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QUESTION 4. You must know what documents and information are required to file your claim. Your lawyer should give you with a packet that details all the documentation she/he will need to file your case properly. The sooner you gather all of the documents needed the quicker your case will be filed, and your creditors will stop harassing you day and night.

It’s time for you to fill out a power of attorney form to indicate that you are giving that person the power to make decisions on your behalf, should it happen that you can no longer do so for yourself. You should also consider financial district.attorneys near.me. To whom will you give the right to hold your finances?

The Will takes over at your death where the Durable Power of Attorney leaves off and should be the same person. In this case, he/she is called the executor. This should be the same person as your trustee and attorney-in-fact. The executor is the one who signs your final tax returns and handles financial aspects that are outside of your trust, if you have one.

Ask your lawyer what are the benefits to filing for bankruptcy. What is the difference between filing for a Chapter 11, Chapter 7 or a Chapter 13? What does the attorney need from you to get started? How long will the process take? What should you expect? Who will go to court with you? All of these questions need to be answered before you proceed forth. Thus, find an attorney who is able to supply information addressing these issues. If your potential attorney is unable to answer then he/she is not the one for you.

This is a trick question. If the attorney you meet with guarantees a result, he or she is lying and most likely committing an ethical violation. The answer you want to hear is that the attorney can’t guarantee a result, but will work tirelessly to reach the goals you set together.

If your loan modification provider advises that you not contact your lender, non-profit counselor, or any other professional, raise the red flag. They are keeping you guarded from sound advice and counsel.