Grennier acknowledges that a competent advisor is particularly important under the new bankruptcy laws as the process is more stringent, burdensome and costly than ever. Sadly, many attorneys are motivated by profit, and will often direct their clients to choose a less than optimal path.
Declaring bankruptcy in and of itself is an awful feeling. But doing so based on bad advice is far worse. This is one reason why it is critically important to choose a bankruptcy attorney who is both knowledgeable and ethical Grennier noted.
“Several of the bankruptcy attorneys in the area will push people into a Chapter 13 when a Chapter 13 probably isn't appropriate,” Grennier said. “And the debtor could get qualified for a Chapter 7 to simply erase the debt,” he added. “The reason this happens is because in this particular jurisdiction, these unscrupulous attorneys stand to make double their fees on a Chapter 13 as compared to what they would make on a Chapter 7.”
With an event as life-changing as a bankruptcy, it's critically important to evaluate your advisor carefully by checking with agencies such as Avvo, a client and peer reviewing service. You will also find with the Better Business Bureau that Grennier has a perfect A+ rating.
For more information, please visit: www.grennierlaw.com and www.avvo.com to see that Attorney Grennier is a Superb, 10 out of 10 rated bankruptcy attorney.
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