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On flat fee bankruptcy cases, the sole-practitioner increases margins by delegating the due diligence investigation and drafting of all Chapter 7 and Chapter 13 petitions to us. This not only provides the attorney with the ability to handle more bankruptcy petitions and increase his law firm profits dramatically, but also provides the attorney with time to pursue other areas of law, thus bringing in even more income for the law firm.

As an added benefit of using our services, attorneys who only have a few bankruptcy cases can avoid spending money buying and upgrading petition preparation software, which may not be cost-efficient for an office with small volume of cases.

Here is a typical example of how much time our virtual bankruptcy assistant services can save your law firm:

An Attorney may spend an average of 6-8 hours on every Chapter 7 client. This time includes:
	• Client intake interview • Due Diligence Investigation • Follow up calls to client to obtain missing data • Preparation of the bankruptcy petition • Time to review and revise the petition • Meet with the client to review and sign • Electronically file the petition and schedules • Prepare Amendments due to missing or changed information • Attend 341 meeting with client • Electronically file debtor’s education certificate
Let’s say the attorney is paid $1,200.00 for a Chapter 7. If he invests 8 hours on his time, he is earning approximately $150.00 per hour (before overhead expenses). By outsourcing his bankruptcy petition work to our experienced bankruptcy assistants and paralegals, his time is reduced to:
	• Client intake interview • Review and approve the virtual bankruptcy assistant’s work • Meet with Client to review and sign • Attend 341 meeting with client
Now, the attorney has increased his income and allowed him or herself to take care of any other business or to meet with a new client thereby building new clientele. Additionally, our virtual bankruptcy assistants and paralegals learns how to work one-on-one with you to form a long-term relationship with you, your law firm employees, and the debtors. This will help maintain consistency within all your bankruptcy petitions and further reduce the paperwork and stress which is normally present in most debtor bankruptcy law firms. Our Virtual Bankruptcy Assistants and Paralegals do not replace your office staff. They are a compliment, providing a valuable support base for your law firm.
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