Filing for bankruptcy is a terrifying prospect and can be a dangerous and scary process. This is why it is imperative to hire a good attorney to help you. What constitutes a good attorney, you ask? Read below to find out. Once you know what to look for, you can begin your search for a bankruptcy attorney in Memphis, TN, or where you live, and get some of the weight of bankruptcy lifted off your shoulders. What Makes a Good Bankruptcy Attorney? • This may seem obvious, but make sure he or she specializes in or practices bankruptcy law regularly. Even if you have a wonderful attorney handling your estate and family affairs, it is probably unwise to have them handle your bankruptcy if they are not well-versed in bankruptcy law. Attorneys who do not specialize in bankruptcy law are often unfamiliar with its various complexities. If they do not effectively anticipate future problems with your case, they may make mistakes that can lead to additional court time and loss of assets. • Ensure that the attorney provides all of the services that you believe you are paying for. Here is a list of services that the fee should typically cover: consultation and analysis of finances, preparation and review of the petition, attendance at the creditors' meeting, and follow ups. Beyond the initial fee, you should look into any additional costs, such as litigation. • Your attorney should be up to date on any code changes and be familiar with local rules and trustees. You can test your attorney’s knowledge on any changes by asking how your case may be affected by them. If they are unsure, then you should probably move on to your next candidate. It is also important that they are informed about local rules because every court has its own rules and regulations about bankruptcy and, on top of that, individual trustees may have extra procedures or requirements. • Different cases of bankruptcy require different levels of expertise, so make sure that your attorney has the proper amount of experience for your case. If you have an extremely simple case, you don't have to worry as much about hiring someone with excessive amounts of expertise. Overall, just make sure that the attorney you hire has enough experience for your particular case. • It is important that you are able to effectively communicate with your attorney in a timely manner. If you contact someone and they take an overly long time to get back to you, consider finding someone else. You will be faced with a lot of paperwork and will need to communicate a lot with your attorney when you file for bankruptcy. If you have an attorney who is easy to contact, you will be able to have all of your questions answered and get the help you need in a timely manner. • Do your research and make absolutely sure that you hire a reliable attorney who isn't going to take advantage of you. Sometimes an attorney can look really good on paper because they have so much experience but, if you aren't careful, they may blow through your case without a second thought. There are attorneys out there who know how to work the system and care much more about collecting their fee and getting through the case quickly than their client's specific needs. Bankruptcy can be difficult and scary, but you don't have to do it alone. Before you hire an attorney to help you, be sure to do all of your research so you get the best service for your specific case. You know what to look for now, so you can effectively begin your search for your bankruptcy attorney in Memphis, TN, or in your hometown.
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