What do I do when the law firm handling my debt consolidation files bankruptcy?

Get Legal Help Today

 Secured with SHA-256 Encryption

What do I do when the law firm handling my debt consolidation files bankruptcy?

Went to consumer credit, and they assigned a law firm to us which has now filed bankruptcy. What do I do? How do I know if they paid anything out to the creditors? I have received a form to fill out for claim but do I claim all the money I paid them?

Asked on October 20, 2010 under Bankruptcy Law, Washington

Answers:

MD, Member, California Bar / FreeAdvice Contributing Attorney

Answered 11 years ago | Contributor

If a law firm has been adjusting your debt and the law firm is located in your state or out of state, first check with your state's department of financial institutions to determine if they need to be licensed by that agency.  Otherwise, check with your state's bar to determine if a claim can be made through that agency (the bar) to get your money back or at least a portion of your money back.  Consider filing a complaint with your state attorney general and see if they can at least help you with an accounting or sort out what happened and what has been paid or not paid.  Next, contact consumer credit and find out if they know what occurred and what they can do to help you.


IMPORTANT NOTICE: The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although AttorneyPages.com has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you retain an attorney to represent you.

Get Legal Help Today

Find the right lawyer for your legal issue.

 Secured with SHA-256 Encryption