The key thing when looking for a bankruptcy lawyer is to be aware of what you are looking for. With that understanding, you can ask the appropriate questions and ultimately hire the best lawyer. It is also critical to know the kind of bankruptcies the lawyer handles. For example, a small business reorganization attorney is one who is well experienced with Chapter 11 bankruptcy. So, if you need an attorney who will steer your business through the bankruptcy process, which is complex and involving, you must look for such.
Below are some tips to guide you when looking for a bankruptcy lawyer:
Look for One specializing in Bankruptcy
When you go out to find a bankruptcy lawyer, get a bankruptcy lawyer. What this means is that hire the one who focuses on bankruptcy and a small number of other related areas. It is hard to be an expert in all areas, and this also applies to the law. Furthermore, it is also not possible to keep up with the changes in the bankruptcy law if one does not specialize in the area.
You should avoid engaging lawyers from those law firms that advertise so many things. As you scout for the best bankruptcy lawyer, ask the ones you will be interviewing the number of bankruptcy cases that they have filed.
Find out about Hidden Costs
Get to know the amount of money your bankruptcy will cost upfront. Remember your business, and even yourself are in financial distress; thus, any savings can mean a lot. While so many law firms will attract you to their offices with great deals or bargain prices, the biggest challenge is the hidden fees.
If a law firm has hidden fees, as a client, you will end up paying a lot. Also, the price that attracted to do business with the firm will be different from the one that you will pay. After the addition of all costs, those firms that appear to offer better prices will end up being the most expensive.
Qualities in the Bankruptcy Attorney
As you hire a bankruptcy attorney, ensure you identify the following attributes in the lawyer: experience in the particular area of law and in your jurisdiction. You also need to look for an attorney with excellent communication skills and has openness.
It would also be necessary to get one who is time-conscious since there are deadlines for submitting or filling various documents. Besides, the lawyer should be thorough in preparations.