What is a Virtual Bankruptcy Assistant?

A virtual bankruptcy assistant is a highly-skilled business owner who provides a wide variety of virtual services to bankruptcy attorneys. No longer is a law firm plagued with the time and cost to advertise, interview and train new employees. For jobs that do not require completion inside the office, a virtual bankruptcy assistant is an excellent source for law firms.

What are the advantages for an attorney hiring a virtual bankruptcy assistant?

No financial risk for the law firm. If they are not satisfied with the work of a virtual bankruptcy assistant, they are not required to pay the fee.

No overhead expenditures for the attorney (i.e., desk, chair, office supplies and employee costs). Virtual bankruptcy assistants already have established their office and use their own software.

No office politics. The majority of the time, the only contact the attorney will have with the virtual bankruptcy assistant is by email. This eliminates staff and employee conflicts which wastes time and costs money.

And many more. There are more than 100 additional reasons that law firms benefit by hiring virtual bankruptcy assistants. These are detailed in the book: How to Increase Profits for Your Law Firm.

What types of jobs do virtual bankruptcy assistants perform for bankruptcy attorneys?

Preparation of Chapter 7 and Chapter 13 bankruptcy petitions.

In the same way a tax preparer takes your information and completes your 1040 form, it requires training to learn where to place debt information in the proper areas of the federal bankruptcy forms and schedules. But once you acquire this skill, you can use it to build a profitable and long-term business career. Or, you can use the skill as a “stepping stone” to move on to other areas of bankruptcy, such as Chapter 13s and Chapter 11s.

More job ideas can be downloaded free at:
http://www.713training.com/getstarted.pdf

Do I have to be a paralegal to work for bankruptcy attorneys?

No! Drafting bankruptcy petitions is not a skill taught in law school or any paralegal course. Paralegals normally focus their duties on more advanced areas of bankruptcy law including trial preparation, appeal procedures and working on more high profile cases. In the past, drafting bankruptcy petitions was considered to be nothing more than filling in forms. When the forms were filled out wrong or were missing information, the bankruptcy court rejected the filing and the attorney and the staff inherited more work in filing amendments, motions and other legal documents to correct the errors and omissions.

Why is there now a focus on skilled virtual bankruptcy assistants?

On October 17, 2005, the bankruptcy law underwent major changes. Suddenly, the bankruptcy petition was elevated to the status of a “crucial” and important document. The new law even imposed sanctions on attorneys who submitted a bankruptcy petition with incomplete or non-verified information. Unfortunately, since a large majority of bankruptcy attorneys did not have access to skill training in this area they had very limited choices.

Learning the skill of drafting well detailed bankruptcy petitions is your key to a long-term future career.

Ask any bankruptcy attorney if they are satisfied with the petition drafting skills of their office staff and most of them will say “no.” Due of the lack of education in this area, the law office staff had to learn how to draft bankruptcy petitions from their co-workers. The co-workers normally learned from past errors and mistakes they made. Therefore, when you learn the skills to become a trained virtual bankruptcy specialist, your skills are rare and your income earning potential is endless.

Get the facts:

Download the free ebook: How to Get Started as a Virtual Bankruptcy Assistant at http://www.713training.com/getstarted.pdf

AUTHOR BIO:

Victoria Ring is a Certified Paralegal and Bankruptcy Specialist and was the first paralegal to develop the Virtual Bankruptcy Assistant field in 1999. She has also developed an entire line of training products and holds several seminars per year in drafting bankruptcy petitions. Her training materials have been approved by NALS, NFPA and the Supreme Court of Ohio for CLE credits. Additionally, Victoria Ring provides speaking and in-house training services for bankruptcy law firms. Visit her website at http://www.713training.com

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