Here are some ways to find a trustworthy bankruptcy lawyer:
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What Should You Ask a Bankruptcy Lawyer?
â Nobody wants that. Choosing a bankruptcy lawyer is essentially a two-step process: Begin by finding and vetting likely candidates. Complete the mission by interviewing the handful that meet your criteria, then retain the one that feels the most compatible.
â Low Cost Bankruptcy+Quality!â
When hiring an attorney to help you file your Chapter 7 or Chapter 13 bankruptcy case, look for expertise, a fair price and a communication style youâre comfortable with.
If in your first meeting you arenât able to work one on one with the attorney to air your concerns and talk through your case, you might want to go elsewhere.
There is no ârightâ amount a bankruptcy attorney should charge, although generally a Chapter 13 filing will cost more than a Chapter 7. Fees vary from case to case and from one state to another. You can expect to pay between $500 and $3,500 for a Chapter 7 and between $1,500 and $6,000 for a Chapter 13, LaBert says.
An affiliation with NACBA is also a sign that an attorney is committed to advocating for people going through bankruptcy.
A misfiled form or missed deadline could result in your case being thrown out. Thatâs why finding a specialist is important.
And know that a good bankruptcy lawyer will also discuss alternatives to bankruptcy, such as credit counseling, with clients.
Some attorneys offer free meetings, and others will charge a fee of around $35 for this initial conference. Donât assume no charge means lesser qualifications; starting with free meetings can help you get comfortable interviewing lawyers and may lead you to the one you choose.
Many law schools sponsor legal clinics and provide free legal advice to consumers. Some legal clinics have the same income requirements as Legal Aid; others offer free services to low- and moderate-income people.
Most county bar associations will give you the names of bankruptcy attorneys who practice in your area. Keep in mind that bar associations don't screen the lawyers. It's up to you to check out the credentials and experience of the person to whom the bar association refers you.
Legal Aid offices offer legal assistance in many areas. A few offices do bankruptcies, although most do not. The federal Legal Services Corporation partially funds Legal Aid, and it's intended for low-income people. It's more likely for a Chapter 7 filer to find help. Few Chapter 13 bankruptcy filers will qualify.
Not only does bankruptcy require understanding how many principles interrelate, making a mistake can be costly. Most lawyers won't accept a bankruptcy matter unless they practice bankruptcy law regularly. Here are some suggestions for finding the best bankruptcy lawyer for your job.
When you interview a bankruptcy lawyer, you want to be confident about their competency and comfortable that they care about solving your problem. Here are some questions that should help you arrive at both.
It helps if the attorney has empathy for the clientâs situation. Maybe theyâre enduring a divorce, he says. Or their kid is sick or the car broke down or they lost their job. The go-to bankruptcy attorney knows overwhelming financial strife often creates more problems and increases misfortune.
Investigate whether your candidate attorneys are certified, which, according to the American Board of Certification (abcworld.org), âmeans that the certified attorney has met rigorous, objective standards and has demonstrated knowledge in bankruptcy and/or creditorsâ rights law.â
Reed Allmand, a certified bankruptcy attorney based in Dallas, stresses that the selection of an attorney be guided by the âthree Esâ: Empathy, Experience, and Expense.
Ask neighbors. Ask friends and relatives. (Yes, you have to swallow your pride.) Perhaps there are lawyers on your homeownerâs association board. There surely are lawyers on the board of your church. Ask all of them for recommendations.
Bankruptcy judges have a term for such situations, says Tampa-based Bankruptcy Judge Catherine Peek McEwen. âWe call it âa mess.â â
Allmand recommends against choosing âdabblersâ who often are more interested in quick, out-the-door closings than the nuances of a clientâs predicament.
People wind up filing for bankruptcy for many reasons, often involving outside forces or unforeseen expenses: Medical debt and unexpected health care costs can quickly spiral out of control, credit card debt can accrue due to business expenses or needing to use a credit card during periods of unemployment and low cash flow, investments in the stock market, real estate or other financial vehicles might suffer due to a financial crisis, or a supply chain shutdown can cause debt to cascade in times of pandemic (such as the coronavirus/COVID-19 outbreak) or due to oil price fluctuations. In any of these situations, a bankruptcy attorney can help you find the best course of action.
Bankruptcy Lawyers Can Help You. If you're experiencing severe financial difficulties, bankruptcy can provide a path to debt relief and help you get a fresh start.