Have You Heard The One About The Lawyer Who ...

Have you heard this one? What do you call a bus load of lawyers going over the side of a cliff with one empty seat?

A wasted opportunity!

NO, NO, NO!

A ton of wasted leads.

Attorneys can be a excellent source of deal leads for you and I. Many of you reading this, live like my wife Kris and I, in major metropolitan areas. It is not uncommon for there to be thousands and thousands of attorneys in the yellow pages. So how can we make this a fertile ground for real estate deals?

The answer can be boiled down into two main areas of focus, they are:

A. What do we say to them when we get the opportunity to talk with them?

B. Which attorneys or types of practices do we want to talk to?

We'll examine "A" first: What are we going to say to these attorneys when we get them on the phone? For years I've been using a simple script that covers all the basics. Here's what I say on a typical call.

RING, RING...receptionist, "Good Morning Dewy, Cheatum & Howe, may I help you? (OK so I couldn't resist)" "Good Morning, this is Bill Barnett is David (or what ever my best guess is for the attorneys first name) in?" "Yes, will he know what this regards?" "I might could work with David or I'll just need a referral." "Hello, this is David." "Good Morning David my name is Bill Barnett and I'm a local real estate investor, here in Fort Worth." "Yes Bill what can I do for you?" "I know from time to time you have property that comes across your desk that must be sold for you to be able to close the file (Bill, what does that mean, close the file? In many cases, this is when the attorney gets paid). The next time that happens, think of me. May I send you my business card, or better yet may I drop a few off and shake your hand?"

It's a pretty simple choice at this point, yes or no. If it's "Yes", drop the cards off and if it's "NO" thank them for their time, be polite and professional and move to the next one.

OK, now we know what to say when we get them on the phone so let's take a look at B. Which attorneys or types of practices do we want to talk to? There are several areas of legal specialization that are attractive for us. In my opinion and experience there are 5 major types of attorneys for us to work with.

1. Divorce. Over 50% of the marriages in America end in divorce. In many cases the couple has a piece of real estate that is affected in some manner. One spouse may simply sell their half to the other or in many cases the property is sold outright to complete the divorce. A lot of couples who insist on fighting during the divorce while the attorney bills mount up have to sell the property to be able to pay off the attorneys.

2. Estate / Probate. Many properties involved in an estate or probate are quickly sold because the heirs don't want the property. For them it's a headache. They may live out of town or out of state. They may have renters in the property and they don't want to become a landlord or as it is in most of these cases, they just want the CA$H!

3. Bankruptcy. This is a little different due to the fact that we will end up dealing with the court appointed bankruptcy trustee attorney and not necessarily the attorney handling the bankruptcy for the homeowner. This can be a very lucrative area to deal in. Yes the trustees want to get as much as they can for the property but they are also looking to move the property in a timely manner. Check with a local bankruptcy attorney in your area as state laws differ on how real estate is affected by bankruptcy.

4. Tax. In many cases when someone has to engage a tax attorney things with the IRS are already very unpleasant. Liquidation of real estate may be the best solution to be able to clear things with Uncle Sam. There's nothing quite like the IRS to create a truly "motivated seller".

5. Real Estate. This one is rather obvious, but you would be surprised how many investors have not had a conversation with their real estate attorney regarding possible deals referred by the attorney. YOU HAVE TO ASK! This is a major player in your "POWER / DREAM Team" anyway so make the most of the relationship.

Please be aware that no attorney has the right to give you their client's name without expressed permission from the client as that would violate the attorney client privilege. However, the attorney can give your card to the client all day long. If we are providing them with a service that helps them get paid, they are much more likely to want to work with us.

Genna have been writing articles for nearly 2 years. Come visit his blogs more often for tips and advice that helps people with the interest for charlotte bankruptcy attorney and great passion and knowledge for charlotte bankruptcy lawyers and all the different options & providers available in the market today. Find out for more info also here Topcharlottebankruptcyattorneys.com

Bankruptcy Legal professional - Understanding Your Selections

Filing for bankruptcy is an emotional and complicated decision to create. But once an individual has decided to maneuver ahead with the method, the subsequent main question to ask is whether or not to file for Chapter 7 or Chapter 13. You will find pros and cons to each. Folks or organizations who qualify for one may perhaps not qualify for that other.

