Are you considering closing your business because you simply can’t pay your creditors? You should contact an experienced bankruptcy lawyer to guide you through the procedure. While it’s totally acceptable to file for bankruptcy on your own, it’s not usually the best idea for any business owner. A bankruptcy lawyer can provide protection from any harassment lenders may choose to give, plus his legal insight and advice is invaluable as you fill out complex paperwork, endure this complicated procedure, and encourage you during this discouraging time in your business’ life.
Expert Guidance – A bankruptcy lawyer focuses on this legal aspect as his career, so he will definitely be well versed in the current laws surrounding this last resort action. From deciding if this choice is the best option for you to follow to representing you before the judge, your attorney will be able to walk you through each step of the way.
Credible Representation – Your creditors may not be willing to listen to your pleas for grace and request for more time to pay, but they will definitely see that you’re serious about negotiations if your attorney speaks with them. And even if no agreement can be reached through negotiation, your creditors will be more likely to contact you through your attorney instead of harassing you personally at your home or place of business.
Lower-Stress Procedure – Being unable to pay your creditors is never a comfortable situation. It can be downright depressing causing you sleepless nights and nerve-wracking days as you see your dream slipping from your fingers. Not to mention the fact that you now have a complex legal situation to work through all on your own! But, if you’ve hired a bankruptcy lawyer, you’ll have the guidance you need to give you confidence and peace of mind through the entire process.
Finding a Reliable Attorney
Ask for Referrals – If your family or friends have used a bankruptcy lawyer in the past, ask for his or her information. Also be sure to ask about their experience. If they were incredibly pleased with how their attorney handled the situation, go ahead and set up an appointment.
Locating an Attorney Online – You can also find an attorney by using online resources. Find reviews written by recent clients. Once again, if they’re positive about their experience, go ahead and set up an initial appointment.
Interview Several Lawyers – Don’t worry about making appointments with several different attorneys in your area. You should make sure that you’ll feel comfortable with the one you ultimately choose. Be sure that he specializes in bankruptcy law. Ask about his previous experience as well as his education. You can also ask about the successful bankruptcy cases he’s worked on in the past. Maybe you’d even like to talk to some of his previous clients and get their view on his work during the cases.
In the end, it’s no problem to go with the bankruptcy lawyer that you feel most comfortable working with. Personality, experience, and previous records will all play into how you feel about choosing one attorney over another, so don’t hesitate to go with the one you feel will give you the most confidence throughout the legal procedure.