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A Credit Counselor Versus a Bankruptcy Attorney


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A Credit Counselor Versus a Bankruptcy Attorney

When I was drowning in debt, I knew that soon enough I would need to file for bankruptcy. I simply didn't make enough to cover the amount of debt I had accumulated. However, I was not sure whether I should work with a credit counselor or a bankruptcy attorney. I did a lot of research on the subject and found that there are pros and cons to working with both a credit counselor and a bankruptcy attorney, and that you also had the option of working with both at the same time. Ultimately, I decided to hire the attorney, but that may not be the best option for everyone. I created this website to help you understand what a credit counselor is and what they do, what a bankruptcy attorney is and what they do and how each can help you if you are drowning in debt.

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Why You Need An Estate Plan To Prepare For The Future

Are you prepared for your personal needs to be cared for in case you fall ill when you least expect it? Being that life is so unpredictable, you should think about getting an estate plan drafted up so you can have security if you happen to become incompetent. Find out in this article why having an estate plan is the smart thing to do, as well as what an attorney will charge to help you out.

What Makes an Estate Plan a Worthy Investment?

There is nothing worse than falling into the wrong hands if you are unable to do things for yourself. An estate plan is the perfect way to plan while you are still in good health as to who will take care of you during illness. You can actually appoint a single person, or multiple people can be appointed over your estate. The best thing about getting an estate plan is that it is a legal procedure that will be held in court no matter who tries to contest it. However, if your appointees happen to neglect you, the plan can be changed with the approval of a judge.

One aspect of your estate plan should cover who will legally be in charge of your finances. A lawyer will create a document that appoints someone over your bank account, such as for withdrawing money for bills and your personal needs. The appointee can also make sure your house is taken care of and repairs are made if they arise. It is a good idea to choose a finance appointee who has good accounting skills, as you don't want your money to run out from poor management.

Another aspect of the estate plan will appoint someone over your medical needs. He or she will be in charge in choosing your physician if you are unable to. The medical appointee will also have the authority to make decisions about the drugs you are prescribed and any surgeries that you may need.

What Does an Attorney Charge to Create an Estate Plan?

You are looking to spend a minimum of at least $800+ for an attorney to assist with your estate plan. He or she will take a look at your needs and help you create the best plan possible. Keep in mind that a complex case can cost as much as over $3,500. Don't delay speaking to an attorney about an estate plan so you can prepare for the future! Visit http://www.scottandscottlaw.com for more information.