If your creditor sues you, one of the initial and usual things that you would do is to hire a bankruptcy attorney who will serve as your guide in all the legal proceedings that you need to take. Consequently, there are a lot of factors that you need to consult with your lawyer. Being able to understand some of the basic and essential information about your case. But the question is, when should you hire a bankruptcy attorney? What are the things that you need to consider before deciding to get a lawyer for your lawsuits?
Do You Owe the Money?
Technically speaking, if you owe the amount of money that your creditor is demanding in their lawsuit, then there is no need to hire for a bankruptcy attorney. If you don’t have a counterclaim or defense and the creditor can easily support the claim, then your tendency of losing the case is relatively high.
Counterclaim to the Lawsuit
On a positive note, if you have a good counterclaim, then hiring a lawyer may be a good idea. Hiring an attorney will allow you to make sure that you have the essential information with which to defend the suit and can save you money in the long run.
Cost of Debt and Amount of Hiring
You must also be able to compare the cost of hiring an attorney and the cost of the debt that your creditor is demanding you to pay. If the fees of the lawyer’s service are higher to the cost of debt or relatively the same, then it is not ideal to hire a lawyer but instead, it is advisable to just pay the debt so the case will be withdrawn and dissolved, hence your problem can be addressed. San Diego bankruptcy lawyer will allow you to evaluate this scenarios during your first consultation.