Many people consider filing bankruptcy as an easy solution to a financial crisis. Whilst it can be successful in eliminating large portions of debt, it is still a difficult and complicated process, and one that cannot guarantee you the results you want. It can also be an expensive process, with the highest cost ranging at around 2000 dollars for a bankruptcy attorney. Whilst it is not compulsory to have legal representation, you are bound to suffer without their assistance, so your next option is to seek out lawyers with more affordable fees ? cheap bankruptcy attorneys.
If you are hoping for legal representation and are in the process of sourcing options, here are a few bits of information to keep in mind:
Referral services may help
Finding a great attorney through word of mouth is one of the most secure ways of knowing you have found a firm you can trust. There are agencies that specialize in referrals and can point you in the direction of reasonably priced attorneys.
Make the most of the initial consultation
Avoid committing to an attorney without first meeting them. Most bankruptcy firms will allow you a free consultation with their attorneys so consider meeting with three different firms and make your decision from there. Regardless of whether or not you use the firm, you will learn more about filing for bankruptcy in the process.
Consider a Bankruptcy Petition Preparer
If you decide to forego a bankruptcy attorney altogether, another feasibility is to hire a Petition Preparer instead. Whilst they will not be able to represent you in court, they can help with majority of the preparation process at a much lower cost. This includes all paperwork required to make your claim, which will take perhaps the most pressure off your shoulders.
It is important to consider your options carefully before proceeding with your claim. Whether you enroll in an attorney or a petitioner, taking the time to evaluate more than one assistant will help you make a better decision overall.
Source: http://www.c-electra.net/business-finance/personal-finance/how-to-hire-a-cheap-bankruptcy-lawyer
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