What Information Will My Lawyer Need From Me?
People have a misconception that lawyers are magicians
. That they can read minds and consult the crystal ball in order to win a particular case. Sadly, they are not magicians and they do not have crystal balls to go to. What they have are their vast knowledge on the laws, experience in court and the information coming from their client. Honest information, that is.
This holds true most especially in bankruptcy cases. The lawyer does not know the nitty-gritty of his client's finances and expenditures until such time all documents pertaining to such a situation is provided to him. He is only as good as what the information provided to him. If the client provides everything and is honest to his bankruptcy attorney, then legal representation will run a smooth course. So if you are facing bankruptcy today, you need to know the reality that your bankruptcy attorney will only be effective if you provide to him all the necessary information needed.
Before you consult your bankruptcy situation to your attorney, make sure you organize first all documents pertaining to the case, which would include:
-List of all the loans, debts and creditors. If you have more than one credit card, then consolidate all these in one document. This will enable your bankruptcy attorney to know the amount you owe that needs to be considered.
-List of all your assets, like a car, house or other properties. In a bankruptcy case, the creditors have the right to assess the value of the debtor's assets to know which of these could qualify as a form of payment to the said debt.
Once you provide all the documents pertaining with your finances to your bankruptcy attorney will make the process a lot easier for you. Your bankruptcy attorney can easily make the right legal advice considering that you have laid out everything he needs to know about your situation. Going through bankruptcy is not solely based on your attorney's efficiency in his field but also goes well with how good you are in providing the needed documents to make the procedure convenient for everyone.
by: Alan koif
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