Eliminate Debt Central

When an attorney is providing you his or her expertise and advice, you should expect to be charged for the time that an attorney expends on your behalf because this is how he or she gives you the benefit of their counsel and experience.

You should keep in mind a Michigan bankruptcy attorney is an expert who is assisting you to resolve a problem or prevent a potential problem.  Although what they may recommend may not make sense it is their knowledge of the law and experience in court cases and bankruptcy specifically that could save you money or in the worst case jail time.

A lawyer’s fee may be negotiable despite the importance of fees to both parties, consumers rarely choose a lawyer based on price, yet it is important to remember that bankruptcy attorney fees are often negotiable. Attorneys are typically required to list the name, address and phone of the fee secretary and to advise you that you have 30 days within which to choose the fee arbitration alternative. If an attorney is unwilling to put a fee agreement in writing, cross that attorney off your list. Some states require written fee agreements for most cases. Ask your attorney to include in the fee agreement a provision for periodic, itemized billing. Often times, an attorney will be willing to reduce their fee if your case is exciting or if you have a lot of damages pending. If an attorney wants your business, they are usually inclined to negotiate a lower fee.

Once you have agreed upon the attorney fees, it is important to discuss how your attorney will be paid and how you will be billed. Generally, it is a good idea to ask for a monthly statement that details the attorney’s billable work. If an attorney quotes you a $500 retainer but refuses to quote a maximum fee, you probably should go elsewhere.

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