Pages

Thursday, 1 October 2015

Factors To Consider When Choosing A Bankruptcy Lawyer

By Celeste Murray


If you have decided to file for insolvency, you need to find a lawyer to can represent you with a passion and not just one who is after your money. Remember that the caliber of attorney you hire will dictate in big part how easy or successful your insolvency application will be. A solicitor who is not familiar with bankruptcy law will not only make the process more cumbersome but will also put your assets at risk. This is one reason why you need to be very careful when making this life changing decision. By continuing to read this article, you will be informed of factors you need to consider when looking for a good bankruptcy lawyer in Salinas CA.

The best approach to finding a good attorney still remains word of mouth. In fact, no amount of advertisement can be compared to a referral from a trusted friend. As such, if you see a solicitor who is putting big billboards in every corner of the town, you really need to be careful with him/her. Good lawyers do not always have to advertise themselves in order to get business. Most of their clients usually come through referrals from satisfied clients.

If you want to increase your chances of success in the case, you should also look for a solicitor who specializes in bankruptcy or one who dedicates much of his/her time to it. Even when you were to choose a doctor, you will not go to a gynecologist for help if you have a fractured bone. The same principle should also be applied in the case of solicitors.

Hand in hand with area of specialization is the experience. You need to locate a solicitor who has a lot of experience in insolvency. When considering experience, you should not just dwell on the number of years one has been in this practice. You also have to factor in the number of similar cases he/she has successfully handled in the recent past. An ideal bankruptcy attorney would be one with at least ten years of active practice under his/her belt.

Legal fee is another important factor that you cannot afford to ignore. If you want the best deals, you should always compare quotes from different attorneys before making a choice. However, just like when buying any product, you should remember that you will only get whatever you have paid for. Because of this, extremely low fees are usually not the best.

Before you settle on any attorney, he/she should show you a copy of his/her license of operation. Most lawyers usually do not any problem with this. However, if a solicitor is opposed to the idea of showing you his/her license, this could be a sign that he does not even have one or that he is using one that has expired.

For smooth working relationship with your attorney, you also need a written contract. The contract should clearly state everything that you deem useful. But before you append your signature on any such contract, you should ensure that you have carefully gone through it and understood its contents. In other word, you should not sign a document whose contents you are oblivious to.

As can be seen above, finding a good insolvency attorney is not something you will be able to achieve within a day. You need ample time to go through all the possible options. This is why starting the search early is always mandatory.




About the Author:



No comments:

Post a Comment