5 Tips for Choosing a Bankruptcy Attorney
Hard economic times have made it difficult for more and more people to get by, with rising debt levels and uncertain financial circumstances. This leaves bankruptcy as the only viable options for most people to get out of debt. But recent amendments to bankruptcy laws have made it more complicated to file for bankruptcy. This is where securing the services of a bankruptcy attorney could prove to be invaluable. Like any other profession, you choice of practitioner could have a big impact on your outcome.
Step 1
Here are 5 useful tips to determine the right bankruptcy lawyer for your case:
1. Free consultation
a free consultation is useful because it allows you to test out the quality of services offered by a prospective lawyer. There are plenty of bankruptcy attorneys out there who will willingly offer you a free consultation, just to provide you with some advice on the amount of work that needs to be done to assist you through the process.
Someone with experience
the best type of bankruptcy attorney is one who specializes in and has a lot of experience in bankruptcy law. An ideal attorney should have a good grasp on bankruptcy laws (both new and old), the local and federal rules and has practical experience with bankruptcy trustees and judges. If you can, ask for recommendations from other clients who have experience with his services. You can also check with the State Bar, to confirm whether the attorney has had any bad dealings with past clients.
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Step 2
Affordable fees
The new bankruptcy laws enacted in 2005 have made the process of filing for bankruptcy even more challenging, which means more work for lawyers and hence higher fees. But the rate of fees charged by bankruptcy lawyers will often vary from one attorney to the next. Some will charge rock bottom prices, but this often means that they either lack experience or have a bad reputation. Some charge a flat fee, whereas others will charge you depending on your total debt or an upfront amount before filing for bankruptcy. Look for a lawyer who will charge you a reasonable amount and is willing to accept a payment plan.
Consider the firm
some people argue that using a big firm is better, because they will have the time and man power to answer your queries whenever you need them to. On the other hand, some people advocate for the use of small firms, due to the hands-on approach you will get during the process. The choice is yours, as long as you choose a lawyer who can represent you best.
Step 3
The level of rapport
filing for bankruptcy can be a very intimate and embarrassing process to go through. Therefore, it only makes sense to choose a lawyer who you feel comfortable with and can disclose all of the information needed with ease.Try to establish clear terms on the contract, so as to determine what they can do for you. Some lawyers will guarantee successful discharge or a refund of fees.
Tips
Try to establish clear terms on the contract, so as to determine what they can do for you. Some lawyers will guarantee successful discharge or a refund of fees.
