Filing a Chapter 7 Bankruptcy In Chicago can be a very streamlined and effective process if clients understand what is entailed and how to keep costs down.

Many Chicago attorney and law firms in Cook County, Lake County, And Dupage offer a level of service for Chapter 7 which may include hidden fees and other surprises that an already financially strapped client may not expect.

A client who decided on doing a Chapter 7 Bankruptcy is probably already inundated with tens of thousands of dollars in credit card bills as well as a potential foreclosures that place a great amount of emotional toil. To add insult to injury by having an Chicago attorney advertise one fee for services than continue to charge a client for additional services is not something to be taken lightly.

Seven out of ten clients that usually see a Flat Fee Bankruptcy attorney have already been to another firm and have walked away because they weren’t who they said they were when it comes to the price quoted to them on the phone or advertisement

The most effective way in earning a client’s trust is by charging them a flat fee upfront regardless of the amount of work that needs to be done in Chapter 7 Bankruptcy Filings. The key is to really understand from an attorney’s perspective the amount of work that needs to be done which is usually based on the amount of debt or other circumstances a client has.

A client that comes in with $20,000 in debt and no real estate would have a different Flat Fee based on estimated time and interaction with bankruptcy trustees than a client who comes in with $200,000 in credit card debt, 2 properties in foreclosure, and a recently repossessed car that needs to be returned.

Technology is the main reason Chicago attorney can charge a flat fee and still make a profit without gouging an already financially strapped client. Three years ago before filings went online, petitions had to be filed directly at the court building sometimes waiting in line over an hour to see the clerk.

This is billable time that can now pass down to the client as the system has become more efficient and provides lower fees to a client,. The goal of this model is for the client to know exactly what to expect before they walk through an attorney’s door.

Besides technology a smaller law firm that focuses exclusively on flat fee bankruptcies and does not need to compete with the big law firm that spends $50,000 a month in advertising can keep overhead down and pass the savings on to a client providin the same level of service as the big firms

There is no status in over paying or hiring an attorney just because they advertise in larger media outlets and have an office on the 50th floor in some Chicago high rise.

For more information on Flat Fee Chapter 7 Bankruptcy In Chicago, please visit http://www.bankruptcychicago.us

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