What Do I Need to Start Up My Bankruptcy Practice?
Starting your own bankruptcy practice may seem daunting, but with the right tools and guidance it doesn't have to be. This blog post will give you all the tips and tricks for starting your own BK practice.
  • legal tech
  • bankruptcy
  • law firm management
Published on Jul 22, 2020


Adding bankruptcy law to your practice can help you reach a whole new set of clients in need, not to mention grow your law firm. But before you take on bankruptcies, make sure you have all the right tools and solutions to help.


Here’s where to start when you’re looking for resources for new bankruptcy attorneys.



Software for new bankruptcy attorneys

So, how do you find the right software to support your new bankruptcy practice? You need a solution that has some if not all of the following features:


Document storage.

Bankruptcies require a lot of document gathering, editing, and updating. Use a tool that’s cloud-based so that you can access documents from anywhere. The cloud helps you ensure that documents are stored securely.


Client portal.

Make the communication and collaboration process easier with an online client portal. Use an application like NextChapter that saves you lots of time with the MyChapter debtor questionnaire for attorneys and clients. MyChapter is completely web-based, and you can monitor client's progress throughout the case management process.


Automated forms.

Save time by using a software that automatically fills out the bankruptcy petition as you move through the sections. This way, you can make sure you don’t miss any important fields or requirements when you are filling out bankruptcy forms.


CRM integration.

Your bankruptcy practice also needs to have the latest in CRM. Manage relationships, correspondence, and leads using the light CRM features NextChapter offers. Or for a complete CRM for your law firm, use Clio.


PACER notices inbox.

Use a platform that integrates and stores notices automatically. As soon as a court notice is received, it will be saved securely and the dates are added to your firm’s calendar.


NextChapter Notices organizes your court documents and helps you manage hearing scheduling. Court documents are delivered right to your inbox.


Modern communication approaches.

Finally, make sure you use a tool that gives you flexibility with communication. Modern clients prefer texting or meeting over video calls. An application like NextMessage integrates client texting so that you can remain available to your clients without giving out your personal phone number.


NextMessage also allows you to automate client texting. You can set up text reminders based on hearing dates and important due dates, and the messages will apply to all current and future cases. For example, you can remind clients a week before their Credit Counseling Course is due or a day before their 341 hearing. Your clients will never miss an event again!



These are all features you want to consider in your bankruptcy software. NextChapter is an all-in-one solution and provides everything you need to manage client relationships and streamline bankruptcy case management.



Assistance for new bankruptcy attorneys


When you’re wondering how to start your bankruptcy practice, remember there are resources available for additional support and education.


First, consider getting the help of an experienced paralegal. The Paralegal as a Service offering from NextChapter gives you the help you need, only when you need it. The expert team of virtual paralegals will step in and take over paperwork on a case-by-case basis.


Another resource for new bankruptcy attorneys is Fastcase, a leading legal research company. When you need to research the U.S. bankruptcy code, Fastcase has a host of treatises and books on bankruptcy law, no matter your knowledge and experience level. Gain access to many law journals with the latest research on bankruptcy, as well as books for bankruptcy beginners.



These resources and tools for new bankruptcy attorneys will help you start your bankruptcy practice the right way. Reach out to NextChapter to learn more about how our bankruptcy software can take the guesswork out of the filing process.