Unfortunately, the legal bankruptcy industry has gotten a bad rap because of a few profit-driven lawyers. However, your average bankruptcy attorney is usually a pretty good guy. When you're seeking out professional assistance from someone to walk you through the bankruptcy process, start to finish, you want to make sure you get one of the good ones. When you can afford it, you want to make sure you get the best.
Because you will spend a lot of time with your bankruptcy attorney, it's important to think carefully before choosing who you want to work with. This guide can help take you through a few of the major questions you'll want answered before choosing the bankruptcy attorney that is right for you.
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What's your specialty?
Bankruptcy cases run the gamut. From business to private, liquidation to restructuring, there are many different types of bankruptcy cases. The more experience a bankruptcy attorney has, the more likely it is that he'll be skilled in a variety of different types of cases.
Most good bankruptcy forms will operate in either one of three ways. The firm will choose to specialize in a very specific type of bankruptcy (e.g. Business Chapter 7), specialize in a particular type of customer (small business, corporation, personal), or will offer all services, with different bankruptcy lawyers to specialize in each area.
There's no right or wrong answer about which option might be best suited for you. There's nothing wrong with a bankruptcy firm that offers all bankruptcy-related services. Then again, if you feel more comfortable choosing a firm that only handles personal Chapter 7 cases, then go for it.
What do you charge?
Of course, this is a big one. While you should "shop around" to a degree, it can be difficult to fairly compare the services of a bankruptcy attorney to his colleagues. However, you should at least get an idea of these figures ahead of time. Know what types of rates you might face, how much they are, and what services you get in exchange for your money.
How much do you do?
A lot of bankruptcy firms - especially larger ones - will "outsource" some of the work related to your case to a paralegal or administrative assistant. This isn't always a bad thing. There's a lot of work involved with your case that is relatively simple paper work. Having someone else do it might mean a lower cost. Always ask about this before contracting a bankruptcy attorney.
The Perfect Bankruptcy Attorney
Truth be told, the headline may be a bit misleading. Just as there are no perfect people, there are no perfect bankruptcy lawyers. Hopefully, with the information provided in this article, you can make an educated and informed decision about which bankruptcy attorney you want to hire for your case.
Every lawyer will have some pros and cons associated with them. Figuring out which ones really matter to you will ensure that you get the bankruptcy attorney that is the best fit!
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