Filing for bankruptcy is the hardest part. So, you can say, in case of bankruptcy, it is the first step that is the hardest. Once you hire a bankruptcy lawyer, you need not worry about it. He or she will help you fill all the forms correctly and completely. It is important to double check to make sure everything is correct and nothing is omitted. Now, what’s next? Three things happen immediately after you file for bankruptcy. 1. You get a case number Soon after you file the petition, you receive your case number. If you filed the case in 2019, usually, the first two digits are 19, followed by your case number. For example, 19-28979. Case number is important. You will need to provide this number for future documents associated with your case. 2. You get court-appointed trustee Shortly after you file for bankruptcy, the court appoints a trustee for your case. He or she will oversee your case. You are now in the hands of this trustee, who will keep a track of all your financial moves. So, beware if you are hiding some property or planning to transfer it to somebody’s name discreetly! This is a wrong legal move and can complicate your case. Your local bankruptcy lawyer in Maryland will already warn you against such moves. Your trustee will send you important mails related to your case. Make sure you don’t miss any of the mail. You may have to submit documents like pay stubs, tax returns, and bank statements to them. It is important to provide all the requested documents to your trustee for proper discharge of debts. 3. You get creditor protection As soon as you file for bankruptcy, you immediately come under the protection of law. Your creditors cannot call you, sue you, or take any kind of action against you to collect payments. What a relief! In case a creditor contacts you, simply give them your case number. They won’t call you again. In case of wage garnishment, the court notifies the creditor about your bankruptcy declaration and asks them to suspend garnishing your wages. Also, you are free from the ‘headache’ of dealing with creditors. Your lawyer will now handle all creditor negotiations. He or she will also make sure you get your case number, your trustee, and creditor protection immediately after filing for bankruptcy. This is only the beginning. With the best local bankruptcy lawyer in Maryland by your side, you can take each legal step with care and precision and, ultimately, get your case successfully discharged.
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Filing for bankruptcy is the hardest part. So, you can say, in case of bankruptcy, it is the first step that is the hardest. Once you hire a bankruptcy lawyer, you need not worry about it. He or she will help you fill all the forms correctly and completely. It is important to double check to make sure everything is correct and nothing is omitted. Now, what’s next? Three things happen immediately after you file for bankruptcy. 1. You get a case number Soon after you file the petition, you receive your case number. If you filed the case in 2019, usually, the first two digits are 19, followed by your case number. For example, 19-28979. Case number is important. You will need to provide this number for future documents associated with your case. 2. You get court-appointed trustee Shortly after you file for bankruptcy, the court appoints a trustee for your case. He or she will oversee your case. You are now in the hands of this trustee, who will keep a track of all your financial moves. So, beware if you are hiding some property or planning to transfer it to somebody’s name discreetly! This is a wrong legal move and can complicate your case. Your local bankruptcy lawyer in Maryland will already warn you against such moves. Your trustee will send you important mails related to your case. Make sure you don’t miss any of the mail. You may have to submit documents like pay stubs, tax returns, and bank statements to them. It is important to provide all the requested documents to your trustee for proper discharge of debts. 3. You get creditor protection As soon as you file for bankruptcy, you immediately come under the protection of law. Your creditors cannot call you, sue you, or take any kind of action against you to collect payments. What a relief! In case a creditor contacts you, simply give them your case number. They won’t call you again. In case of wage garnishment, the court notifies the creditor about your bankruptcy declaration and asks them to suspend garnishing your wages. Also, you are free from the ‘headache’ of dealing with creditors. Your lawyer will now handle all creditor negotiations. He or she will also make sure you get your case number, your trustee, and creditor protection immediately after filing for bankruptcy. This is only the beginning. With the best local bankruptcy lawyer in Maryland by your side, you can take each legal step with care and precision and, ultimately, get your case successfully discharged. For any businessperson, having an attorney is like having a family physician. Whenever you have a bout of flu you rush to your doctor. Likewise you call your legal attorney if your business is facing legal issues. For example your supplier has committed a fraud or defaulted in payments or one of your customers has sued you because of allegedly substandard product or bad service. But there are other situations as well, where legal help may be needed. Such as: • When launching a new business or company • Dissolving a company • Hiring staff – especially at the higher levels. Legal issues can permeate any aspect of a business. Attorneys have always helped businesspersons stay out of trouble in many circumstances. Your business can be such that you may always need an attorney. An experienced business attorney in Maryland can help in navigating you through sensitive legal matters. The issues can be varied to include: • If you want to make specific allocations of profits and losses in your partnership agreement • You are planning to establish your manufacturing unit at a location where major environmental issues may crop up. • A group of employees are planning to sue you for gender discrimination Without a business lawyer, any slip-up in these matters can cost you dear – in terms of money and reputation. Keep in mind that if you are looking for a business attorney, Maryland has several. But finding the right one can be a tricky issue. After all you need a business lawyer experienced in the domain you work in and a person you can be comfortable with. A good lawyer will help you with providing legal information, strategic advices and by applying exceptional legal skills to sort out problems you may face. So what is the best way to proceed? Yes, resources in the internet are a good help. But the resource should provide you with inclusive information about the attorney firm. If it does not then personal referrals is a good bet. Your contacts in a business similar as yours can provide you with good leads. Yet, you still will have to do your own homework to find the right lawyer. Narrow down your choices after consulting your contacts, going through online services, business referrals and lawyer directories. You can speak with them personally. Good chances are, they will be more than willing to get in touch with you. Whichever ways you decide make sure you hire a person you vibe with. He or she must be responsive and willing to work as a team. |
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