64 Questions to Ask a Bankruptcy Lawyer

Maybe you’re considering filing for bankruptcy, but feel overwhelmed by the process. You are not alone. One way to better understand bankruptcy and find out if it’s the right choice for you is to consult with a bankruptcy lawyer. But before you schedule an appointment, it’s helpful to have an idea of what questions you want to ask.

When you meet with a potential bankruptcy lawyer, it’s important to ask questions so you can make an informed decision about whether or not to proceed with the bankruptcy process. Here are some questions you should ask before making your final decision.

64 Questions you should ask your bankruptcy lawyer before filing:

  1. How long have you been practicing law?
  2. How long have you specialized in bankruptcy law?
  3. Do you have experience with my type of bankruptcy?
  4. What are the risks associated with filing for bankruptcy?
  5. What are some alternatives to bankruptcy?
  6. How will a bankruptcy petition affect my credit score?
  7. How long do bankruptcies stay on my credit report?
  8. Will I lose the property if I file for bankruptcy?
  9. Can I file for bankruptcy even if I’m behind on my taxes?
  10. What types of debts can be discharged in bankruptcy proceedings?
  11. Do I need to go to court if I file for bankruptcy?
  12. How much does it cost to file for bankruptcy?
  13. Do I need to hire a lawyer to file for bankruptcy?
  14. Can I represent myself in court if I file for bankruptcy?
  15. If I have co-signers on my loans, will they be affected by my decision to file for bankruptcy protection?
  16. When do creditors stop calling me if I file for bankruptcy?
  17. How long does the entire process take from start to finish?
  18. Can I file more than one petition, if necessary?
  19. What happens after my case is discharged?
  20. Do you focus primarily on bankruptcies or do you handle other areas of law?
  21. What’s the best way to reach you if I have questions or need to reach you outside of our meeting times?
  22. How much experience do your paralegals or assistants have in handling bankruptcies?
  23. Are you licensed in more than one state?
  24. What are your fees and how do you structure payment?
  25. Are there any potential conflicts of interest between my case and any of your other clients?
  26. What were the most difficult aspects of previous cases that were similar to mine?
  27. Do you have any recommendations for people in my situation who are trying to avoid bankruptcy?
  28. What are some common mistakes people make when filing for bankruptcy?
  29. Can I keep my house, car, and other possessions if I file for bankruptcy?
  30. What alternatives to bankruptcy should I consider?
  31. How long does an average bankruptcy case take from start to finish?
  32. Can I file for bankruptcy jointly with my spouse/partner/child?
  33. If I’m self-employed, how will a bankruptcy filing affect my business?
  34. Can I include other debts besides my credit card debt in my bankruptcy petition?
  35. Do I need to appear in court when I file for bankruptcy?
  36. What are the pros and cons of each type of bankruptcy?
  37. Which type of bankruptcy is right for me?
  38. How will bankruptcy affect my ability to get a loan in the future?
  39. How do I know if I qualify for bankruptcy?
  40. What assets can I keep if I file for bankruptcy?
  41. What happens if I don’t follow through with my repayment plan?
  42. Who will be notified if I file for bankruptcy?
  43. Can I include student loans in my bankruptcy filing?
  44. Can I include taxes in my bankruptcy filing?
  45. Can I include child support or alimony payments in my bankruptcy filing?
  46. What’s the impact of a bankruptcy filing on co-signers?
  47. How often can I file a bankruptcy petition?
  48. Do I qualify for Chapter 7 bankruptcy?
  49. How much will it cost to hire you as my attorney?
  50. Can I keep any of my property if I file for Chapter 7 bankruptcy?
  51. What are the pros and cons of filing for Chapter 7 vs. Chapter 13 bankruptcies?
  52. What’s a repayment plan?
  53. What happens if I cannot make my monthly payments under a Chapter 13 repayment plan?
  54. Can creditors object to my discharge in bankruptcy court?
  55. What debts cannot be discharged in bankruptcy court?
  56. Will I lose my job if I file for bankruptcy protection?
  57. What are the consequences of filing for bankruptcy?
  58. Can creditors sue me if I’m bankrupt?
  59. What should I do if I’m being harassed by creditors?
  60. Where can I find more information about bankruptcy and creditors’ rights?
  61. What are the chances that I will be able to get a loan after I file for bankruptcy?
  62. How can I rebuild my credit score after bankruptcy?
  63. How will my income be affected if I file for bankruptcy?
  64. Do you have any other suggestions or advice?

Frequently Asked Questions

Why are there laws that allow people to file for bankruptcy?

One reason that there are laws that allow people to file for bankruptcy is that sometimes people get into a situation where they can no longer pay their debts. This can be for a variety of reasons, such as losing their job or getting sick. Bankruptcy can provide relief for people who are in financial distress and make a fresh start. It can also help creditors get some of their money back.

What assets can be seized in bankruptcy?

When a business files for bankruptcy, the court may order the seizure of certain assets to repay creditors. These assets may include inventory, real estate, or vehicles. The court may also order the sale of these assets to generate funds to repay creditors. In some cases, the court may order that the assets be liquidated, meaning they will be sold outright.

What are the benefits of filing for bankruptcy?

There are many benefits to filing for bankruptcy. First, bankruptcy can help you get a fresh start by wiping out your debts. This way, you can reorganize your finances and get back on your feet.

Also, bankruptcy proceedings can help you protect your assets from creditors. This can be important if you have valuable assets you want to keep. Finally, bankruptcy can help you avoid foreclosure or repossession. This can be helpful if you are struggling to make your mortgage or car payments.

What are the disadvantages of filing for bankruptcy?

There are several disadvantages to filing for bankruptcy.

It can be very costly. You’ll probably have to pay legal fees and court costs.

It can damage your credit score for years. It can make it difficult to borrow money or rent an apartment.

It can be embarrassing. For many people, bankruptcy is a sign of financial failure.

It can be difficult to rebuild your credit score after bankruptcy.

Conclusion

If you’re thinking about filing for bankruptcy, these are just a few of the many questions you need to answer before making a decision. Consulting with a qualified local attorney is the best way to get accurate information about bankruptcy law and procedures in your area, and to get honest advice about whether or not filing for bankruptcy is the right choice for you under your particular circumstances.

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