Bankruptcy law is complex and it is important to choose a lawyer carefully so that this stressful event is not made more difficult than necessary. The following steps can help you choose someone who is experienced, professional and has the expertise to help you navigate the process successfully.
• Choose an expert. It is natural to want to work with an attorney you already know and trust. Unfortunately, your family lawyer may be perfect for helping you draft trusts and wills but they may not do enough bankruptcy practice to make them experts in the subject matter. Having an expert will help you complete the process with a higher likelihood of success, and an expert will better be able to help you protect the assets you need to come out of the process in better financial shape.
• Do your homework. There are many sources to find bankruptcy lawyers in your area. If you already have a trusted family attorney, ask him or her for a referral. Many state bar associations have tools to help you find lawyers that practice in specific areas of law. Online directories will often provide lists of law practices in your area along with links to the attorney’s website. Even the old-fashioned yellow pages can be a valuable first start in your search.
• Is the attorney respected? When you have your list of prospective lawyers, try and learn about the attorney’s reputation. How many years of experience do they have? Are they considered an expert in their field? Read any information on the attorney’s website, brochures, etc. Again, a referral from a trusted family lawyer is helpful but be careful accepting opinions from online sources. Make sure you know who is offering the recommendation or criticism.
• Are the fees fair? A good bankruptcy lawyer should be like a good accountant. Ideally, both should save you more money than you spend in fees. Try and get quotes from at least three practices. If all three are in the same price range for identical or nearly identical services, you are probably learning enough. If one practice has prices that are much higher or lower ask more questions. What seems like a good deal may not be if the services you need aren’t included.
• Are you comfortable? It is vital that you are able to trust your bankruptcy lawyer. Many practices offer a free initial consultation, and if that option is available use it. A bankruptcy lawyer can’t do his or her job if you aren’t comfortable being completely open and honest about your financial situation. You aren’t looking for a new friend, but you do need someone that you believe is professional and looking out for your best interests.
These suggestions aren’t comprehensive, but they should give you a good start to selecting a
Milwaukee bankruptcy lawyer who can efficiently and effectively serve your needs.
