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Bankruptcy litigation is complex at times. For this reason, it is imperative that an attorney be sought with the utmost care. Some examples of serious mistakes involved in choosing an attorney might be those decisions that are not well thought-out. For example, if you were choosing an attorney to handle a serious legal issue, you would consider serious counsel. On the other hand, if you are dealing with a minor legal issue, it might be more important to choose an attorney who is acceptable, but who also fits into the particular scope and budget involved in the project.
Such is the case with many corporations who bid out project and at times pit their prospective new law firms against each other head to head in an effort to keep fees competitive and the hourly billing rates for such attorneys at levels that are acceptable for the corporate budge involved with certain projects. Just like you would carefully review the history of a prospective employee, marriage partner, or baby sitter, you want to carefully vet any attorney whom you hire to handle legal issues of your situation. On the other hand, if you have a complex legal issue, are facing foreclosure on an asset, and are concerned that your particular and unique set of debt circumstances might be more than a young attorney could handle, then consider going for the more experienced attorney. Such is the case when firms and individuals alike hire the likes of Fraser Beatty. The solicitors and attorneys and barristers are in a position to provide excellent legal counsel at a rate that varies by attorney and can be tailored to meet the specific needs of the project.
With both consumer bankruptcies as well as business chapter 11 bankruptcies handled at the firm, you can rest assured that your debt issues will be carefully weighed and your best legal needs, best financial needs, and best overall needs for your family or your business will be cared for. This is not always the case with a law firm. For example, some law firms might see a particular individual come into their office who is on the borderline of qualifying for a chapter 7 bankruptcy. Due to being slightly over the median income that would qualify the individual for a chapter 7 bankruptcy, it might be the inclination of some attorneys to jump right into a chapter 13 bankruptcy which provides more money in fees to the attorney. Such is not the case with an attorney who is looking out for the best interest of the client. A chapter 7 case might be much more suited to a client in this particular situation and so the options need to be weighed carefully and not simply entered into in a manner that provides the best compensation to the attorneys at the law firm. Take the example of a bankruptcy attorney in dallas. If you hire a new attorney, you might receive rates that are more competitive than one who is the head of the bar association, holds many accolades and charges steep legal fees.