How to contact the best bankruptcy attorney in Staten Island? Having too much debt can cause mental and physical stress. Getting the right bankruptcy attorney in Staten Island, can help you get out from under your debt and begin to recover. A good Staten Island bankruptcy attorney can analyze your financial situation to help determine if bankruptcy is the right solution for you. The Bankruptcy Attorney Staten Island process can be time consuming, and frustrating, but if you don’t do it right there may be no choice. If you or someone you know is thinking about filing for bankruptcy, here are some things that should be known before choosing a lawyer.
Types Of Bankruptcy
The first thing someone should know is that there are two types of bankruptcy, secured and unsecured. Secured bankruptcy proceedings take longer because the court requires that creditors receive some type of security. Creditors are able to continue making payments after a consumer has filed for bankruptcy. Unsecured bankruptcy proceedings are faster but have more risks involved. These include high interest rates and stricter limits on what creditors can request of their clients. It’s important to remember that even with a fresh start at repayment, the chance of losing assets and having excessive credit card debt still exists.
There are many different types of bankruptcy attorneys. People are usually looking for an attorney to handle their case. The goal is to have the greatest amount of savings and debt elimination possible. Therefore, finding the right attorney takes some research. Some of the most common questions individuals have regarding filing bankruptcy include. Many people get caught up in the moment when filing for chapter 7 bankruptcy and don’t think about the importance of finding an attorney with the right skill set.
What Skill Or Specialty Does A Particular Bankruptcy Attorney Have?
The best lawyers aren’t just lawyers that have a lot of experience in this area; they’re also lawyers that have a special area of expertise. An attorney may be a bankruptcy expert, but also an expert in debt relief. An attorney specializing in Chapter 7 bankruptcy should have knowledge about many areas of personal bankruptcy, including tax law, real estate law, probate law, and family law.
How Can You Find The Best Bankruptcy Lawyers in Staten Island?
The best way is to ask your local bar association and ask them for a referral directory. These directories will help you narrow down the field and will give you the names of lawyers that specialize in debt relief.
Once you narrow down the field, you can call each attorney on the list to find out more information. Find out what kind of experience each attorney has having cases similar to yours. For instance, if you have a large amount of credit card debt, your Staten Island bankruptcy lawyers may have some good suggestions for debt settlement. If your credit card companies aren’t willing to negotiate, an attorney who specializes in this area may be able to get your interest rates lowered or the penalty fees eliminated. This is one of the benefits of hiring a Staten Island lawyer with experience in this type of law.
One final note about hiring a lawyer with experience: Even though your state may have different laws regarding the filing of a chapter 7 bankruptcy, at the very least most lawyers in Staten Island will be familiar with the general principles that govern this process. Your lawyer will also know the applicable regulations under which your chapter 7 goes into effect. So it doesn’t hurt to double-check with your Staten Island bankruptcy lawyers to make sure that they are on the same page as you. That way, you can rest assured that your case will move forward in the most efficient manner possible. In the final analysis, hiring a lawyer with experience in the Staten Island area can give you a fresh start in the bankruptcy process.