How Much Should You Pay For Your Bankruptcy?

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Please don t hire a bankruptcy lawyer until you read this important briefing. How Much Should You Pay For Your Bankruptcy? You can pay too much for a bankruptcy, if the lawyer overcharges you. You can also pay too little. When you pay too little, you greatly increase your risk. In two ways: 1. Hiring an experienced lawyer is the only way you can be sure that bankruptcy is the rig ht decision for you. 2. Hiring a skilled, experienced lawyer is also the only way you can be sure that you discharge all your debts. Many consumers learn the hard way that the cheapest bankruptcy is often the most expensive. Plea se read this important information. Most people think all they have to do to file bankruptcy is fill out a stack of papers. In addition, they
assume that hiring a lawyer will make the process easier. But what many people don t realize is how
important it is to choose the right lawyer. The two most important steps in bankruptcy are the first two steps: Deciding whether to file bankruptcy
-- and compiling a complete list of your debts. Here s what you need to know: STEP #1: Decide whether you should file bankruptcy -- and, if so, decide which type of
bankruptcy is better for you. When consumers decide to file bankrupt cy, they often make the wrong choice. Bankruptcy is a complex legal process with many long-lasting consequences. You should never
decide to file bankruptcy until you first talk with a qualified, experienced bankruptcy lawyer. At that
time, you and your lawyer should go o ver your financial situation in detail. You sho uld discuss different
types of bankruptcy and alternatives to bankruptcy. Then, with the attorney s help, you sho uld carefully
weigh the pros and cons of each option before you make your decision. This is the step where the lawyer
invests the most time and really earns his fee. Making the wrong decision can be worse than making no
decision at all. Make sure you hire an experienced bankruptcy attorney who can point out the benefits
and risks you might encounter in each type o f bankruptcy. STEP #2: Compile a complete list of your debts. If you decide to file bankruptcy, your lawyer will prepare the documents to file with the court. As part of this process, your lawyer will compile a
complete list of the debts you wish to discharge. Naturally, your lawyer expects that you will provide
most of this information. But your lawyer should also check the court and public records to make sure
no one has other liens or judgments against you. Here s the catch: The amount of time your lawyer
spends researching your debts often depends on how much money you agree to pay the lawyer. If the
lawyer promises you a low fee, he probably won t spend a lot of time researching liens and judgments
against you. In fact, the lawyer may not do any research at all, relying instead only on what you tell him.
Make sure your lawyer conducts an in-depth investigation. The last thing you want is for the court to
discharge the debts listed in your documents, and then discover that someone else has a judgment against
you that you didn t know about. A competent lawyer who prepares your case properly will uncover this
judgment and make sure it s included in your bankruptcy. After you and your lawyer decide on the proper course of action -- and after your lawyer compiles a
complete list of your debts -- the remaining steps are fairly simple. They include filing your petition with
the court, giving notice to creditors, att ending the creditors meeting, and getting your formal discharge
from the court. You and your lawyer should invest most of your time in the first two steps. When you
make the right decision -- and prepare the documents correctly -- the rest of the process takes care of
itself. (Please continue...) Here s why consumers choose Jonathan Ginsberg to handle their bankruptcies -- and why we hope you will, too! When you ask Jonathan to handle your bankruptcy, you ll receive the benefit of Jonathan s 13 years of
bankruptcy experience. Plus you benefit from Jonathan s %

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