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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.
California Bankruptcy News
Reno's Silver Legacy casino in bankruptcy protection
With a big push from Northern California's Indian casinos, one of Reno's largest casinos has fallen into Chapter 11 bankruptcy protection.
Read more...Greenberg Traurig Expansion Continues in California with the Addition of Bankruptcy and Restructuring Attorney Howard ...
LOS ANGELES, May 23, 2012 /PRNewswire/ -- Howard Steinberg has joined the international law firm Greenberg Traurig, LLP in the Los Angeles office as a shareholder in the Business Reorganization & Financial ...
Read more...Reno's Silver Legacy files for Chapter 11; Indian casinos a factor
The Silver Legacy was supposed to rejuvenate Reno's ailing casino market. Instead, it became one of the biggest victims to date of the Northern California Indian gaming. The mammoth 17-year-old casino filed for Chapter 11 bankruptcy reorganization last week after a deal to restructure its $142.8 million in debts fell apart.
Read more...Paulson-Led Group to Sell Hotels to End Their Bankruptcy
A group led by Paulson & Co. plans to sell the Arizona Biltmore resort and the Claremont Hotel Club & Spa in Berkeley, California, as part of an effort to bring the properties and two other hotels out of bankruptcy.
Read more...Record number of California school districts in financial trouble
Record number of school districts in financial trouble
Read more...Stockton Creditors Extend Talks to Avert Bankruptcy
Stockton, the California city on the brink of bankruptcy, and creditors agreed to extend talks aimed at restructuring its municipal debt for an extra 30 days.
Read more...As We See It: New state report shows 188 school districts in financial trouble
It's one thing for a California city to declare, or consider, bankruptcy. Vallejo had to do it, and now Stockton, facing declining revenues and unsustainable pension costs, is facing a similar fate.
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