Should You Hire A Cheap Bankruptcy Attorney?
There are approximately 170 searches on Google per month for the term “cheap bankruptcy attorney.” Given that most people contemplating bankruptcy are in financial distress, the number of people searching for a cheap bankruptcy attorney should not be surprising. However, despite the economic realities that force people to file for bankruptcy and shop for attorneys based upon price, the wisdom of hiring a cheap bankruptcy attorney deserves a second look.
We charge as little as $900 for representation in chapter 7 bankruptcy. If you hunted for the cheapest bankruptcy attorney you might find one for a few hundred dollars less, but it’s not worth risking the success of your bankruptcy by hiring the cheapest attorney. Save yourself the headache and enjoy professional representation. Call our office today to schedule your free phone consultation and get your bankruptcy started on the right track.
Cheap Bankruptcy Attorneys Can Deliver Mixed Results
Bankruptcy has the potential to discharge crushing debt and restore your financial welfare. However, the best outcome in bankruptcy is not guaranteed, and can fluctuate according to the skill and experience of the bankruptcy attorney. Unskilled but cheap bankruptcy attorneys may not be thorough in their examination of your financial situation, leading to unreported assets or transactions. Inexpensive but overworked bankruptcy attorneys may invest little time in your case, leaving you with unanswered questions and uncertainty. Just as these cheap bankruptcy attorneys took little money from you, so too might they deliver little value in return. Therefore, let’s examine the material risks of shopping for a cheap bankruptcy attorney over a skilled bankruptcy attorney.
What qualifies as a cheap bankruptcy attorney? Find out how much a Sacramento bankruptcy attorney costs at sacramentobankruptcylawyer.us/how-much-cost and start your search for a bankruptcy lawyer with a price in mind.
The Risks of Hiring A Cheap Bankruptcy Attorney
- Poor Communication. Communication is essential to a successful attorney-client relationship. Frequent and clear communication can ensure that both you and your bankruptcy attorney are on the same page. On the other hand, poor communication can leave both you and your attorney with different understandings as to the facts underlying your case. For instance, poor communication can leave your attorney with an incorrect understanding of your income, expenses, or past transactions.
- Lack of skill or knowledge. Some attorneys are cheap for a reason. One method of vetting attorneys is to look at their academic credentials. Remember, law school credentials are an objective measurement of the attorney against his or her peers. If the cheap bankruptcy attorney was at the bottom of his or her law school class, the probability of them being among the top local bankruptcy attorneys is remote.
- They’re not cheap. If something is too good to be true, it usually is. The same goes with bankruptcy attorney fees. Somehow low advertised fees never end up being that low. That “$600 chapter 7 bankruptcy” advertisement that enticed you to call is always filled with fine print, and the final fee ends up being far more than you ever anticipated. In essence, the ever-present risk of hiring a cheap bankruptcy attorney is that they are really not cheap in the end. The seemingly cheap bankruptcy attorney will quote a fee, you will agree to hire the attorney, and you will sign a representation agreement. But wait, the representation agreement will include a $306 filing fee, $50 credit report, and excluded services that cost $250 an hour. Suddenly the cheap bankruptcy attorney was too good to be true, and the sobering reality will tax your pocketbook.
Shop For A Bankruptcy Attorney That Delivers Value
Be careful when shopping for a bankruptcy attorney. Many cheap Roseville bankruptcy attorneys do not deliver the same value as other local attorneys. We’re not saying that every cheap bankruptcy attorney will jeopardize the success of your bankruptcy. Some cheap bankruptcy attorneys sacrifice their own compensation but deliver quality representation; others lower their overhead and pass their savings onto their clients. However, some bankruptcy attorneys are simply overpriced and do not deliver value commensurate with their fees. The best thing you can do is to not look for a cheap bankruptcy attorney, but a valued bankruptcy attorney. Shop around. Attend several free consultations, ask questions, clarify fees, and make an informed decision. Take the representation agreement home with you and read it. Don’t feel pressured to sign on the dotted line. Take your time. A great bankruptcy attorney will not pressure you to hire him, but will give you as much information as possible so that you can make an informed decision.
By Adam Garcia. Adam represents clients in chapter 7 and chapter 13 bankruptcy. Adam is not the cheapest bankruptcy attorney in Sacramento or Roseville. However, he is a very affordable bankruptcy attorney in Santa Rosa where many attorneys charge more than $2,000 for simple chapter 7 cases.