Posts for Law Category

Why You Should Delay You Bankruptcy Filing Process

Law - Lesly Noor - November 5, 2021

If you are thinking of filing bankruptcy, keep in mind that the timing of your bankruptcy case can make a huge difference on the overall outcome. Introducing a little delay to your bankruptcy filing process might help you discharge more debt, keep more assets and so on.

The best thing you can do prior to filing bankruptcy is hiring a good bankruptcy lawyer and getting consultation from them. They will point out the best time to file bankruptcy for you.

Here are some reasons why you might consider delaying your bankruptcy filing process.

You’ve Just Changed Your State

Depending on the state you currently live in, most of your assets would be considered exempt from liquidation when you file For chapter 7 bankruptcy. So, if you have just moved to a state with more favorable exemptions, you should wait for some time before filing bankruptcy. This will help you benefit from the exemptions provided by your new state.

On the other hand, if you just found out that your previous state had more favorable exemptions, you should fine as soon as possible to get the exemptions available in your previous state. You can click here for more information.

You’ve Starteda Job That Pays Low

When you file for bankruptcy, your average income for the last six months is considered when calculating the repayment plan. So, if you have just started a job that pays lower as compared to your previous job, you should wait for at least 6 to 7 months to bring your average monthly income down.

On the other hand, if you have just started a job that pays more, you could file bankruptcy as soon as possible to avoid an increase in your average monthly income.

These were some reasons to delay or accelerate your bankruptcy filing process.

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Why You Should Hire a Lawyer

Law - Lesly Noor - April 18, 2021

attorneys for personal injury in Atlanta

Hiring a Lawyer is not necessary in every case. For example, you do not need a lawyer to defend you when you are fighting for small claims, and speeding tickets. But there are countless other legal matters in which hiring a lawyer is very important for your safety and well-being. Going without a lawyer in big legal cases is a great risk which you should always avoid.

Since you do not have proper legal knowledge, you should always hire a lawyer to help you in tricky legal situations. Here are some reasons to why you should hire Lawyer in different situations. You can read more about The Angell Law Firm here.

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You Don’t Understand Law Fully

If you are not a qualified lawyer, you should never Avoid and Hiring a Lawyer in legal cases. Even if you are a lawyer yourself, you should still hire another experienced lawyer to defend you in your case. That is because the lawyer you hire will provide you with a neutral view when defending you in the court. You can also hire a lawyer who specializes in the area of your legal needs.

Without the help of a trained and experienced the lawyer, you can quickly lose even a strong case. That is why you should always hire a lawyer to help you in legal matters.

It Might Actually Save You Money

In many cases, you are actually at the risk of getting financial penalties or prison sentence. So, a lot is at stake in these cases, and you should always make sure that you are fully defended by hiring an experienced lawyer for the job.While the lawyer will definitely charge you his fees, you might actually be saving more money by avoiding financial penalties and possible jail time by hiring them. This is why you should hire a lawyer to defend you.

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