Thursday, April 10, 2014

How Does a Seattle Bankruptcy and Foreclosure Attorney Charge?

Declaring bankruptcy could be one of the worst things that could happen to you. Everything else could turn bad as well if you don’t know how to handle it properly. Bankruptcy usually precedes foreclosure of your properties. You can be declared of bankruptcy and still get the chance to fight against foreclosure. What you will need now is the help from a professional. In this case, you may need to hire a Seattle bankruptcy and foreclosure attorney.

The biggest concern,  of individuals right now, is how to pay the attorney for the services offered. There are several ways in which an attorney handling bankruptcy and foreclosure cases can charge you. Read through to know more about it below.

Flat rates

Some lawyers ask for a specific amount for their professional fees. This rate will be all there is a client needs to pay. No matter how long the bankruptcy and foreclosure case is going to run, the client will only pay for a fixed rate. When you pay for flat fees, your lawyer will do everything for you to represent you in a bankruptcy and foreclosure case. The attorney has to make sure that he covers everything from start to finish, with the fixed price rate. Paying for a fixed rate is common for clients that are represented by the lawyers in this field in the industry.

Hourly fees

Some attorneys handling bankruptcy and foreclosure cases are paid by the hour. They usually set a small amount that the client should pay for every hour that the attorney renders service to them. In this type of payment, you may be paying too high if you require the lawyer to work long hours for you. However, if you find the best kind of lawyer, you may not have to spend much because the lawyer can process everything in he shortest time possible. Although an expert can do things quickly, they are still able to manage everything with quality.

Free charge

What the community doesn’t know about is that there are lawyers and law firms in Seattle that offer free legal advices on bankruptcy and foreclosure issues. You can actually ask them anything that is related to your bankruptcy or foreclosure case. However, they can only offer you legal advises. They won’t be able to represent you fully and handle your case. They won’t be able to do the actual filing of documents. Even the slightest act of giving you advices can still help you move forward. The lawyers can guide you, especially on how and when to start. That alone will be a good stepping stone for  you to manage your case.


In most cases, the client is in dire need of representation, but is not able to pay for services in an instant. Some Seattle bankruptcy and foreclosure attorney will not ask for a money down. Instead, they offer their services by the time the client needs it, even if they are not paid yet. However, the client should settle his or her dues in installment basis. In that way, the client can still have a longer time to adjust and find a way to save up funds to cover the fees.

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