Lead Counsel independently verifies Chapter 7 Bankruptcy attorneys in Del City by conferring with Oklahoma bar associations and conducting annual reviews to confirm that an attorney practices in their advertised practice areas and possesses a valid bar license for the appropriate jurisdictions.
A Chapter 7 personal bankruptcy filing is also known as liquidation bankruptcy. The “means test” determines if you qualify by looking at your income and debt. Although Chapter 7 bankruptcy discharges some of your debts, it doesn’t eliminate all debt. Contact a Del City attorney to determine if you are eligible for Chapter 7.
Prior to meeting with your chapter 7 personal bankruptcy attorney, get all your paperwork, assets, debts, loans, financial statements and other necessary documents in order. Once all the necessary paperwork has been gathered, meet with an a Del City bankruptcy attorney to guide and advise you as to what best suits your particular situation.
An attorney can often resolve your particular legal issue faster and better than trying to do it alone. A lawyer can help you navigate the legal system, while avoiding costly mistakes or procedural errors. You should seek out an attorney whose practice focuses on the area of law most relevant to your issue.
Bill by the hour: Many attorneys bill by the hour. How much an attorney bills you per hour will vary based on a number of factors. For instance, an attorney’s hourly fee may fluctuate based on whether that hour is spent representing you in court or doing research on your case. Attorneys in one practice area may bill you more than attorneys in a different practice area.
Contingent fee: Some lawyers will accept payment via contingent fee. In this arrangement, the lawyer receives a percentage of the total monetary recovery if you win your lawsuit. In sum, the lawyer only gets paid if you win. Contingent fee agreements are limited to specific practice areas in civil law.
Flat fee: For “routine” legal work where the attorney generally knows the amount of time and resources necessary to complete the task, he/she may be willing to bill you a flat fee for services performed.
Personal jurisdiction – Requirement that a particular court have authority over a person, in order to bind that person to the judgment of the court, based on minimum contacts. International Shoe Co v. Washington is a landmark Supreme Court case outlining the scope of a state court’s reach in personal jurisdiction.