Bankruptcy Attorney: Questions to Ask

Everyone has questions for their bankruptcy attorney. From the very beginning you want to know what to do, how much it is going to cost and whether or not you are making the right decision. Each of these questions is valid and should be brought to his or her attention. Be sure that when you leave the office you feel confident in the answers that you have received.

Is this the right option?

When it comes to bankruptcies, there are different options for different circumstances. Remember that before your bankruptcy attorney can answer this question he or she will need some personal and financial information. While some of these may be difficult to speak to a stranger about, remember that your answers are necessary so that you can receive your own answers. From the beginning you need to know which of the options you qualify for. You can find out whether or not it is worth proceeding.

How much is this going to cost?

Having already found yourself in a difficult financial predicament you may be hesitant to commit to one more expense. However it will be necessary to offer some type of payment in order to retain the services of a bankruptcy attorney. While many offer a free initial consultation, all other assistance and work will cost. Find out if a certain flat fee is required or whether or not you will pay based on the work that needs to be done.

Now what happens?

Once you have a bankruptcy attorney and you have deciding on a solution to pursue you may not know what comes next. Your lawyer will be taking care of some things, but it is important that you find out if there is anything specific required of you. In some cases you may need to get together all of your documentation. This includes all of the debt that you owe as well as proof of the income or lack of income for your household. You may also need to provide checking or savings account statements.

Before going any further, ask your bankruptcy attorney what you need to. He or she can provide you with specific information that can be helpful to getting your case going. If there is nothing that needs to be done, take a break and relax. It is possible that you have legal assistance that someone else will be handling all of the heavy lifting. At this point just enjoy the fact that you are not responsible for any actions.

What does the outcome mean?

Once the case is decided you will probably have even more questions. You will want to know if you have a payment plan set up. You will want to find out if some of the debt was completely dissolved. Spend some time with your lawyer learning about what happened and what it means for your financial future.