Choosing a good bankruptcy attorney is vital – the rest of your financial life depends on it. We’ve always said that when bankruptcy and surgery are concerned, it’s better to get it right the first time. Here are some tips for choosing a good, reliable bankruptcy attorney.
1. Sooner is Always Better Than Later
Don't procrastinate. The idea of hiring a bankruptcy attorney has all the allure of going to the dentist. But this should not prevent you from beginning your investigation for a good lawyer as soon as you know you're going to need one. Waiting too long won't give a good attorney enough time to adequately prepare your case. And it could give creditors an upper hand on you.
2. Don't Hire the Cheapest Lawyer
Obviously, if you’re looking for a bankruptcy attorney you don't have a lot of cash to spare. But like most things in life, you usually get what you pay for. You want a lawyer who knows the system, and who will do the best job of representing your interests. That may end up costing a little more. Anybody who charges too much or too little probably shouldn't be your lawyer of choice.
3. Stay involved. This a Team Effort.
Once you hire a lawyer, don't be content to let him or her handle it alone. They need your assistance to get the best outcome possible. Double-check all filings. Answer the lawyer’s questions as soon as possible. Did any of your creditors get dropped off the list? Staying on top of your bankruptcy filing will help ensure that the proceedings go smoothly and that you get the best result possible.
Following these Top 3 Tips should get anyone through a bankruptcy and lead them to a new financial start!