In the end, it's most effective to function with legal counsel to ascertain the proper option for an individual's conditions. When studying and interviewing a bankruptcy legal professional, it is clever to become educated and be prepared having a checklist of concerns. Right here is definitely an overview in the two insolvency selections to support you be a more knowledgeable consumer.

Chapter seven
This could be the quickest and easiest choice available to individuals, married couples, corporations and partnerships. A bankruptcy lawyer can aid you determine in the event you can or can't qualify to file according to the IRS suggestions for the income and bills. Within the most basic overview of your qualification method, if one's earnings is much less than then state's imply, then they're most likely certified for it. If it is extra, then they'll usually need to have to file for Chapter 13.

The main benefit of this will be the elimination of most or all one's unsecured financial debt, meaning financial debt which is not attached to any house. What this means is that nothing is going to be owed for debt which includes credit score cards, medical expenses and utility charges.

The other notable benefit is the fact that it's typically a a lot faster method to a new economic start. Ordinarily the situation will get only 3 to 4 months to get a bankruptcy lawyer to total in the time it is filed. The disadvantage here is the fact that your assets are topic to seizure and sale from the federal government.

Chapter 13
Under this bankruptcy, an individual or sole proprietor have to be working or have a constant revenue. With this alternative, a debtor is setup on a financial debt repayment program, generally lasting 3 to five many years. What this means is that they are able to get caught up to the house more than time and prevents them from needing to arrive up with all the money right away.

For those who qualify, this option is usually very best for men and women that have mortgages they need to maintain or they've issues like taxes and child help that cannot be eradicated by the 1 mentioned before. The lawyer will ordinarily let you know the other main benefit of this could be the 100% protection of the valuable assets from seizure by your creditors.

Irish have been writing articles for nearly 2 years. Come visit his blogs more often for tips and advice that helps people with the interest for charlotte bankruptcy attorney and great passion and knowledge for charlotte bankruptcy lawyers and all the different options & providers available in the market today. Find out for more info also here Topcharlottebankruptcyattorneys.com

Charlotte Bankruptcy Lawyer

Last year more than 1 million Americans filed personal bankruptcy in order to improve their financial situation. The process of filing for bankruptcy can be a stressful and emotional time. It may be triggered by traumatic events such as a job loss, overwhelming medical bills or an uninsured natural disaster. While the law does not require that an individual utilize the services of a lawyer in order to file, fortunately, a good bankruptcy lawyer can provide services to make the process less complicated and confusing for an individual. It's important to be an educated consumer when selecting an attorney, so here is a description of the process to help get started.

Overview
Bankruptcy law describes the branch of civil law covering federal and state bankruptcy and insolvency laws applying to individuals, municipalities and businesses. A party may file for bankruptcy voluntarily or may be forced by creditors. While a bankruptcy can offer relief and a fresh start, the affects of a low credit score will usually not disappear for up to ten years. There are two things an individual can do prior to consulting with a bankruptcy lawyer. First, they should get all of their financial information collected and organized. Second is to seek consumer credit counseling which is mandated by the government for anyone filing for bankruptcy.

Choices
An individual will need to meet with a bankruptcy lawyer to determine what type of filing they qualify for and is best for their situation. The majority of cases are Chapter 7, the quickest and simplest option which complete eliminates most debt that is not attached to a property. The other main option is Chapter 13 in which a three to five year payment plan is developed during which the debtor must pay off their creditors. The law can be complicated and an individual must make the right choices to avoid losing more than is necessary.

Filing the case
A lawyer must understand both state and federal law as the case must be filed in federal court but state law has a large effect on the claims and exemptions presented in the case. A lawyer will also insure that the right forms get filed correctly and on time. This is important not only to having the process completed quickly but also because an individual must file within a certain period of time following counseling. A bankruptcy lawyer will work on your behalf to communicate with the judge and will help you prepare for and accompany you to creditor meetings.

