Chapter 7 bankruptcy is also known as liquidation bankruptcy. This is the most common type of bankruptcy filed in the United States. In Chapter 7, the court appoints a trustee who collects all of the debtor’s non-exempt assets and sells them off to repay creditors. Most people filing for Chapter 7 bankruptcy do not have non-exempt assets, so their creditors receive nothing.
What to look for in a chapter 7 bankruptcy lawyer in Atlanta
Lawyers handling Chapter 7 bankruptcies for many years will be more familiar with the process and the possible outcomes. They will also give you a better idea of what to expect. They will have a network of other attorneys and professionals who can help you through the process.
When looking for a lawyer, you want to find someone with a good reputation. You can ask around to see if anyone has had experience with the lawyer. You can also look online to see if there are any lawyer reviews.
3)Find a lawyer who specializes in bankruptcy
There are many different types of lawyers, but you want to find one specializing in bankruptcy. This lawyer will be more familiar with the laws and the process. They will also be able to give you better advice on what to do.
One of the best ways to find a good lawyer is to get referrals. If someone you know has filed for bankruptcy, they may have a lawyer they can recommend. You can also ask your family and friends if they know anyone who has filed for bankruptcy.
5)Interview the lawyers
Once you have a few names of potential lawyers, you will want to interview them. This is an important step in finding the right lawyer for you. You will want to ask them about their experience, success rate, and fees. You will also want to ask them about their payment plans.
6)Find a personal connection
When looking for a lawyer, you want to find someone you can connect with at a personal level. This is important because you will be sharing a lot of personal information with this person. You want to make sure you feel comfortable with them.
7)Check the credentials
When looking for a lawyer, you want to ensure they are qualified to help you. You can check their credentials by looking at their website or asking them for references.
8)Ensure the lawyer has a license
It is important to ensure the lawyer you are working with has a license. This will ensure they are qualified to practice law in your state. You can check the lawyer’s website or ask them for their license number.
9)Make sure you understand the agreement
Before hiring a lawyer, you will want to ensure you understand the agreement. This includes the fees, the payment plan, and what services the lawyer will provide. You should also make sure you understand the bankruptcy process.
A chapter 7 bankruptcy lawyer Atlanta can help you through filing for bankruptcy. They can help you understand the laws and the process. They can also help you make sure you are making the best decisions for your financial future.