Affording a Bankruptcy Lawyer in Minnesota
It is a great irony that when you need to file for bankruptcy, the first advice you get is to hire a lawyer. If you have a need for bankruptcy, it is likely because you have racked up so much debt that you are floundering financially in the water. Yet, hiring a lawyer in any regard is going to be an expense, but you really can’t file without one. What can be done?
Walker & Walker specializes in helping people who are living paycheck to paycheck get high quality representation without paying lots of money upfront. We offer No $ Down filing where our clients pay only the court’s filing fee, and we are also very skillful at identifying moments where debt collectors and credit agencies may have to pay money to our clients. We can use these settlements to file the bankruptcy with little or no money out of pocket from our clients.
Using Your Free Consultation
If a bankruptcy lawyer charges you in order to meet with you over your case, they are not the lawyer for you. Walker & Walker, like most reputable bankruptcy lawyers, offers free consultation not only to go over the facts of the case, but so you can learn how you can afford a lawyer before you officially hire one. A good bankruptcy lawyer will always be ready to go over a number of options on how you will pay for their legal representation in your case without causing you any more financial strain.
When it comes to paying for their services, Andrew C. Walker recommends a few options.
Making Creditors Pay For It
There is a reason that you don’t get hounded by creditors too badly anymore these days. It is because there are a series of privacy laws that protect you from it. This means that if you are looking to file bankruptcy because one or more of your creditors just will not leave you alone with harassing contact, you can actually press to make them pay for your bankruptcy case. Essentially, they will pay for your lawyer and all associated fees in the case because they were breaking the law. You get your bankruptcy paid for and your creditors will leave you alone, there is no downside.
Cut the Debt Payments
If you are going to file for bankruptcy, the easiest way to afford the filing fees and some of the attorney fees is just to stop paying your debt before you even file. It is important that you consult with your lawyer before stopping your debt payment however. If you cannot afford the lawyer fees, they will advise you on what debt you can stop paying right away to free up your finances.
It is important to remember that some debt will need to be paid. If you have secured loans, such as a mortgage or an auto loan, in which non-payment will result in losing the physical collateral, this will need to be paid. However, unsecured debt, like your credit cards, can be stopped right away to give you the money you need to file bankruptcy.
Payment Plans For After Bankruptcy
Bankruptcy lawyers know that people filing bankruptcy need help because they are drowning financially. As such, they are willing to work out payment plans with their customers for after the bankruptcy is through. In some cases, they may require a co-signer in order to make sure the payments are made, but they will always be small and manageable payments over time.
As people often come out from bankruptcy with more because their debt is wiped out and they can keep quite a bit of their assets, this means you will be able to pay your lawyer fees easier after the fact.
Need Help? Contact Walker & Walker Today.
Are you heading towards bankruptcy, but have no idea how you will pay to file, let alone for a lawyer to represent you? We can help with that. Contact us today for a free consultation so the professionals at Walker & Walker can help you get started with your bankruptcy case and work out a way so that you can pay for it all.