best use of your discovery meeting
Now that you have shortlisted lawyers based on experience, excellent results, and affordability, you should meet them in person to select the one who would represent you. You need to find out who will be handling your case in the law firm. You need to find out whether the paralegals are up to speed on personal bankruptcy laws, the difference between chapter 7 and chapter 13, as well as your case. You should also know what your rights are and what you should be entitled for.
You should ask the lawyer whether they have time to dedicate to your case. They should be available for consultation on the phone if the need arises. Get to know details about important bankruptcy processes, like the timeline for filing papers, etc. If you feel comfortable with them and can trust them and discuss your issues with them freely, you can go ahead and sign the contract.
Call (888-297-6203) to hire experienced bankruptcy lawyers of Los Angeles law firm.