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Choosing the Perfect Bankruptcy Law Firm

Being deep in financial trouble that you have to file for bankruptcy can be quite stressing and challenging. Nevertheless, finding the right bankruptcy can be more daunting while in this period because there is no room for mistake as it can be catastrophic. With a lot of bankruptcy firms existing in the domain, how do you determine the ideal bankruptcy law firm for your individual needs? You wouldn’t regret settling for the wrong bankruptcy firm. Partnering with the wrong bankruptcy law firm could cost you the bankruptcy approval that you badly seek from the bankruptcy trustee. As such, you need to research carefully before signing any contract to avoid any such serious blunders. In the piece are a few vital considerations you will want to take into perspective to ensure that you are hiring a bankruptcy law firm.
It is critical that you find a bankruptcy specialist. By this we imply getting a bankruptcy firm that only practices in the specialty of bankruptcy, and several other similar cases. Many law firms also handle other cases apart from bankruptcy cases such as personal injury, worker’s compensation and other areas in law. You cannot be an expert in everything, let alone keeping up with the changing bankruptcy law. You will want to work with a law firm whose attention is centered only on bankruptcy cases. It would be a good idea that you determine how many bankruptcies the lawyer has filed. Be careful that when scheduling for your initial consulting that you are not consulting with the law firm’s paralegal or sales associate; instead ensure you are talking to a bankruptcy attorney. You want your financial advice to come from a certified and trained bankruptcy lawyer.
Furthermore, it would be a good thought that you aim at working with an experienced bankruptcy attorney. Inquire from the firm’s attorney the kind of bankruptcy cases they handle. Some lawyers like Chapter 7 cases better, and others want their practice to be only on Chapter 13 bankruptcy. Other firms and lawyers will practice in both areas. A lot of bankruptcy attorneys with a small practice avoiding taking Chapter 11 cases because of their complexity. Eventually, you want to work with a bankruptcy law firm that is experienced in the chapter aim to file.
Finally, before your first appointment, it is imperative that you figure out from the attorney the typical charges for Chapter 7 or Chapter 13 cases. Cheaper isn’t better especially if the matter in front of you is complex and the last thing you want is a lawyer cutting corners. Go for a bankruptcy firm that will offer affordable rates for their services without compromising quality.
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