Archive for February 7, 2013
As of September 2012, more than 5.2 million Americans had been unemployed for six months or longer, according to the Bureau of Labor Statistics.
While no one wants to think about having to file bankruptcy, sometimes it is something that cannot be avoided. Cumulative personal bankruptcy filings in the State of California in 2011 totaled 234,443, and Chapter 13 filings accounted for 26 percent of all filings for bankruptcy in California in 2011.
The most common reasons people decide to pursue bankruptcy proceedings are debt incurred because of unexpected medical bills, accidents, divorce, and long term unemployment.If you are thinking of filing bankruptcy or chapter 7 Los Angeles cases, there are a few steps you can take to help you select a bankruptcy attorney.
When selecting bankruptcy attorney Los Angeles practices, first begin by word of mouth. Most banks as well as friends and colleagues will be willing to give you recommendations, whether they have worked with bankruptcy attorney orange county candidates or not. Narrow down these suggestions to a orange county bankruptcy attorney who has experience with similar cases.
Discuss with bankruptcy attorney los angeles candidates how many similar cases they have worked on. The truth is, it is possible to rebuild your credit score after a declaration of bankruptcy if you are properly informed and utilize the right legal representation.
The right bankruptcy attorney los angeles california lawyer will keep you informed of key information such as this before filing bankruptcy. While the process can certainly be emotional, try to make decisions based on what is best for you and your financial decision rather than your emotions.