Liquidation is a process that is brought about by cases of financial mismanagement. Filing for liquidation is one way for a person to try and get his financial information back to the right track. For one to proceed with this option, it will be important to seek the help of a bankruptcy attorney Fort Lauderdale professional.
Working with an attorney brings with it a number of benefits. Proper interpretation of the law is one such benefit. A legal representative is better suited to interpret what the law says about any person planning on filing for liquidation. The laid down procedures must be followed to the latter.
Under the law, an individual can be able to protect a number of his personal assets provided that they meet certain laid down regulations. To understand such regulations, a client will need a lawyer by his side. To find the right attorney, one must be committed to executing his research well.
Like any research process, one should start by talking to people who are in this profession. A family lawyer for instance can help provide valuable information on how a person can go about identifying the right firm to work with. Any information provided should be recorded.
Legal review forums and sites dedicated to insolvency can all be very helpful. It is always advisable for one to identify a large pool of lawyer from which he can then select the ones that he would like to work with. Information on each professional or legal firm must also be readily available.
Short listing can then be done based on the reviews that each professional has received. All short listed firms should then be called. Calling the firms will be important to make sure that one schedules a meeting with the legal firm to seek guidance on how to proceed.
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.
A professional will evaluate the financial documents with the aim of establishing the type of insolvency that one should file for. Normally there are only two chapters; eleven and thirteen. Each chapter has different entry requirements and it requires a lawyer to provide the difference between this two. The client should note the recommendation that has been provided by each professional.
The hiring decision should be based on all the factors that have been observed since the research began. It should also factor in the information acquired during the closed door meeting with the legal representative. When making the hiring decision, a person will need to consider the availability of the counsel.
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.
Get in touch with a bankruptcy attorney Fort Lauderdale locals can trust by viewing our web pages at www.biggerodriguez.com today. To access our blog and learn more about our practice areas, check the links at http://www.biggerodriguez.com now.