This is an obvious question that a lot of people who are interested in knowing their options when it comes to bankruptcy ask. What are the charges associated with getting professional help of an attorney, its obvious that the work will not be done for free.
The answer to this simple question is answered by Mitchell Reed Sussman & Associates. The retainer amount that Mitchell Reed Sussman & Associates take for performing these services is a flat $2500, this amount is not refundable and this amount is given in two installments.
The first installment is for retaining the services of Mitchell Reed Sussman & Associates and this amount is $1000, following this the second retainer installment required which is $1500. The second retainer amount is required before the filing of the bankruptcy petition.
Included in the services are the following; Mitchell Reed Sussman & Associates will conduct a thorough assessment of the debtors payments this includes, processing the necessary legal paper work, advising the client on the best course of action and representation for the client at the creditors meeting.
Mitchell Reed Sussman & Associates representative will not make any agreement with creditors until they have discussed the pros and cons of the settlement or offer with the client.
There are a few things that the retainer amount doesn’t include, and these are motion work, adversary litigation in the court of bankruptcy and appeal work.
The terms of service are standard; however an agreement can be reached between the client and the law firm of Mitchell Reed Sussman & Associates to find a solution that works for both.
It is understandable that those who want to file for bankruptcy are not the wealthiest people in the world and the services that they will receive here are designed to meet with the requirements of the clients.
There are a lot of facts that are associated with filing for bankruptcy which require the professional knowledge of an attorney. It is always advisable to consult with a professional rather than consulting with friends and family regarding on the pros and cons for filing bankruptcy.
A lot more information about your case and the specific requirements that you have can be discussed if you contact Mitchell Reed Sussman & Associates directly via their website. This is the best approach for those that are in need of such services.