What Is the Best Advice If Your Credit Is Bad?

Many people find themselves in debt and more often than not, it is purely because they have fallen on hard times, not because they “have a problem with money”. I recently read about one woman who was left with the expenses of raising children with no help from their father who had left. She also had her mother and brother living with her, who were both unemployed and had to financially support them as well. She barely had enough money for food and basic essentials, so over the years, had accumulated debt through numerous ‘credit card increased limit offers’ and deals which she had been drawn into.

She was afraid. She didn’t have money to pay lawyers or debt counselors for their advice. She was afraid to answer the phone for fear of so many people she owed money to and even wondered whether she might be put in jail because of her debts.

Sound familiar?

Well the good news is, that there is no such thing as a “debtors prison”. It would not be in the interests of society to throw people into prison for misfortune. These are matters for the civil courts (if it comes to that) rather than criminal jurisdiction. This doesn’t mean that you won’t receive a court judgement against you and that a sheriff won’t come knocking one day, wanting to claim whatever he/she can of your possessions to offset the debt. But there are ways to avoid this also.

If your credit history is bad and you’re financially strapped, here is some advice that may help.

Firstly, compile a list of all bills and expenses you have. If you have credit card debt, summarize the balance, minimum payment amount and interest charges.

Now break your expenditure list into essential and non-essential payments. “Essential” means survival needs like food, electricity and rent or mortgage as the case may be.

Prioritise the “essential” things to be paid first. Anything left over can be distributed among the non-essential items. If a debt collector tries to harass you, don’t even think about using your survival money to satisfy them. The law is on your side here. If debt collectors become hostile or harass you, they are in violation of the law.

From now on, only spend money on essential things. If you have other people you’re taking care of beside children, they should be asked to contribute something towards living expenses. Or if not, perhaps they have a skill they can use to help save money (e.g. do repairs, mend clothes, run errands)? They may even be able to develop a hobby into a small money making venture, to supplement the family income.

Debt problems can be very stressful and if unresolved, make life a living hell. But you can take control by working out a plan and educating yourself about how the law works to protect your rights. Knowledge is power!

The Best Advice For You When Getting A Personal Injury Lawyer

Imagine if randomly while you were minding your own business, you get hit on the head by a rock that came from the construction site you walked passed. This incident where you have been a victim is called personal injury which is due to the negligence of another person, a company or government entity or faulty products.

A better deal will be arrived at if you get a personal injury lawyer Defendants are known to not be giving when it comes to compensation. A lawyer can help you get compensation for expenses like medical and rehabilitation expenses, lost income, emotional or psychological distress, inability to perform or enjoy certain activities, as well as for damaged property among others.

With personal injury cases, they can be looked at in different ways. Getting compensation will need for you to learn a couple of factors. These include the type of accident, the nature of the injury sustained, and the effects of the injury to your work or everyday living.

To make thins easier it is best to just seek the advice of a personal injury lawyer. Apart from the legal representation they provide, they can also build up a stronger case complete with documentations. These lawyers are also able to see the right resolutions that will warrant more gains for you.

It is always good advice to check the lawyers who you will potentially work with. Sometimes lawyer have specializations like medical malpractice, product defects, work related injuries. You have to know what cases your lawyers is most experienced in.

The necessary education, certification and licenses are all required so that personal injury lawyers can practice. You will gain nothing if you deal with flybynight practitioners so beware. Aside from these, here are other questions that you should ask an attorney before hiring him/her

Have you ever handled a similar case like mine and how did it end? How long will this case last until it is fixed? Is there much compensation I can get?

What are the requirements to making this case strong? Will you allow me to pay you in a conditional fee scheme? How much will you tax me?

Will I incur other expenses? What is your rate per session? What if we do not agree with each other will I still be follow?

Moreover, remember that when working with personal injury lawyers, it is important to put everything on print. It is important that you are able to keep track of everything so as not to have problems with your lawyers in the future. Relationships between personal injury lawyers and their clients should be treated as a partnership, and thus, should be sealed by utmost trust and confidence.

Responsibilities of a Bankruptcy Lawyer

Many organizations will only consider filing for bankruptcy as a last resort. They will struggle very hard to pay their creditors. Yet, sometimes bankruptcy is inevitable because of the stringent economic times being experienced. Recessions have resulted in the declaration of bankruptcy by many and this has led to an increase in the demand for bankruptcy lawyer services. Bankruptcy is defined as being unable to offset your debts. It is fully recognized by the law and some countries even have bankruptcy laws put in place to regulate the way debtors and creditors relate when a debtor has filed for bankruptcy.

Bankruptcy will give the debtor the option of clearing his or her debt fully or partially. This will also depend on the financial state of the debtor. The creditor, however, can choose to file a bankruptcy petition seeking the debtor to pay part of the debt or the entire amount. Once this happens, the debtor will need the services of a bankruptcy lawyer. Understanding the complexities involved in bankruptcy law might be difficult for a layman and this is precisely why the service of a professional lawyer who has specialized in bankruptcy is required. There are certain responsibilities and duties that the bankruptcy lawyer will perform once you have found the right one to represent you.

Professional responsibility: Every lawyer has a special responsibility to his or her client, regardless of who the client is, and it is no different with a bankruptcy lawyer. The lawyer should ensure that the client receives treatment that is fair during the entire legal process. This is an ethical responsibility that a lawyer accepts when taking the oath. This is the single most important aspect of a bankruptcy lawyer and failure to fulfill this responsibility will lead to losing the case.

Discretion: Another responsibility that is important and should be practiced by a good bankruptcy lawyer is discretion. The lawyer should know how to behave, what action to take and what to disclose about the case. The case details and conversations between client and lawyer should always be confidential. This will enhance the client-attorney relationship and prevent any important information from falling into the wrong hands.

Responsibility related to finances: The commonality in bankruptcy cases is the management of huge volumes of financial documents and statements. It is the work of the bankruptcy lawyer to analyze and evaluate the financial documents and determine the assets of the organization that has filed for bankruptcy. This must be identified early because liquidation might be necessary and the lawyer needs to be prepared for that option.

Devotion: The lawyer should be devoted to the bankruptcy case that he or she is working on. Devotion to the case and the client will ensure that the lawyer pushes for the rights of the client. Lack of devotion will ultimately lead to the case being lost due to infringement of the clients rights.

Legal counsel: One of the most important responsibilities that the lawyer handling the bankruptcy case has to his or her client is to offer legal advice. It is the duty of the bankruptcy lawyer to inform clients on how to conduct themselves at all times and provide expert legal advice about the case. This will make clients better prepared for any questions or information that may arise as a result of the case. All in all, the case will run much smoother for the client.

The lawyer should be able to tell you what options you have and recommend the best one for you. This activity is quite difficult, especially for lawyers who are not experienced, so choosing an experienced bankruptcy lawyer will benefit you enormously.