When filing bankruptcy a common complaint from debtors is the lack of communication from their bankruptcy attorney by not returning phone calls requesting information. So why is it that many attorneys don't return phone calls on a timely basis or at all? Some bankruptcy attorneys charge a flat fee for a bankruptcy case while others charge on an hourly basis. For the attorney that charges on an hourly basis, returning numerous phone calls would not be cost effective for the debtor filing bankruptcy. These calls would quickly add up for the debtor who is already financially burdened. It is best to discuss these matters during the initial consultation with the bankruptcy attorney to avoid any misunderstandings down the road. For instance, if the attorney is calling to notify the debtor that "they don't have the answer yet or they are waiting to hear from the court, the mortgage company, the trustee, etc." the phone call would not be an economical use of the attorney's time or the debtor's money. The attorney should inform the debtor ahead of time that they will only call if they have definite pertinent information or delegate many of these tasks to staff members to save the debtor money in legal fees.
The rescheduling of the meeting of the creditors, or 341 meeting, can also mean additional attorney's fees. Not only will this inconvenience other involved parties but it might show just how little and unimportant the bankruptcy case means to the debtor. Rescheduling can additionally result in extra court notices being served to the bankruptcy trustee and other parties involved in the case. These other parties who may have been unsure about whether or not to file an objection to the case, may now see this as an opportunity to go ahead and object at the newly scheduled meeting at the later date. If the debtor truly experienced a real emergency such as an accident or serious illness making it impossible to attend, rescheduling the meeting of creditors would certainly be necessary and understood by all involved. This is why it is crucial for the debtor to have a good working relationship with their bankruptcy attorney. The bankruptcy attorney would be able to contact the trustee and explain the circumstances for rescheduling. A new date for the meeting would be assigned and the proper notices would be sent out to the parties involved. Once the new 341 meeting has been completed by the debtor, they will be one step closer to a fresh financial start.
The rescheduling of the meeting of the creditors, or 341 meeting, can also mean additional attorney's fees. Not only will this inconvenience other involved parties but it might show just how little and unimportant the bankruptcy case means to the debtor. Rescheduling can additionally result in extra court notices being served to the bankruptcy trustee and other parties involved in the case. These other parties who may have been unsure about whether or not to file an objection to the case, may now see this as an opportunity to go ahead and object at the newly scheduled meeting at the later date. If the debtor truly experienced a real emergency such as an accident or serious illness making it impossible to attend, rescheduling the meeting of creditors would certainly be necessary and understood by all involved. This is why it is crucial for the debtor to have a good working relationship with their bankruptcy attorney. The bankruptcy attorney would be able to contact the trustee and explain the circumstances for rescheduling. A new date for the meeting would be assigned and the proper notices would be sent out to the parties involved. Once the new 341 meeting has been completed by the debtor, they will be one step closer to a fresh financial start.
The author started DebtFreeBankruptcyAttorney.Com which is a website that helps individuals with debt problems by putting them in touch with a local bankruptcy attorney that specializes in filing bankruptcy under Chapter 7 and Chapter 13 bankruptcy. Check our website for more answers to bankruptcy questions and ideas on how to have a debt free future.
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