How To Find and Choose Affordable Bankruptcy Lawyers

Bankruptcy


Before initiating your search for an appropriate bankruptcy attorney,
it is important that you understand that there are 4 main kinds of
bankruptcy – Chapters 7, 11, 12 and 13. Out of these only the chapters 7
and 13 are the personal bankruptcy options. Chapter 11 is for the
corporates while the Chapter 13 is for agricultural purposes. For each
of these there are specialists. Therefore in case you are have a case of
Chapter 7; you must go to a specialist Chapter 7 bankruptcy attorney
and not some other lawyer not possessing enough knowledge in this field.


The first step while finding a good bankruptcy attorney is to find the
names of some of the best lawyers practicing in the bankruptcy area. It
is recommended that you avoid general practitioners as they do not
specialize in this particular area. Check the references of the attorney
to determine whether the person is actually capable of handling the
bankruptcy cases or not. Being careful is the key to finding a
successful solution. The practice of this law is very intricate and a
minute mistake can cause a big loss. It can affect whether the debtor
will receive a discharge or the case will be dismissed. It is not just
sufficient to make sure that the lawyer is into bankruptcy law practice.
There are different specialists for different Chapters of it. So
determine which Chapter your case is related to and find a suitable
attorney.

Another important matter of consideration for the
potential bankruptcy-debtor is whether the attorney will appear at the
meetings of the creditors or not. Once all the formalities and paper
work has been completed, a meeting is called by the court. This meeting
is often termed as the first meeting of the creditors. It is the first
instance for the debtor to meet the bankruptcy trustee and the
disapproving creditors. In case the attorney of the debtor does not come
to the meeting, a replacement attorney would have to be selected. Of
course, you will like to stick to one only. Therefore choosing a good
one at the first go is important.


The fee charged by the attorney is a major matter of concern. There are
only a few good affordable bankruptcy lawyers and finding them can be
tough but not impossible. Internet is the best place to look for these.
The fee varies from attorney to attorney. Also, it depends on the list
of duties that the lawyer is expected to perform. Additional charges are
also applicable if a petition has to be amended or if the lawyer is
required to appear in some meetings other than the meetings with the
creditors.