Chester have been writing articles for nearly 2 years. Come visit his blogs more often for tips and advice that helps people with the interest for charlotte bankruptcy attorney and great passion and knowledge for charlotte bankruptcy attorney and all the different options & providers available in the market today. Find out for more info also here http://www.Topcharlottebankruptcyattorneys.com

Charlotte Bankruptcy Lawyers

To become a charlotte bankruptcy lawyers, there are a few simple steps. At least, the steps are simple to understand, but doing each step requires years of hard work.

1. Take the LSAT
The Law School Admission Test (LSAT) is a nationally standardized test. Your LSAT score includes points based on your correct answers on the LSAT. Your LSAT score is also adjusted based on your college GPA and the competitiveness of your college. Once you take the LSAT, you must arrange for your LSAT score to be sent to law schools as part of your application for admission. Law schools then compare your LSAT score and other admission application materials to determine which applicants to accept. The law school admissions process is very competitive, but with good college grades, good performance on the LSAT, and a good law school application, you should be admitted to law school.

2. Attend Law School
Next, you need to attend law school. This can't be just any law school. Your state may only let you practice law if you attend an ABA approved law school. Most states require that law students attend an ABA approved law school before taking the bar exam in that state. California is a notable exception. In California, you can take the bar exam even though you have not gone to an ABA approved law school. However, California has other rules, so you should check into those if you are considering attending a law school not approved by the ABA.

3. Pass the Bar Exam
Once you have graduated from law school, you prepare to take the biggest law exam of your life. Each state has its own bar exam, which takes two to three days depending on the state. You must pass the bar exam to practice law in your state. It may be worth noting exceptions to this rule. Most states allow you to practice law if you are licensed to practice law in another state and fulfill other requirements. A very small number of states will allow someone to practice law if that person has experience as a judicial clerk, but this exception is rarely used today.

4. Become Licensed to Practice Law in Your State
To become licensed to practice law, you must apply for admission. The admission process involves a criminal background check, a lengthy application, success passing the bar, and a number of other requirements. If your application is approved, you then must be sworn in. After taking your oath, you are officially an attorney who is licensed to practice law in that state.

5. Get a Business Attorney Job or Find Your Own Business Clients
The final step is to get a job practicing business law at a law firm or to find your own business law clients and practice as a solo practitioner. Whether to work for a law firm or start your own law practice depends largely on personal preferences and whether you could acquire enough clients to work on your own. If you start practicing law in a law firm, you normally are not expected to bring in clients for at least a few years.

Obtaining a business attorney job is not necessarily easy. First, not all law firms practice in business law. If you are interested in being a business attorney, you should seek out firms that have business clients. Second, your ability to get a business attorney position may also depend on your business experience. Business law jobs are often at large firms, which may require strong resumes because so many attorneys want to work in business law compared to the number of positions available. If you have experience in business or an MBA, you will have an improved chance at obtaining a business attorney job. Good law school grades and other impressive resume items will also be important.

Are You Sure You Want to Be a Business Attorney?
As a final piece of advice, here is one suggestion. Before you set off on the long road towards becoming a business attorney, be sure that a business attorney career is what you want. As you may know, a business attorney's job is not at all like what is portrayed on TV. You would be disappointed to spend years of your life and acquire law school loans only to find out later that you don't like being a business attorney. You may want to interview some business attorneys, read about the profession, or even shadow one or two business attorneys for a day. That would allow you to see what a day in the life of an attorney is really like. Before you invest money and time pursuing a legal career, be sure you really want it.

Donald have been writing articles for nearly 2 years. Come visit his blogs more often for tips and advice that helps people with the interest for charlotte bankruptcy attorney and great passion and knowledge for charlotte bankruptcy attorney and all the different options & providers available in the market today. Find out for more info also here http://www.Topcharlottebankruptcyattorneys.com