What do I do?
3 attorney answers
Talk to a bankruptcy attorney in Phoenix ASAP. Sound like to may have fallen victim to a fraud. An experienced attorney can be invaluable toyou.
Nothing in this response creates an attorney-client relationship. The answer is provided as general information and cannot be relied on due to the many factors that can impact any situation when all of the relevant facts may not have been included.
Bankruptcy is a very complicated process. It is important that you educate yourself about bankruptcy before jumping into the unknown. As part of your education watch the Bankruptcy Court videos (link below) which explain the bankruptcy players and how bankruptcy works. Important - do not assume the information you see on the Internet is accurate or applies in your situation.
Most Arizona consumer bankruptcy attorneys offer a free consultation about the basics of bankruptcy. Please take the time to educate yourself and to determine which attorney is the best to assist you in the process. It is best to interview two or three attorneys before making a decision who to hire. Talk to the attorney you will be working with, not a staff person. When interviewing the attorney ask how long they have practiced bankruptcy law. Ask what percentage of their practice is focused on consumer work. Ask whether they are experienced in both chapter 7 and chapter 13 cases. Ask about their policy of returning phone calls. Ask the attorney for references. Don’t assume the attorney is being honest about their experience and capabilities. If, after talking with them you are still confused about the issues you raised, find another attorney. Check them out with the various ranking sources: such as www.AVVO.com, and the State Bar (make sure they do not have complaints), also look at their online reviews.
Any good bankruptcy attorney should be committed to answering specific questions about your situation and help you understand your options. At all times remember this is your bankruptcy and you should understand what is happening. The attorney should educate you, be there to assist you in how to avoid pitfalls and help you plan for your future after bankruptcy. In other words, they should be your guide through this process. There are hundreds of “bankruptcy” attorneys in Arizona. Of those, just a few will fit the criteria set forth above.
I hope this information is helpful.
Diane L. Drain, Law Office of D.L. Drain, P.A. Phoenix, Arizona. Education is my primary focus - to that end, I offer free bankruptcy consultations. This information is provided for general information purposes only and is not intended to be a legal opinion, legal advice or a complete discussion of the related issues. Nor is this advice intended to create a client-attorney relationship. Every individual's factual situation is different and you should seek independent legal advice from an attorney familiar with the laws of your state or locality regarding your specific situation. This firm is in the business of helping people and companies file for bankruptcy protection. Therefore, the bankruptcy code requires that we call our firm a "debt relief agency."
Get a local attorney to advise you.
Why were the debts taken out in the first place?
What did you use the funds for. Your question has a lot of
facts missing to understand where you are.
Do these loans have a mortgage on your house.
Speak to an attorney
This is not legal advise. It is intended only as general information for your use and since all facts may not be disclosed, It is difficult to give an accurate and complete answer.