Bankruptcy Paralegal Services
Bankruptcy paralegals help people who cannot pay their debts. They help to liquidate assets to pay off debts or create a repayment plan. OBS bankruptcy paralegals help with drafting notions and assisting with legal research. In addition, paralegals assist with petition preparation and keeping track of all important records, and managing a petition.
We help in accurately preparing the documentation required allowing you to review and submit petitions in less time. An OBS bankruptcy paralegal will also help prepare the underlying application. By outsourcing bankruptcy services with OBS, law firms have grown and have saved up time and money. Outsourcing promotes more efficient use of hands-on resources, which can significantly increase a company’s worth. OBS paralegals help reduce extra business costs, including payroll taxes, health insurance, physical office space, and internal staffing costs.
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Bankruptcy Paralegal Services We Offer
The paralegals provide bankruptcy services with specialized assistance in the areas of document preparation, legal research, and legal support: Some of the services provided by bankruptcy paralegals at OBS are as follows:
Bankruptcy paralegals help prepare monthly income statements, schedules, and returns. Preparing proof of claim and motion for automatic residency are the most common forms of document preparation undertaken by bankruptcy paralegals. They also prepare motions, complaints against debtor discharges, and asset sales move. Moreover, they may also be called upon to prepare a brief or draft summary in favor of or against the moves. Like paralegals working in other areas of the law, bankruptcy paralegals also play an essential role in trial preparation by:
- Preparing summary proceedings
- Fitting assembling and annotating exhibits
- Incorporating factual data in easy-to-understand formats
- Making diagrams and other visual aids for use by attorneys
Paralegals can prepare and file a bankruptcy petition independently with an attorney. Although not licensed to provide legal advice, completing the paperwork related to consumer cases is within the power of a trained legal entity.
Paralegals assist lawyers in litigation matters. They research cases, draft pleadings, and manage discovery requests. Legal assistance provided by bankruptcy law paralegals includes
- Interactions with Clients: Businesses can expect to spend a great deal of time with clients during bankruptcy proceedings; debtors are worried about their lives, creditors are worried about their money, and everyone wants to see a calm, collected professional who can resolve the situation.
- Financial Documentation: All bankruptcies involve numbers, and case officers must find source documents to back them all up, as well as analyze how they fit together and their impact. affect the case.
- Scheduling: Bankruptcy is a complex, time-consuming process that requires meetings and discussions. Paralegals ensure that all the boxes are checked in the correct order and keep everyone on the same page as the process moves forward.
Bankruptcy cases are governed by federal law, and nationwide cases have the potential to set a legal precedent. Bankruptcy considers specific issues, such as immunity (assets that individual debtors are allowed to keep after filing for bankruptcy) and mitigation of stay (attempts by the debtor) secured creditors to appropriate or seize the debtor’s property). The research that bankruptcy paralegals do on these issues is essential to the rights of debtors and creditors in the bankruptcy process.
Outsource Bankruptcy Paralegal Services at Affordable Rates
Why choose OBS?
We have a team of experienced paralegal specialists whom you can rely on as these cases are sensitive. Businesses of all sizes that have trusted us and outsourced their paralegal services to OBS have grown considerably.
OBS has been the best at understanding the unique nature of each case and resolving them timely by catering to the specific requirements of the experts. Our team works together to provide customized plans for each project.
Trust and Compliance Guaranteed
As a law firm, we understand how security and compliance are necessary for paralegal cases. Clients globally have entitled their trust in us and relied on us for their tasks to be completed on time.
Saving Operational Cost
You can save more than 50% of your operational cost just by outsourcing your paralegal tasks to OBS.
OBS provides a skilled supervisor at no extra charge who is dedicated to a team working on your case. This ensures high-quality paralegal services to our clients.
Smooth Onboarding Process
From the first day of the inquiry, we put a lot of emphasis on avoiding task delays and ensuring a smooth induction. The client’s requirements are handled professionally by the team and executed promptly.
No Setup cost
Unlike the other outsourcing businesses, OBS can help you cut the initial setup cost to have your case resolved and ensure quality simultaneously. This would save clients costs by more than 50% percent from the standard market price.
Flexible Time Zones
Our team of paralegals works with the client’s timezone in flexible hours so work is not delayed and completed on time ensuring quality and efficiency at the same time.
Outsource Bankruptcy Paralegal Services for US Firms
OBS provides online outsource bankruptcy paralegal services to USA firms. If you require bankruptcy paralegal services in New York, Texas, California, San Francisco, Washington DC, Las Vegas, Chicago, Houston, Illinois, Florida, Ohio, Oregon, Nevada, San Jose, Dallas, New Mexico, Massachusetts, Boston, Portland, Pennsylvania, New Jersey, New Hampshire, Phoenix, Arizona, San Antonio, San Diego or other parts of the US or any other state in the US, you can outsource the legal service for your business with us.