Bankruptcy laws are complicated, and mistakes in a bankruptcy case can be costly. It is always in your best interest to do a quick search for “this is attorney near me” to work with.
But of those results, you don’t want to choose just anyone. Experience is key in these cases.
Benefits of Working with a Bankruptcy Lawyer
Before you even file for bankruptcy, a bankruptcy attorney can help you determine if this is the best route for you.
And if this is the best route, they can help you decide which chapter will offer you the most financial relief.
Then once you decide to move forward, they can help with:
- Providing advice on the timing of your filing.
- Offering guidance on your assets in the proceedings
- Completing the paperwork.
- Representing you at the meeting of creditors.
Ultimately, by hiring a attorney, you will have someone in your corner.
So, how do you narrow down the search results?
What to Look for in a Bankruptcy Attorney
Here are a few traits to look for and a few questions to ask:
Do they communicate regularly?
A lack of openness could cause problems during the process. While you might not be handling the case yourself, it is important that you know all the happenings of your case.
A good bankruptcy attorney will regularly communicate with you to let you know where the process is at, what to expect next, and to answer any questions you might have.
Do they specialize in bankruptcy?
Bankruptcy laws are very complicated. Your attorney should understand the most-minute details of the law and how it might impact you and your case.
While some attorneys might do this, it is preferred that you work with one who considers this one of their main specialties.
How many cases do they file each year?
Roughly 50 cases a year is a notable volume for a bankruptcy attorney. It is important to make sure they are actively working on it cases so they are up-to-date with all of the latest information.
This is also a good demonstration of how successful they are in this practice area. If clients keep coming to them, they must be doing something right.
What are their fees?
Attorney fees generally cover most of the services required for a bankruptcy case. But it is important to ask if any services are excluded from this. Additionally, if any additional fees are included.
We’ve Got the Experience You’re Looking For
Experience is invaluable when it comes to a bankruptcy case, and we have plenty of it!
Whether your needs are for personal or business bankruptcy, we are well equipped to take on your case.
Call us today to learn more about your options.