Nobody wants to think about bankruptcy, yet it may be necessary for many people in these difficult economic times. Although having to file for bankruptcy can be stressful, picking the wrong attorney can make it considerably harder. When it comes to picking a bankruptcy attorney, here are some pointers on what to look for and what to avoid. Click to read more about us.
Keep a safe distance from storefront operations.
If bankruptcy is in the horizon, you must act quickly. Avoid fly-by-night companies that advertise bankruptcy services at absurdly low charges. Not only are these places likely to mishandle a bankruptcy, but the additional fees and services will make it considerably more expensive than stated. Look for a reputable lawyer with a lot of experience in the subject. It will be more expensive, but the bankruptcy will be filed and handled properly, saving money and headaches in the long term.
Obtaining a licence
A good bankruptcy attorney, like a competent doctor, should be licenced by the state bar. They are not permitted to practise law in that state if they are not. The state bar can give information on an attorney’s licence as well as any disciplinary actions taken against him or her.
Consult with the relevant agencies
There are agencies and organisations that have either worked with or have knowledge about bankruptcy attorneys. A nice place to start is the American Bankruptcy Institute. The ABI is a think tank that even Congress consults for advice. They may contain information or even members who are willing to help with the bankruptcy process. Members of the ABI have had to meet additional requirements beyond those required of the average bankruptcy lawyer.
Local legal assistance organisations may also be able to help you discover a decent lawyer. They have most likely worked with bankruptcy attorneys before and may be able to recommend someone who is right for your case.
Different Attorneys should be visited.
Many lawyers provide no-cost or low-cost initial consultations. This is an opportunity to speak with the prospective attorney and determine whether or not they are qualified for the position. Prepare a list of questions to ask the potential lawyer. Here are a few common questions that any bankruptcy lawyer should be able to answer. These are not the only questions you should ask a bankruptcy attorney, but they are a good place to start.