Hire a Good Lawyer For Your Business

When to hire a good lawyer for your business?

People think that hiring an attorney for their business is costly and unnecessary. However, hiring an attorney will help you in many ways like:

  • Structuring your business. This includes deciding whether you’ll choose to be a sole proprietor, in partnership, a corporation, or nonprofit. To fully understand what are the differences between these choices, guidance from a lawyer is very helpful and necessary. They will also help create and/or file the required documents for you.
  • Preparing or working out with a contract. They will advise you on what to do and will ensure that you won’t be entering a business deal which will put your business in peril.
  • Being investigated by the government or environmental groups. The investigation may be because of an employee or a costumer’s claim against you and your business, some tax issues, or environmental issues regarding your business’ waste disposal, etc. All of these are some of the problems that you may encounter while doing business. So hiring a good business lawyer can plan and help you deal with these issues. Hiring a tax attorney can help alleviate some stress as well.
  • Some of the specific services that lawyers will help you in your business are:
  • Supervise issues in franchising and handling regulatory compliance with the government.
  • File tax returns, licenses, and reports.
  • Take legal actions regarding pending and potential issues.
  • Oversee your business
  • Formulate your business’ policies and procedures
  • Create and prepare basic documents such as company’s bylaws and minutes of formal meetings.
  • Acquire or sell the company’s assets

How to find a good lawyer for your business?

First and foremost, find a good attorney for your business even before a problem arises. Treat him or her as one of the key persons in your company so when there’s a problem, you will be assured that you are represented by someone who knows your company well and by someone who will represent your best interests. This will also prevent time pressure and delays that will make the attorney’s work more difficult and more expensive. The following are some tips for finding a good lawyer for your business:

  • Ask your colleagues from the same industry for attorney referrals. Contact them and ask if they could recommend a lawyer who’s familiar with your needs. Try to ask those who have the same issues like yours so they can refer you to someone they have worked with.
  • Call the local office of the bar association or check their website. They will provide you with lists of attorneys or law firms in your local area who have the specialty in the industry your working in.
  • If you know a lawyer, ask him or her for referrals. The attorney you have worked with through other dealings might know someone who has a specialty regarding your business needs. This lawyer will know the reputation of their co-lawyers and will recommend those who can handle your case.

So at this point, you already have your candidate lawyers. Visit each of these lawyers website (nowadays, most of them have a website) to be able to get an idea of the lawyer’s areas of expertise.

How to Legally Eliminate Half of Your Medical Debt

Medical bills are one of the reasons for bankruptcy. It can cripple your finances and will bring you to a point where you have no more left in your savings.  So before this happens, here are some guidelines to eliminate half (or at most full) of your medical debt.

  • Before anything else, do not ignore your medical debt. The hospital institution will aggressively go after you if you don’t pay your medical bill. So, don’t wait until you get sued.
  • Ask your doctor or your hospital financial counselor if they can give you a discount on your bills. If you have no medical insurance, ask if they can bill you at insurance company rates. These rates are usually lower than your total medical bill. Just be honest and show them that you won’t be able to pay the bill without their help.
  • Review the items on your medical bill. This way you can see and clarify those services or drugs that you think you didn’t receive. This is important as most of these items have unreasonably high charges. Additionally, get rid of the charges of routine supplies like gowns, gloves, or sheets because this is already covered in your daily room charges.

  • Ask the hospital if they have available payment plans. Most of the time, they have. Best case, if you are qualified under the low-income class (those whose income do not exceed 200% of the poverty level), you can avail a special care program or indigent program that will cover all of the cost of your total medical expenses. If your income exceeds this limit, you can apply for the reduced payment plans. Just contact the administration of your hospital to be fully informed about these programs.
  • Let professionals negotiate on your behalf. They will help you talk with the hospital administration to reduce or eliminate your total balance. This way, you can afford to pay your medical bills.
  • If the tips above didn’t help you at all or your medical insurance is not enough to cover your medical bill, declare bankruptcy. Bankruptcy is considered as an unsecured debt just like a credit card debt. This will greatly help you in eliminating your problem, however, keep in mind that filing bankruptcy will ruin your credit score. So be sure to consult a qualified lawyer to discuss this matter before you take action. They will advise you if filing bankruptcy is a feasible solution to your situation.
  • Your last resort would be getting help through crowd-funding websites. Some of these websites are YouCaring.com, FundRazr.com, IndieGogo.com, GoFundMe.com, and GiveForward.com. People usually turn into this kind of raising money to help them with their medical expenses. What crowd-funding do is it lets you create a web page for your fundraising drive where donors (they can be your friends, relatives, or even people you don’t know) send their help through their credit cards or online payment services.

Conclusion: There are so many options to legally reduce or eliminate your medical debt, you just have to know who to ask, how to negotiate and when to get help from a professional financial counselor. This way, you can save a lot of cash.