Find A Personal Bankruptcy Attorney That Works Well With You

Having crippling debt and the stress that goes along with it is not fun. That’s why so many people are choosing bankruptcy to eliminate their debt. When filing for bankruptcy there are many costs that are involved. A bankruptcy attorney will be the largest portion that you have to spend to file. When hiring a bankruptcy attorney, consult with a few of them so you have an idea of the dynamics of the law office and if it will work for you. Make sure to get the estimated costs and fees in writing and ask questions what the additional costs that you might incur would be. Usually, filing Chapter 7 bankruptcy in most cases it is just a flat fee because they’re pretty straightforward. If you think you might need to file a Chapter 13 the costs will be a lot higher. In a Chapter 13 bankruptcy the attorney has to negotiate with the bankruptcy trustee and creditors to work out a 3 to 5 year payment plan. Most attorneys allow their legal fees to be included in the reorganization plan to be paid over time. Other costs that a bankruptcy filer needs to consider is the filing fee that is paid to the court and the pre-bankruptcy credit counseling course and the post financial management course. These courses usually run between $30-$50 and can be taken easily online.

When deciding on which bankruptcy attorney to hire, educate yourself on the filing process so you can ask appropriate questions. Usually, attorneys will want a retainer fee to get started on your personal bankruptcy petition. When filing Chapter 7 bankruptcy, attorneys will want to be paid in full before filing the petition with the court. The attorney fees for a Chapter 7 are usually nominal as most cases are usually completed quickly and easily. With a Chapter 13 bankruptcy the fees can be double of what you might pay for Chapter 7 because of the time spent and the complexity. Whatever the chapter of personal bankruptcy you’re filing, always ask for a list of charges upfront so there is no surprises halfway through your case.

Most people in the process of filing personal bankruptcy don’t have very much money set aside to hire a bankruptcy attorney, but if you consider the amount of debt you’re walking from the fee you have to pay seems more reasonable. Attorney prices vary from state to state and even office to office, that’s why it’s important if you’re on a strict budget to check around and get the best legal counsel for the amount you can afford. There was a spike in fees after the law changed in 2005. Most attorneys raised their fees due to the added amount of work and time it takes to complete a petition. There a lot of legal professionals out there today advertising extremely low prices and people need to beware and check references to make sure the attorney you hire is not a personal injury attorney that’s just jumping on the bankruptcy bandwagon.

Every state in the US has their own exemptions under the bankruptcy law and some districts even control the amount on what a personal bankruptcy attorney or paralegal can charge for preparing the document. With a Chapter 13, the trustee is more likely to scrutinize what an attorney is charging the debtor. Recently, there have been cases were the trustee has thought that the bankruptcy attorney or the document preparer has charged too much and will ask for the money to be returned to the debtor. Some states are more strict than others, so it really depends on where the debtor lives. When filing for bankruptcy check the local court website or even call the court and ask if there’s any restrictions on the amount a bankruptcy attorney or preparer can charge. This will give you a good idea of what you’re going to have to pay.

Simple Tips for Determining If Commercial Litigation Assistance Is Necessary for Your Business

Searching out commercial litigation assistance is an intimidating process, but if you follow these tips, you will be able to find the appropriate lawyer for your unique legal situation.

Understand What A Commercial Lawyer Can Do For Your Unique Business

Law firms can help businesses with a whole suite of cases ranging from landlord-tenant litigation to change of ownership to employment and consulting agreements. If you are unsure of how to proceed with a confusing legal matter, schedule an appointment with your lawyer. It is always best to consult with an attorney before proceeding with legal action because each case is unique and needs attention from an expert. Many legal firms offer a free 30-minute consultation where you will learn all your options.

Law Firms Will Assist You In Choosing What Type Of Business To Form

Attorneys have the ability to aid you in choosing your business formation when you are a new company, store, or restaurant. For example, there are multiple businesses to file as: corporations, LLPs, LLCs, sole proprietorships, joint ventures, and partnerships. Law firms will walk you through the meaning of each type and assist in choosing which category fits your business description. It is imperative to understand that each type has a different rule when it comes to distribution of profits, documentation, and asset protection.

