Hiring a bankruptcy lawyer in Tampa to help you with filing can see counterintuitive when you’re trying to save money or you’re dealing with financial problems. But despite bankruptcy lawyer cost, working with a professional is an essential part of protecting your opportunity to file for bankruptcy.
What are five things you should know about bankruptcy lawyer cost?
1. Bankruptcy Lawyer Cost Varies Significant Depending on Your Choices
Different lawyers charge different rates. They also offer different payment opportunities.
2. You Might Have Access to a Free Consultation
Most bankruptcy lawyers offer a free consultation to potential clients. This gives you an opportunity to get to know each other. It’s also a chance for them to evaluate your situation and determine if you qualify for bankruptcy.
3. Most Lawyers Charge by the Hour
Lawyers typically charge an hourly rate. This means the amount of time it takes to complete a bankruptcy case determines your cost. And how many hours your case requires depends on the complexity of the case.
There are attorneys that charge a flat-rate fee.
4. Some Lawyers Offer Discounts
In some cases, depending on your situation and the lawyer, you might be eligible for a discount. It never hurts to ask if the cost of filing for bankruptcy is a concern for you.
5. You Should Always Discuss Fees in Advance
As uncomfortable as it might seem, it’s important to be upfront when discussing fees with your attorney. You need to know what you’ll be charged, how you’ll pay, and when your payment is due. Never feel awkward or embarrassed to ask about a lawyer’s fees during the consultation. It’s one of the most important issues for you to address when looking for a bankruptcy lawyer.
Make sure you understand what you’re getting into before signing on the dotted line.
