While the bankruptcy process is immensely rewarding and offers an incredible sense of debt relief, it does cost some money. Nothing in life is ever free – not even bankruptcy. However, the legal and court fees associated with the process will be some of the best money you ever spend. After all, by the time you finish with the courts you are completely debt-free! In order to practice sound money management skills and insure that each penny is well spent, it’s important to task your bankruptcy lawyer some responsible questions.
Questions for Your Bankruptcy Lawyer:
- What is your strength as a bankruptcy lawyer?
- What is your average client profile?
- How much experience do you have with bankruptcy law?
- How many bankruptcy cases have you handled?
- What will I be able to keep after I file?
- How will you insure that I get the best representation possible?
- Why should I hire you to represent me in court?
- How do you charge your clients?
- What rates do you charge for the service I’m requesting?
- Are rates contingent upon the outcome decided by the court?
- What can you do about my debts that won’t become solvent through bankruptcy?
- What should I be doing now before beginning the bankruptcy process?
These are just a few ideas of questions to get the thought process started. Once you start thinking about these questions, it’s highly likely that you’ll think of many more questions to ask you bankruptcy lawyer.
Asking good questions before you hire your bankruptcy lawyer is a smart money management practice that you should prioritize. Really, asking similar questions of any professional service is a good money management practice. After all, you’re the one paying for a bankruptcy lawyer; you’re the one who deserves all of the information!