Filing for bankruptcy is a bold and difficult move. It takes a lot of courage and deliberation to arrive at a conclusion that filing for bankruptcy is the best course of action for you. Bankruptcy has long term financial and legal implications, hence hiring an attorney to help you file bankruptcy is a clever move. Although it is not mandated by The Administrative Office of The United States Courts to have an attorney by your side while filing for bankruptcy, having one’s assistance will help ease the whole process, while ensuring that the necessary procedures are handled effectively.
Once you have decided to file for bankruptcy, the next step is to find the right attorney who will be able to help you with all the necessary legal procedures involved. Here are a few tips to help you choose the right Colorado bankruptcy lawyer.
A good first impression
Your initial consultation with the attorney should achieve two goals- learn more about your debt situation and determine if the attorney is suitable for you. Speaking to a professional who understands your dilemma will help you figure out new ways to handle your debts. This might not always be the case, but in very rare cases, a professional will help you find alternative ways to pay off your loans without filing for bankruptcy.
If that is not possible, your attorney should be able to help you avoid common mistakes that would otherwise cost you a lot of time and money down the line .A good attorney will work closely with you to assess your situation accurately and will help make the whole process of filing for bankruptcy relatively stress free.
Settling on the price
A good attorney will always be truthful to you about his fee. Some firms advertise an extremely low fee, which might not apply to your situation or might be outright misleading. Make sure to talk about the attorney fee earlier on to prevent any confusion in the future.
Paying your lawyer a considerable sum in advance will usually result in better quality work, which can help you circumvent a number of problems in future. Trying to cut corners when hiring an attorney is a recipe for disaster, and can result in sloppy bankruptcy petition. A poorly filed petition will hardly hold strong in the court of law, thus forcing you to go through the tedious process all over again.