Filing for liquidation is an emotive process that must be approached with a clear mind. A clear mind will allow a person to think about what he plans to do with his life and how he can get himself from the mess that he is currently in. To ensure that one is able to submit the application successfully, a person should consult a bankruptcy attorney Fort Lauderdale.
The benefits that come with hiring a professional representative are very many. For instance, one no longer needs to worry about filing court documents as there is a person to do this for him. A lawyer will also be in a position to explain the various aspects of insolvency laws.
Hiring a knowledgeable lawyer may also help an individual protect certain assets. Under the law, there are properties that cannot be repossessed by creditors as they are fully protected. This is information that can only be made available by a legal counsel. The hiring process must therefore be very thorough.
Searching for a legal representative is similar to embarking on research for a serious project. A person will be required to talk to various sources and at the same time take notes on any information he may find to be helpful. All details must then be stored for review at a later date.
Recording information makes it easier to review it later on. During this time, one will have talked to various sources and identified different pieces of information. This is the information that will be reviewed when coming up with a list of professionals to contact for screening purposes.
Once the short listing exercise is complete, a client should remain with about five or six professionals. From the six, he will have to call their offices and try to schedule a meeting with the professional and his team. One should however ensure that he works with lawyers who will not ask for a retainer during the first meeting.
When going for the meeting, an individual is expected to bring with him a number of things. A recorder and copies of his financial transactions are all things that an individual should carry with him. One can also carry a notebook instead of a recorder for purposes of taking notes.
During the meeting, one should ask as many insolvency related questions as he can. He can also try and establish the amount of time that the professional has been in operation and the number of cases that he has been able to handle. At the end of a meeting, a legal representative will have provided a recommendation based on the two liquidation chapters that are in existence.
Hiring decisions can only be made after reviewing all the available documents. A client will need to look at experience, communication ability and the level of confidence displayed by the professional. This is part of the information that he will use when making his decision on who to choose for representation.
When hiring a bankruptcy attorney fort Lauderdale professionals should be asked to disclose the amount of money that they will be charging as fees. Selection should also be guided by the amount of money being charged. One should only work with a professional who is affordable and within his financial reach.
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