Bankruptcy Lawyers to Avoid Bankruptcy Mills – Welcome to Cattle Call! Bankruptcy Mills are firms that file large numbers of bankruptcy cases by using their staff to do most of the work. Attorneys spend very little time, if any, with the clients. Going to a Bankruptcy Mill is like cattle call. Don’t kid yourself—you are the cow. You are there to make them money. Your case is just as plain and ordinary as the next “cow” in the waiting room. Your facts will be made to
Bankruptcy Fees and Price Shopping Let’s assume you have a brain tumor. You need to find the best surgeon to perform a life saving operation. What is your first step? Do you pick up the phone and call all the brain surgeons in town and ask what they charge for an operation like yours? Can you imagine what kind of answer you would get if you made that call? But hey, if you feel comfortable hiring the person who is going to save your life
The craze in the world of Bankruptcy these days seems to be attorneys offering to file a case for you for little or nothing. When I drive to Birmingham I always see signs for bankruptcies beginning at $599 or Internet adds for $629 or $999 total. As an experienced bankruptcy lawyer, I know that there is always a “catch” with these ads. Either the ads are only disclosing the attorney fee and not the almost $400 in expenses that must be paid or there are
WHICH TYPE OF BANKRUPTCY IS CHEAPER? CHAPTER 7 CASE Overall, a Chapter 7 case is the cheapest form of bankruptcy. It is generally over in 4 months. You pay your attorney fee and costs up front (some attorneys provide a payment plan but all fees and expenses must be paid prior to filing). The first $400 (approximately) of the money you pay is for expenses. CHAPTER 13 CASE A Chapter 13 case will allow you to get into bankruptcy for a much smaller up-front investment.
Although it may be strange to think of it this way, when you are looking for financial advice you are shopping. You are shopping for the best advice, the most knowledgeable lawyer, someone who makes you comfortable and understands you and your finances, and yes, you are shopping for the best price. What is the best price? Is it the lowest fee you are quoted? The answer to the question of what is the best price depends on many factors. When comparing fees you should