A new survey finds that bankruptcy lawyers are highly valued among lawyers.
But many people don’t know what a bankruptcy lawyer is.
And even if they do, they may not know how to properly evaluate their potential compensation.
The survey of about 500 bankruptcy lawyers found that the best financial advice on the job is to get a personal bankruptcy attorney.
The best financial lawyer to hire is a professional bankruptcy lawyer, said Robert W. Jones, a partner at Jones Day in Philadelphia.
The only reason a person should hire a personal lawyer, Jones said, is if it can be trusted.
But it is also important to know how that individual will use the lawyer.
That person should also look at their clients’ finances, and look for other people who might be able to help.
That’s why it’s important to find someone who is qualified and knowledgeable, Jones added.
People should also consider how much time the lawyer has to devote to the job.
Many lawyers don’t have enough time to do a thorough job.
The more time a person spends in a personal attorney’s office, the more likely it is that a bankruptcy case will go to trial, said Jeffrey A. Schaffer, a bankruptcy attorney at Latham & Watkins in Philadelphia and a former bankruptcy judge.
And people should look at the lawyer’s qualifications and experience before making a final decision, Jones noted.
You should also think about what kind of support they have and whether they are compensated well.
The financial information on a personal representative’s website is not enough to tell you if he or she has the necessary expertise and will be able take on a complex case.
You need to see that person in action.
Jones said people should also compare their personal financial situations to those of others.
For example, if a bankruptcy debtor had been working full-time, his or her credit would be better than that of a debt collector.
That should make you more likely to help someone with debt, Jones recommended.
If you are the one who has a bankruptcy, it may be hard to tell whether someone is a good person or not, Jones told ABC News.
And that’s a real problem, Jones argued.
“A lot of people don’ know that a personal financial representative will not have the ability to take on that type of case,” Jones said.
“You may be able in some instances, to save a lot of money in a bankruptcy.”
A personal bankruptcy lawyer may be hired for a short period of time, but then will be replaced by a more experienced bankruptcy lawyer who will take over the job, Jones cautioned.
If that happens, the personal bankruptcy case should be handled by the bankruptcy court, Jones continued.
And the personal representative should always take on the responsibility of monitoring the person and keeping them informed.
That includes getting copies of the bankruptcy documents and other financial information, he said.
You will be paying more than the bankruptcy lawyer because you are also going to be taking on more responsibility and doing more work.
This can be a good thing, but there’s also a downside, Jones explained.
The lawyer is a lawyer, and you’re going to need to take some risks.
It is important to be prepared, Jones advised.
“It’s very important to hire a good personal bankruptcy law firm, and not just one that is just about helping people.”