Bankruptcy Lawyer in Auckland
How to Choose a Bankruptcy Lawyer in Auckland
Before you hire a bankruptcy lawyer in Auckland, determine if you really need one. If your bankruptcy is fairly simple, there is a chance that you are able to file your bankruptcy case yourself. This option costs a lot less than hiring a bankruptcy lawyer.
Many people think that filing bankruptcy is very complicated so, they assume that they need to hire a lawyer to petition the courts for bankruptcy. However, this is not always the case and you should first determine how complicated your case really is.
If all of your debts are unsecured, such as personal loans, hire purchase, or credit cards, and you have no assets like a home, car, or savings account, and you have not recently accumulated any debt that may be considered fraudulent, such as purchasing a big ticket item using a credit card a month or so before filing bankruptcy, then you probably do not need to hire a bankruptcy lawyer.
Another thing to consider is whether or not your case requires a lot of attention in order to be properly handled. Many law firms concentrate on filing only basic bankruptcy cases. This means that your actual lawyer will spend little, if any, time preparing for your bankruptcy case. In these situations, you could handle the case yourself as the NZ Insolvency and Trustee Service has very helpful staff who can take you through the process.
However, if your case is more complicated you need a bankruptcy lawyer who can advise you what steps you need to take.
To find a good one you can either ask for a referral; many people know someone who has filed for bankruptcy in the past. Alternatively, you can search online for a bankruptcy lawyer in Auckland such as McVeagh Fleming and Co. They have specialist lawyers who can explain to you the process in front of you and the long-term effects you will face. They might also be help to mitigate the extent of the fall-out you can expect.
Make no mistake; while filing for bankruptcy can remove the short-term pressure of debts, it is a long-term decision with far-reaching repercussions so take expert advice first.