Describe the role of the bankruptcy paralegal. What qualifications must a bankruptcy paralegal possess in order to be successful in the field?

Question

What will be an ideal response?

Answer 1

A bankruptcy paralegal is a nonattorney who works under the supervision of a bankruptcy lawyer. Bankruptcy paralegals must be highly organized individuals who are knowledgeable in bankruptcy law and able to handle the demands of a fast-paced, document-intensive practice. Although many paralegals work as employees in law offices, others choose to work independently as bankruptcy petition preparers.

Many bankruptcy attorneys prefer to hire paralegals with some form of legal training, either a degree or certificate in paralegal studies. This ensures that the paralegal has learned the basic principles in areas of substantive and procedural law and legal ethics. Most paralegal education programs include a basic course in bankruptcy. Although these basic courses do not make one an expert in the field, a basic understanding of the bankruptcy laws and court proceedings is essential.

One of the main responsibilities of the bankruptcy paralegal is initial and follow-up meetings with clients. The paralegal should possess good people skills and the ability to communicate effectively. Paralegals may be responsible for scheduling the initial intake as well as any additional meetings during the course of representation. Assisting clients with data collection is another function paralegals may be of great help with to a busy bankruptcy lawyer. Before a petition is even drafted, the law office must obtain the most accurate and verifiable information for assessing clients' financial position, providing them with legal advice from the attorney, and preparing the appropriate legal documents. Clients need help and direction in gathering the proper forms to facilitate filing their bankruptcy. This process may take weeks or months because all clients are different. Therefore, the paralegal must develop a good working relationship with clients to guide them through the process. This might include phone calls and other forms of reminders.

Another major responsibility of the bankruptcy paralegal is the preparation of forms and documents, all under the supervision of an attorney. Bankruptcy forms are either prepared online or through the use of bankruptcy software the law office purchases.

The qualifications for an entry-level job as a bankruptcy paralegal may include:
• Possession of a paralegal degree or certificate.
• Knowledge of basic bankruptcy law and procedure.
• Knowledge of Chapter 7, Chapter 11, and Chapter 13.
• Understanding of legal ethics and the unauthorized practice of law.
• Proficiency in Microsoft Word, Outlook, and Excel.
• Proficiency in accurate typing and good spelling and grammar.
• Familiarity with PACER and bankruptcy form preparation software.
• Ability to prioritize and meet deadlines.
• Ability to communicate effectively, both orally and in writing.
• Good people skills.
• A professional attitude and appearance.