The Cost of Hiring a Bankruptcy Lawyer: Who Do You Want Handling Your Financial Future?

Learn more about the cost of hiring a bankruptcy attorney in Colorado.If you’re struggling financially and are considering filing for bankruptcy in Littleton, Centennial or Aurora, we understand that the last thing you’re interested in doing is hiring an expensive lawyer. It seems hard to justify the cost of hiring an experienced bankruptcy attorney. Resist the urge to file on your own, or hire the cheapest attorney you can find. Why? Here are a few reasons:

  • The price can be misleading. Often, cut-rate bankruptcy firms advertise a very low price that might not apply to you, or may not include services which are essential to the process. They’ll quote you a price in the beginning in order to hook you – and then follow up with unexpected fees later.
  • Often, an inexpensive attorney will outsource the work to non-lawyers, or rush and file a sloppy petition. If an attorney is poorly prepared, you could lose more money. In the end, you could surrender thousands of dollars’ worth of property or money which you might otherwise have been able to keep if you had hired a competent bankruptcy attorney.
  • Often, the lawyer’s fee can be taken out of the bankruptcy estate. For example, when you file for a Chapter 13, it is possible to include your attorney in your repayment plan. Contact us for more information about this option.

It is important to realize that when you are hiring an attorney in Littleton, Aurora or Centennial, you’re not purchasing a product. Rather, you’re enlisting an experienced bankruptcy veteran to perform a skilled service. You need to make sure that your bankruptcy is filed correctly and that you’re choosing the right lawyer. You can file a Chapter 7 once every 8 years. It’s important to get it done correctly the first time. If you try to file on your own and fail to submit the correct forms, your petition could be declined. One question to ask yourself when you are considering the cost of hiring an attorney is, “Who do I want handling my financial future?”

The cost of hiring an experienced bankruptcy lawyer to be by your side is small compared to the benefit of working with a veteran.  It is important to work with a practiced lawyer who has a thorough knowledge of bankruptcy law. Contact Centennial, Littleton and Aurora bankruptcy attorney Barry Arrington at 303-205-7870, or submit the “Get Help Now” form, and he will fight to give you the best, fresh start possible.

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