What To Do If Your Business Has Been Sued

First of all, do not take action on your own or answer any legal questions about the suit. You lawyer will assist you in contacting your insurance in regards to the claim. It is imperative to contact a commercial attorney who will research your options and consider the facts and situation. They will create a defense, assess liability, and decide to settle or move forward with the litigation. Remember you do not have to take on a lawsuit alone.

How To Prepare For Your First Meeting With Your Attorney

It is important that your commercial litigation specialist understands your situation from all angles. Most legal firms prefer to have all documents and records associated with your case to become intimately familiar with the history of your case and business. Said documents might include: formation documents, a business plan, organizational charts, meeting minutes and records, contracts, a vendor list, tax records and the current year’s tax return, and financial statements including balance sheets and income statements.

If the above information is a lot to digest, or you are convinced your business is in need of an attorney, simply contact your local commercial litigation specialist and schedule a free consultation. Law firms are eager to assist and are widely experienced in a myriad of legal matters, so even your unique case has likely been encountered before. Remember you do not have to tackle these legal issues alone.

What to Look For in a Bankruptcy Attorney and How to Find One

Nobody wants to think about bankruptcy, but in these economic times, it may be a necessity for many. Although it may be painful to have to file for bankruptcy, but choosing the wrong attorney can make it even worse. The following are some tips on what to look and what to avoid when choosing a bankruptcy attorney.

Stay Away from Storefront Operations

If bankruptcy is imminent, then time is of the essence. Avoid the fly by night operations that advertise bankruptcy services at ridiculously low prices. Not only are these places likely to mishandle a bankruptcy, but added fees and services will make it much more costly than originally advertised. Look for a legitimate attorney that has years of experience in the field. It will be more expensive, but the bankruptcy will be properly filed and handled, which will save money, not to mention headaches in the long run.

Licensing

As with choosing a doctor, a good bankruptcy attorney should be licensed by the state bar. If they are not, then they are not authorized to practice law in that state. The state bar can provide licensing information, as well as any disciplinary action regarding an attorney.

Check with Agencies

There are agencies and organizations that have either worked with bankruptcy attorneys, or have knowledge of their experience. The American Bankruptcy Institute is a good place to start. The ABI is an organization the even Congress taps for their expertise. They may have information, or even members that are available for bankruptcy proceedings. Members of the ABI have had to meet additional standards beyond what the average bankruptcy attorney has met.

Legal Aid

Local legal aid organizations may be able to assist in finding a good attorney as well. In all likelihood they have worked with bankruptcy attorneys in the past and may be able to recommend someone suitable for a particular case.

Visit Different Attorneys

Many attorneys offer free or low-cost initial consultations. This is an opportunity to talk to the prospective attorney and assess if they are the right one for the job. Have a list of questions ready to ask the prospective attorney. Here are a few standard questions for any bankruptcy attorney. These certainly are not the only questions a bankruptcy attorney should be asked, they are a good starting point.

1. How many bankruptcies do you handle in a year? Will you have ample time for my case?
2. Will I be working with the attorney or an office paralegal most of the time? How much access will I have?
3. What is the process exactly?
4. How long will the process take?

Most attorneys will be happy to answer these questions. Those that will not, or give evasive answers are most likely too busy or inexperienced, and another attorney should be interviewed.

Bankruptcy is an unpleasant experience, but a good attorney can help mitigate some of the pain. Remember, many bankruptcies are little more than a restructuring, so it is not necessarily the end of the world. A poor attorney can make it seem that way though. Do the research, find a good attorney, and stay on top of the proceedings. Even the best attorneys can miss something, such as leaving out a particular creditor, so stay involved and request updates frequently. Working interactively with a good attorney will make the process go as smoothly as possible.

