what questions should i ask my bankruptcy lawyer

10 Things To Ask A Bankruptcy Attorney 1. Should I be filing for bankruptcy? We know that whilst cases may appear similar, each person’s situation is unique,... 2. Are there any alternatives to bankruptcy? Depending on your situation, there might be another way. We’ll discuss the... 3. Is there ...

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What are good questions to ask an attorney?

Jun 19, 2019 · What Is Your Experience? There are many bankruptcy attorneys out there that are licensed today, but not all are created equal. It is important that you ask your prospective bankruptcy attorney how many years of experience they …

How to find a good bankruptcy lawyer?

Ten critical questions to ask your bankruptcy attorney before you hire him or her Bankruptcy Chapter 7 bankruptcy Chapter 7 bankruptcy means test Bankruptcy petition Bankruptcy court Bankruptcy trustee Bankruptcy documents Chapter 13 bankruptcy Debt Bankruptcy and debt Chapter 13 bankruptcy reorganization plan Foreclosure Social security

Why should you hire a bankruptcy lawyer?

Do I really need to hire a bankruptcy lawyer?

What questions should I ask about bankruptcy?

Here are five questions to ask yourself before you start the bankruptcy process.Chapter 7 or Chapter 13? There are two types of personal bankruptcy: Chapter 7 and Chapter 13. ... Can you afford it? ... Will it actually help? ... Can you qualify for bankruptcy? ... Will you be able to live with the effects for years to come?

What are some good questions to ask an attorney?

In Order to Move Forward With Any Lawyer, First Ask These Ten QuestionsHow Long Have You Practiced Law? ... What Types of Cases Do You Manage? ... Who's Your Typical Client? ... How Many Similar Cases Have You Taken On? ... What Kind of Special Training or Knowledge You Have Outside Your Law Degree? ... What Are Your Fees and Costs?More items...

Should you seek legal advice when filing for bankruptcy?

Individuals can file bankruptcy without an attorney, which is called filing pro se. However, seeking the advice of a qualified attorney is strongly recommended because bankruptcy has long-term financial and legal outcomes.

How do I prepare for an attorney interview?

If you are interviewing virtually, all of these tips apply.Do your research. Lawyers are known for being good researchers. ... Be presentable and dress your best. ... Come prepared to ask questions. ... Be personable and show enthusiasm. ... Be genuine. ... Promptly send a thank-you note.Oct 28, 2020

What are common behavioral interview questions?

What's a Behavioral Interview Question?Give us an example of a goal you failed to meet, and how you handled the situation.Tell us about a time when you solved a problem at your job that wasn't part of your job description.Tell us of a time when you took a risky decision and it didn't pay off.Sep 2, 2021

What should you not do before filing bankruptcy?

Here are common mistakes you should avoid before filing for bankruptcy.Lying about Your Assets. ... Not Consulting an Attorney. ... Giving Assets (Or Payments) To Family Members. ... Running Up Credit Card Debt. ... Taking on New Debt. ... Raiding The 401(k) ... Transferring Property to Family or Friends. ... Not Doing Your Research.

What are the do's and don'ts of bankruptcy?

Don't take any cash advances. Do not make any major cash advances off of credit cards prior to filing for bankruptcy. A creditor can object to the discharge of debts incurred as cash advances before filing.May 29, 2018

What will I lose if I file bankruptcy?

Filing Chapter 7 bankruptcy wipes out most types of debt, including credit card debt, medical bills, and personal loans. Your obligation to pay these types of unsecured debt is eliminated when the bankruptcy court grants you a bankruptcy discharge.Dec 12, 2021

Do I have any non-exempt assets?

Do I have any non-exempt assets?#N#Each state has created a list of assets considered to be protected or "exempt" from creditor attachment or seizure, and thus, from your trustee in bankruptcy.

If I have non-exempt assets, what options do I have?

If I have non-exempt assets, what options do I have?#N#Your attorney must advise you that these items are non-exempt and guide you through the five possible strategies for handling the non-exempt asset, such as making an offer to the Chapter 7 trustee or liquidating the asset under legally permissible conditions prior to filing.

Do I have any preferential payment issues?

Do I have any preferential payment issues?#N#A preferential payment is a payment to one creditor at the expense of or in absence of payments to other creditors.

Are any of my transfers in the past two years possible fraudulent transfers?

Are any of my transfers in the past two years possible fraudulent transfers?#N#You probably have tried to avoid bankruptcy and in doing so may have had some yard sales or sold assets to raise money to pay bills or even to get by.

Do I pass the means test? In other words, do I qualify for chapter 7?

Do I pass the means test? In other words, do I qualify for chapter 7?#N#Your attorney should review your income and review your paystubs at the Initial Consultation to determine whether you qualify for Chapter 7 bankruptcy. If your circumstances may change prior to filing, then timing could be an issue to be considered.

How many 707b objections have you handled? What were the circumstances and who prevailed?

How many 707b objections have you handled? What were the circumstances and who prevailed?#N#Most lawyers will encounter an objection to a Chapter 7 case over the course of representing clients in bankruptcy.

If a chapter 13 is recommended, what is the estimated monthly Plan payment?

If a chapter 13 is recommended, what is the estimated monthly Plan payment?#N#I am astounded that some attorneys fail to provide an estimated Chapter 13 payment at the Initial Consultation.