Although it may often appear so, not all Bankruptcy attorneys are the same. Some attorneys build high volume practices whose primary objective is to sign up as many cases as possible and then spend little time on each case. These firms don't have enough time to send their attorneys to represent you on your case.
They will hire outside lawyers to make the required appearances for them. This is especially true when the firm is based outside of the area. Once you sign up with one of these firms, you often have minimal access to your attorney and you have a very tough time getting your money back. Another problem to be aware of are the lawyer referral services will sell your case inquiry as a lead to one of the record number of new bankruptcy lawyers.
They will hire outside lawyers to make the required appearances for them. This is especially true when the firm is based outside of the area. Once you sign up with one of these firms, you often have minimal access to your attorney and you have a very tough time getting your money back. Another problem to be aware of are the lawyer referral services will sell your case inquiry as a lead to one of the record number of new bankruptcy lawyers.
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After receiving a BA at UC Berkeley and graduating from Pepperdine Law School, Mr. Riddle started his career in Washington DC working as a legislative assistance for a US Congressional Representative. Later in his career, he advised clients on corporate mergers and acquisitions and then later acted as legal counsel for a real estate development firm.
In a Chapter 7 bankruptcy a debtor surrenders their nonexempt assets to the bankruptcy trustee who then liquidates such property to repay the debtor's unsecured creditors. For most individuals who are in financial distress the types of property they hold, such as household goods, retirement funds or older vehicles can be exempted and therefore protected from liquidation by the bankruptcy trustee.
Q: Why should I spend money and hire an attorney to file for bankruptcy? A: Most self-filed bankruptcy cases fail and no debt is discharged. Bankruptcy is a complex legal process with many requirements and deadlines the average person is unlikely to be aware of. It will be worth the peace of mind knowing that a group of people who understand this process are working for you?
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