How Do You Choose a Bankruptcy Lawyer?


Quick Answer

It's important to choose a bankruptcy lawyer who charges appropriate fees, who is a bankruptcy expert current on bankruptcy codes, who does not work for a bankruptcy mill, and with whom you feel comfortable working, advises Bankrate. You should not hire a bankruptcy lawyer based solely on low fees or convincing advertisements.

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How Do You Choose a Bankruptcy Lawyer?
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Full Answer

When choosing a bankruptcy attorney, avoid those charging very low prices compared to other lawyers, as that is a sign the attorney is inexperienced or cuts corners, advises Bankrate. An agreement with a bankruptcy lawyer should include consultation and analysis, paperwork preparation, attendance at meetings with creditors and follow up. Choose a bankruptcy lawyer with specific experience in that field, and make sure the attorney is knowledgeable in areas such as the Bankruptcy Abuse Prevention and Consumer Protection Act.

Avoid law firms that handle large numbers of bankruptcy cases in short periods of time with little regard for the quality of their work or case outcomes, as these are considered bankruptcy mills, notes Bankrate. Not meeting a lawyer in the initial consultation and attorneys who handle very large caseloads at one time are signs of bankruptcy mills. You should feel comfortable on a personal level with the bankruptcy attorney you choose, as filing for bankruptcy can be an emotional event.

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