10 Signs You Need File For Bankruptcy

Tell the truth. I cannot emphasize how very important it is for you to tell your attorney the strengths AND the weaknesses of your case. So often, cli

Tell the truth. I cannot emphasize how very important it is for you to tell your attorney the strengths AND the weaknesses of your case. So often, clients withhold a bad fact for fear that it will harm their case. Your credibility will be completely destroyed if opposing counsel learns about the damaging fact and uses it against you. If your attorney is made aware of the bad fact early on in the case, she can look for ways to diminish the negative impact on your case or turn a negative into a positive.

FAILURE TO STAY IN TOUCH. If you move or change employment or telephone numbers, your lawyer may not be able to reach you to communicate about your case. It is important to keep your lawyer abreast of changes in your circumstances, employment and residence contact information.



Lawyers are not protected under the FDCPA. They can be, and as a practical matter the one suing you probably is, a debt collector. However, if the lawyer is representing an original creditor and acting in its name, he will be treated as an original creditor. If you are being sued by a debt collector, chances are good that the lawyer is also a debt collector, you can pretty much count on it. He can be sued for things he does wrong.

If you are earning enough to cover your bills, don't file for bankruptcy chapters. Filing forlawyers by mecan really damage your credit in the long run, by staying on your report for up to ten years.

This is an easy one. Simply meet with the attorney. You are going to have to do this anyway if the attorney is willing to take on your case. Meeting not only helps the attorney learn important facts about your case, but it also gives you a chance to see whether or not you feel comfortable when talking with the attorney. You will have to communicate with this person on a pretty regular basis. Do you feel confident this is someone you can fully trust to handle your case? Does the attorney appear to show sincere interest in your case? You must be able to answer both of the questions squarely before deciding if the attorney is a good fit.

If you're considering bankruptcy your credit may have already taken a pretty big hit; however, you can recover from anything in time. If you get your finances in order and under control you can restore your credit score. The moment you file for bankruptcy your credit score will plummet 200-250 points and the black mark will remain upon your report for 7-10 years, affecting every future transaction. It is much wiser to avoid bankruptcy and attempt to restore your current credit score.

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