ANSWERS: 1
  • Bankruptcy attorneys specialize in handling bankruptcy cases for individuals and companies. Like other attorneys, they must go through years of training and they must know a lot about the complicated process of bankruptcy.

    Requirements

    Like other attorneys, bankruptcy attorneys must graduate from a law school and pass the bar exam of the state in which they wish to practice law. They also tend to have several years of work experience specializing in bankruptcy cases.

    Duties

    Bankruptcy attorneys aid clients in deciding whether bankruptcy should be filed, what kind should be filed and what would be the best way to protect their interests. They are responsible for making sure their client's best interest are looked after during the bankruptcy process.

    Clients

    Bankruptcy attorneys can work for individuals or companies. Individuals are not required to have a lawyer to file for bankruptcy, but companies do.

    Daily Work

    Bankruptcy lawyers have varied duties from day to day. Sometimes they accompany their clients to court or to bankruptcy conferences, while other days they organize bankruptcy filings or research laws related to a specific issue in a case.

    Salary

    Bankruptcy attorney salaries can vary widely depending on experience, expertise and many other factors, but attorneys on average earn $110,590 per year. (Bureau of Labor Statistics)

    Source:

    Lawyers.com: Bankruptcy

    BLS: Lawyers

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