The Work of a Commercial Lawyer

Commercial lawyers are legal professionals who specialize in helping small and large businesses. They are your most useful resource if you ever need assistance regarding legal-related matters. You can always consult with them if you have issues pertaining to properties, taxes, zoning compliance, intellectual properties, and a host of other subjects. On top of that, they are capable of defending you in case you encounter lawsuits from an employee, a business partner, or even your competition.

Competent commercial attorneys are highly knowledgeable on the laws required to protect your best interest and to help you achieve your business goals. To illustrate further, here are some examples of what commercial lawyers do and how they can be a big benefit for your business.

Help you deal with contracts.

As a business owner, you will encounter many different kinds of contracts ranging from those you sign with employees and suppliers, to contracts with partners and customers. Your contracts have to be fair for everyone involved and so you may need the advice of a commercial lawyer. In the same way, you may want to have a lawyer examine the fine details of various contracts being offered to you before affixing your signature.

Organize your business better.

For big businesses, having the right organization is crucial towards achieving long-term success. A commercial lawyer can give expert insights regarding which kind of organization will be most effective for your company’s set-up. Some of the options you can consider are corporation and limited liability company. Your attorney will help you see the pros and cons of each alternative. On top of that, all the necessary documents will be prepared to make sure that the business can run without any legal repercussions.

Acquire properties with greater ease.

Thinking of expanding by acquiring an existing business or property? The process will be so much simpler if you ask for the assistance of your lawyer. The paperwork will never be a headache for you anymore and you will get the chance to look at different angles of the deal. You will be able to avoid falling victim to any potential loopholes once a good lawyer is working side-by-side with you.

Try looking up your local phonebook to see a list of commercial lawyers in your area. Additionally, you can also use the internet to browse information straight from the official law firm websites as well as law-related blogs and sites.

Different Kinds of Lawyers for Business

Most of the time when people think about lawyers they imagine the lawyers that are seen on television arguing back and forth in order to either prosecute or free a criminal who has created some type of heinous crime. However, criminal lawyers are not the only lawyers that are available. There are lawyers who specialize in just about every industry available. There are civil lawyers, entertainment lawyers and even dui lawyers. If you are ever in trouble and need the services of a lawyer, make sure that you get one who is skilled and trained in the area in which you need advice. For example, it really is not wise to get a general lawyer if you are trying to get a patent or a license. The following are just a few of the lawyers that practice within the business world.

Employment lawyers are required when you are having severe difficulties on the job. This is usually when a person is being harassed because of their sexual orientation, race, gender or disability. Unfortunately, these things happen. When they do, advise management that you are being harassed by fellow co-workers. When it is someone from management that is treating you unfairly, then take this matter to the Human Resource department within your company. Most companies will have policies that say that employees should never be discriminated against, no matter the reason. However, depending on the corporate environment, many companies do not enforce these policies. As a result employees are bullied or harassed, which makes the working environment hostile. However, get a lawyer if your working environment becomes hostile. He can help to get the situation taken care of.

Commercial lawyers are a necessity for any business that wants to remain profitable. A commercial lawyer can ensure that your business is running in an efficient manner. He will also make sure that your assets are property secured. He can also ensure that things such as vendor contracts are in order. Basically, any time that a company enters into a legally binding agreement, it should seek the services of an attorney.

Trademark lawyers handle all matters that deal with trademarks. It is their responsibility to counsel the client about their particular trademark. He should do the proper research and determine if your trademark is safe once you submit an application.

Corporate lawyers are there to handle all legal issues for one corporation. Depending on the size of the business, a corporation can have a whole legal team working within the company or just one person handling all legal matters. Usually anything that has to do with contracts, mergers, acquisitions or product liability will be handled by corporate lawyers.

All in all, there are many different types of lawyers that fill various needs. Although criminal lawyers are more prevalent that other types of legal professionals, this does not mean that they are not the only ones found. There are so many different areas of life in which people need legal advice. There is no way that one lawyer could every business questions that ever comes up. This is why legal professionals choose to become experts and specialize in certain areas of business. This is a good thing for business all around.