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A Bankruptcy Lawyer Restores Faith in the Legal System
from: Deb St. George - HomelessInKingCounty.comA bankruptcy lawyer can restore your faith in the legal system, because he or she can prove that the laws are there to help you in your hour of need. Sometimes it is easy to view the legal system as too bogged down with backlogged cases making it inaccessible to the average citizen. But the bankruptcy court is there to legally assist the honest person with debt that has become such a burden that it is virtually non-payable. For this situation, only the law can help.
When you need to hire a bankruptcy attorney, you should look for certain qualities. One of the most important qualities is experience. The bankruptcy attorney is a specialist just like the divorce lawyer or the criminal lawyer. The bankruptcy laws are complicated and only an attorney with experience is going to be familiar with the actual implementation and interpretation of the law. This can be crucial when it comes time to negotiate with the court trustee or the federal judge.
A bankruptcy lawyer should also have experience with all of the chapters as defined by law. When you consult with the attorney initially, you will have to complete a number of forms which detail your financial status. The attorney must interpret the information in relationship to the law and decide the best chapter filing for your particular situation. The only way this can be accomplished efficiently and accurately is if the attorney understands the complex legal definitions and requirements of all the personal and business chapter bankruptcies.
Of course, you also want an attorney who works efficiently and follows through. Everyone has heard of attorneys who take their time filing court papers and are bad at staying in touch with their clients. Filing bankruptcy is stressful enough without having an attorney in which you have little confidence. Instead, you want an attorney who is prompt with court filings and in whom you are able to confide. Admitting you have lost control of your debt can be a very difficult situation, and you need an attorney who understands the emotional side of bankruptcy.
A professional bankruptcy attorney is able to review your situation from many angles. In some cases, you may not need to file bankruptcy. Instead you might be able to actually avoid bankruptcy by lowering your debt and increasing your income in various ways. A good attorney will review all options with you and not just assume you have to file bankruptcy.
A bankruptcy attorney is a legal advisor, listener, confidante and advisor all rolled into one person. You want to hire an attorney with a good reputation. This may sound like a lot to ask of a single lawyer, but you want assurance that your bankruptcy will solve the major financial issues in your life. The only way to get this assurance is by retaining an experienced attorney specializing in bankruptcies.
Bankruptcy Petition News
CPA joins motion to dismiss Fund's bankruptcy petition
The Commonwealth Ports Authority yesterday joined the CNMI government's motion to dismiss the NMI Retirement Fund's Chapter 11 bankruptcy petition.
Read more...IASIS loan part of MPH plan
A bankruptcy petition filed here Thursday in behalf of Hope Medical Park Hospital, LLC, was the basis for a hearing Friday before U. S. Bankruptcy Judge James G. Mixon in which IASIS Finance, Inc., an affiliate of Wadley Regional Medical Center, proposed to lend Medical Park Hospital, in receivership, up to $1.26 million, with the understanding that IASIS/Wadley intends to buy Medical Park ...
Read more...CNMI govt joins move to dismiss Fund's bankruptcy petition
The CNMI government has filed a motion to dismiss the NMI Retirement Fund's Chapter 11 bankruptcy petition.
Read more...Govt to fight bankruptcy petition
The central government is planning to fight the bankruptcy petition filed by the NMI Retirement Fund in federal court, according to Fund lawyer Braddock Huesman yesterday.
Read more...Federal Bankruptcy Court Dismisses Petition Against VitaminSpice, Inc.
WAYNE, Pa., April 25, 2012 /PRNewswire/ -- VitaminSpice, Inc. (VTMS.PK) announces that the Federal Bankruptcy Court for the Eastern District of Pennsylvania has dismissed the involuntary bankruptcy ...
Read more...US Trustee opposes hiring of Huesman as Fund special counsel
The U.S. Trustee for the District of the CNMI is opposing the NMI Retirement Fund's request to retain Braddock J. Huesman's law firm as the Fund's special counsel in its Chapter 11 bankruptcy petition.
Read more...Senate, retirees group CRA want Fund's bankruptcy filing junked
The Senate and the Commonwealth Retirees Association separately supported yesterday a move to withdraw the NMI Retirement Fund's Chapter 11 bankruptcy petition, echoing the U.S. Trustee and other retirees' request for the U.S. District Court for the NMI Bankruptcy Division to dismiss it.
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