For a Bankruptcy Attorney Chapter 13 Orange is Just Another Case

It is a sad indication of the times that we live in that there are so many new cases of bankruptcy and chapter 13 Orange, and in other places. For a bankruptcy attorney chapter 13 Orange is just another case but it will change the lives of the client to a great extent. An individual filing for bankruptcy generally must decide whether to file for protection under Chapter 7, 11 or 13, depending upon the circumstances. Once a petition is filed, an estate is opened and a Trustee is appointed to oversee the administration of the case.

Chapter 13 Orange, or elsewhere, is a type of reorganization, commonly referred to as a "wage earners" plan. This chapter is primarily filed by someone whose house is in foreclosure, has substantial non-exempt assets or income is above the median average. As with Chapter 11, a plan of reorganization is proposed to the creditors for payments from three to five years in length. A portion of your wages are garnished through your employer and paid to a Chapter 13 Trustee who administers the plan and pays your creditors.

Bankruptcy lawyers often are the beneficiaries of a tough economy, but their clients, many of whom know little about the process and have scant time to research it, are usually at a loss when it comes to seeking the help of an expert. With creditors closing in and desperation mounting, many people foolishly select a bankruptcy attorney based on price, an advertisement or, worst of all, no criteria at all. But selecting the right person to handle your bankruptcy can mean the difference between an eventual rebound and long-term pain.

It's a simple and sad fact that the fee will be a key element for most people when it comes to hiring a bankruptcy attorney. After all, money is at the root of this particular problem. But with prices ranging from $1,000 to $3,000 depending on what part of the country you live in, it's important to make sure you're getting exactly what you need. In a bankruptcy chapter 13 Orange, or wherever, case the fee should also include preparation of the reorganization plan and representation at the confirmation hearing. it's important to make sure these services are all clearly spelled out in the representation agreement.

If an attorney is offering representation that is drastically lower than other attorneys in the area that should be a red flag that either the attorney really doesn't do much bankruptcy and/or will cut corners on your case. However, most reputable attorneys will not give fees out over the phone without a complete consultation, so be wary of attorneys who just give a number over the phone without considering your specific situation."

When it comes to bankruptcy laws chapter 13 Orange, and other places, you will probably struggle to understand all the details and things could easily go wrong. This is why it is advisable to obtain the help of an attorney who is an expert in his or her field.