Saturday, July 10, 2010

Services Offered by a Bankruptcy Attorney

Are you in need of a good bankruptcy attorney in Linden? If you are, then you don't have to worry too much as Linden offers a number of great options. A competent bankruptcy attorney can handle all the legal formalities and requirements when filing a bankruptcy application. Most of these attorneys also ensure that their clientele is not harassed by creditors or other parties. Besides this, an ideal bankruptcy attorney can offer a number of other benefits.
Free Initial Consultation
One of the best signs of a good attorney is free initial consultation. During this stage, the attorney helps the client understand the situation and also provides them with different options to handle the situation. There are many things that clients need to know about filing for bankruptcy in the right way and a certified attorney can help with this.
Explain Processes
Another benefit of hiring a good bankruptcy attorney is that they can explain the whole process to their clients. For instance, they should tell clients about certain debts that can and can't be excluded. A suitable attorney can also explain the kind of effect bankruptcy can have on a person's credit score and employment processes.
Alternatives to Filing
There are many people who rush into filing bankruptcy out of fear and lack of knowledge. However, bankruptcy is not necessarily the best way to deal with difficult financial situations in many cases. In such situations, a bankruptcy attorney can provide their clients with alternatives. For example, they may suggest debt settlement programs that can help solve the financial problem without affecting the credit score.
It is not difficult to find a bankruptcy attorney in Linden who offers all these benefits. When looking for a suitable attorney, many tend to look for those who offer very low rates. This may seem appealing, but remember your future depends on this case, so rather than cost look for qualifications and experience when choosing an attorney.

Friday, July 9, 2010

Bankruptcy Attorney - The Benefits of Hiring a Bankruptcy Attorney

Even people with the best intentions can allow their finances to get out of control and keeping their heads above water becomes impossible. Whether you are in financial distress as an individual or as a business owner, hiring a bankruptcy attorney to handle your filing is very beneficial.
Invaluable experience- Chapter 7, 11 and 13- which one do you qualify for? With a free consultation, your attorney goes over your financial documents and advises you on the best plan of attack. He may even tell you that your situation is not so dire that you need to file. This saves you the hassle and the emotional toll of going through the process. His experience is especially important because the guidelines can change from year to year and he has to stay abreast of new laws and regulations. He also knows how the Court works and can navigate the legalities and pomp and circumstance of filing. Having someone with knowledge and experience on your side can mean the difference between losing your home or business and keeping it.
Works for you- When you have to deal with the court, they are impartial but the creditors often try to get their two-cents in that will benefit them. Your bankruptcy attorney is firmly on your side and is there to make sure you get the full benefits of the Chapter guidelines. If you have a question, he is a phone call away and during your meetings, you feel like you are his only client.
Reduce errors- There is a lot of paperwork to fill out and submit to the court. Any mistakes can delay the process. Hiring an experienced lawyer who makes sure that every "t" is crossed and every "I" is dotted helps facilitate your path to a healthier financial future. There are also specific timelines that must be adhered to and he keeps you on track so you have all the forms in on time.
An understanding ear- No, your bankruptcy attorney is not a therapist, but he does have a unique understanding of what you are going through because of his experience with clients just like you. This is helpful when your friends and family have a hard time understanding or are less than supportive about your situation.
Financial hardship can creep up on like the tide coming in. Eventually, you are drowning in debt and looking for a lifeline to pull you out. No one likes to admit defeat especially because of the stigma attached to filing for bankruptcy, but when things are so out of control, it is often the only option. Hiring a bankruptcy attorney is the best way to protect yourself when you are feeling so vulnerable.

Thursday, July 1, 2010

Bankruptcy Attorney - How to Become OneBankruptcy Attorney - How to Become One

If you are interested in becoming a quality bankruptcy attorney, it's a good idea to know where you're headed and how to get there. The law industry is competitive, with hard work, long hours, and a variety of benefits to those who prove themselves. While there are certainly a variety of avenues worth considering in the field, most every law career starts out the same way. In this article, we will provide a general outline of what to expect when pursuing your law career.
Step 1 - To begin, students must register with the LSAT (Law School Admissions Council) and obtain a passing score on the LSAT exam as the first step to becoming a bankruptcy attorney. The score earned, alongside a personal essay and undergraduate transcripts, is a huge factor used to determine whether or not applications will be granted acceptance into law school. Make sure to study hard and knock it out of the park.
Step 2 - Once you've passed your LSAT, the next logical step is applying for law school. Next to making the decision to become an attorney, the most important step pertains to the law school you choose to attend. Regardless of national rank, those who are aware of the specialty in which they are interested in pursuing should seek out applications at institutions who offer specific programs in that particular field. As such, do a little research into the schools that offer students specialized bankruptcy law education courses. Ideally, your school of choice will be located in the area where you hope to begin practicing, post graduation.
Step 3 - Earn your J.D. with a high emphasis on bankruptcy law. For most every student, the first year of schooling will revolve around law fundamentals. Once a student has a firm grasp of the basics; civil procedure, constitutional law, and various other aspects, there are then allowed to pursue the electives being offered in their specific are of study. More often than not, law school will take three years to complete. Additionally, every state in the U.S. requires a law school degree before allowing entrance to the state bar. Take the opportunity to learn and study as much as possible. You still have the bar exam to look forward to.
Step 4 - Apply for, and take the bar exam. Once a student has successfully graduated from law school, they are required to pass the bar exam in addition to applying for state bar acceptance prior to practicing. The exam is quite lengthy, and generally runs between two and three days, covering various aspect of law and procedure. Graduates of top rated schools typically have a pass rate of around 80% for students taking the exam for the first time. Don't get discouraged if you don't make it through round 1. Dust yourself off, and head back to the study to prepare for the second run through.
Step 5 - Find yourself a job as a bankruptcy attorney. Many attorneys begin their career in a firm, before heading into private practice down the road. This allows new lawyers the opportunity to get their feet wet in the field, while providing real world experience to learn from.