So, you want to find a Cheap Bankruptcy Lawyer in Omaha, Nebraska? Ok, let’s talk about that.
If you are like me, you’re really skeptical about advertisements, infomercials, and smooth sales pitches. Of course, I love a good deal too and am entertained by these ads….because they are so ridiculous. Within the last few weeks, I heard a radio ad that was broadcasting in the Omaha and Council bluffs area from a local car dealership promising to buy your used vehicle for its original MSRP, that is, when it was brand new! Really? So, if I paid $20,000 for a new car in Omaha in 2005, you are going to give me a trade in credit of $20,000? Seriously, that is what the ad said. I listened to it carefully. Then, near the end of the commercial, a fast speaking voice said again that they would purchase the vehicle for it’s original MSRP (manufacturer’s suggested retail price) minus mileage. That was the catch! But, the first 90% of the ad sure sounded interesting and exciting. And, I suppose the ad was effective because it got my attention, but, in the end, I made a note to myself to avoid that dealership because they were just getting people that needed or wanted a new car all excited without any real intent of delivering on their tricky promise.
But wait………..there’s more! How many times have you heard that? In the Omaha metropolitan area, I have also heard a lot of similar advertisements for people looking for an attorney to help them file bankruptcy. Sometimes the ads come from companies that are not even lawyers. I have heard and seen some real whoppers. But, the real story is behind the scenes.
TOP 10 LIST FOR “CHEAP BANKRUPTCY IN OMAHA, NEBRASKA” ADS:
1. We can file a bankruptcy for you in Omaha for $300!
2. Find a Cheap Omaha Bankruptcy Lawyer.
3. Bankruptcy- Omaha, Nebraska , $299!
4. Discount bankruptcy lawyer in Omaha
5. Lowest price bankruptcy lawyer, Omaha area
6. Affordable Omaha Bankruptcy attorney
7. Bankruptcy Relief that you can Afford in Omaha
8. Omaha Bankruptcy Attorney – Low Flat Rate – Immediate Debt Relief
9. File your own bankruptcy in Omaha without a lawyer. $299 plus court costs!
10. Omaha Bankruptcy Lawyer- Lowest fees. We file more than anyone in Omaha, Nebraska
I think you get the point……these are just slick marketing ads to appeal to a person that is truly hurting financially and facing a financial disaster. I can tell you honestly, however, as someone who has practiced as an Omaha bankruptcy attorney for 23 years, that there truly is very little price difference between the various Omaha bankruptcy law firms. There is some difference, but not as much as one would expect. But when there is occasionally a significant price difference, it has been my observation that the less experienced Omaha bankruptcy lawyers charge MORE! Why would that be? Because they don’t have the process down and learning how to do things correctly just takes a lot of time and practice. And, when you make a mistake, it takes time to fix it…..if it can be fixed.
The bottom line about hiring a “Cheap bankruptcy lawyer in Omaha” is that it is just a marketing gimmick. Does that mean that all bankruptcies are expensive? No. In fact, they are quite reasonable considering what is involved. (More about that in another blog….) The first $400 or so for ANY bankruptcy goes to someone other than your bankruptcy lawyer. Specifically, the Bankruptcy Court gets $306 for a Chapter 7 bankruptcy and $281 for a Chapter 13 bankruptcy. Second, most credit reports that are designed just for bankruptcy cases cost about $30. Finally, there is a pre-bankruptcy credit counseling course that runs about $49 in most cases. This course is mandatory….you can’t file bankruptcy without it. Similarly, there is a second course which is required by law called Financial Management. You take this course after your bankruptcy is filed. The cost of this course is normally $19 per person.
Some Omaha bankruptcy lawyers quote you JUST THE ATTORNEY FEES, and do not include the above costs. So, if they say it will be $900 for attorney fees for a Chapter 7 bankruptcy, the REAL COST might be $1,300 or thereabout. Why not just tell people up front what it is really going to cost them? Answer: Marketing….. After all, you’re looking for the “Cheapest Omaha Bankruptcy Lawyer!” How much down is it for a Chapter 13 bankruptcy? Answer: Normally between $360 and $500 (sometimes higher if it is a very complicated case). The reason why the bankruptcy attorney can ask for less up front in these cases is that the bankruptcy attorney fees are paid through a Chapter 13 Plan over a period of 3 to 5 years. The average Omaha bankruptcy lawyer Chapter 13 fee runs between $3,300 and $3,800. These fees are set by the bankruptcy court in Nebraska for those attorneys seeking a quick “flat fee” for their services. There are also fee agreements where you only pay for the services you need or use.
In conclusion, bankruptcy attorney fees need to be fair and reasonable for the services rendered or else you will likely get burned in the end by someone that is unwilling or unable to provide the service and skill level that will get your case done right the first time and done quickly. The best bankruptcy advice that I can give anyone is to actually go personally and meet with several Omaha bankruptcy lawyers and determine for yourself who makes the most sense. Obviously, the total cost of the bankruptcy is absolutely a factor in your decision making process. However, most people are surprised to find out that the best choice for a highly skilled Omaha bankruptcy lawyer is not more expensive than the other guy.