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Virtual Bankruptcy Assistant (VBA)

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Bankruptcy Petition Rates
Virtual Assistant Rates

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Bankruptcy Client Intake Forms
Bankruptcy Client Checklist

 

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Virtual Bankruptcy Assistant
Serving Attorneys Nationwide

Save Time and Increase Profits for Your Law Firm by Outsourcing your Bankruptcy Petition Preparation.

Millennium Virtual Services specializes in providing highly detailed and accurate Chapter 7 and 13 bankruptcy petitions for our clients.  By utilizing our service you can eliminate 75% or more of the time currently spent by your law firm preparing your bankruptcy petitions. 

Why Hire a Virtual Bankruptcy Assistant?

Utilizing a virtual bankruptcy assistant is similar to a secretary, paralegal or temporary employee only your virtual assistant works remotely instead of in your office.   A virtual assistant will assist you in keeping your office running smoothly, allowing you and your office staff more time to attend to more important tasks. 

The example below shows the estimated time that can be saved by outsourcing your bankruptcy petition preparation:

 

Attorney A (in house)

Attorney B (outsourcing)

Client Intake Interview

1 hour

30 minutes

Document Preparation

1 hour

0

Drafting of Petition

2.5 hours

0

Phone Calls/Follow up

3 hours

0

341 Meeting

30 minutes

30 minutes

Total Time  Spent

8 hours

1 hour

 
Assuming both attorneys charge $1200.00 for a Chapter 7 petition.  Attorney A and his staff spend approximately 8 hours per debtor, giving him average hourly earnings of $134 before expenses.  Attorney B and his staff spend an average of 1 hour per debtor.  This increases his average hourly earnings almost 900% to $1200 per hour before expenses. 

As you can see, by outsourcing to an independent bankruptcy petition preparer you not only save money, but you also:

  • Eliminate petition preparation time.

  • Eliminate client intake time for many of your clients.

  • Relieve your office staff from the heavy workload they are currently under.

  • Reduce overhead costs, reduce the need for additional office staff and maintain tighter control of your budget.

  • Receive efficient and consistent preparation services as you and/or your appointed staff member works one-on-one with your petition preparer. 

  • Reduce unnecessary client phone calls to your office.

 Millennium Virtual Services works with you to provide you with the petition preparation services you need.  Whether you're a new attorney or a well-established attorney you'll find our petition preparation services will provide you more time to achieve your goals for your practice, as well as saving you money and increasing your bottom line.

Our services include but are not limited to:

  • Chapter 7 petition preparation.

  • Emergency Chapter 7 petition preparation.

  • Chapter 13 petition preparation.

To maintain due diligence and ensure the most accurate petition we can prepare our services include:

  • Initial preparation of the bankruptcy petition.

  • Any Federal and/or local forms required for your district.

  • Preliminary input of all schedules.

  • Online Lien search.

  • NADA or Kelly Blue Book search for market values.

  • Online search of criminal and/or civil records if necessary.

  • Client follow up to obtain missing information and/or clarify information as needed.

  • Correction of forms after final review by attorney.

  • Preparation of wage garnishment letters to employers.

  • Storage of your records as both hard copy, as well as on CD.  At the end of each year you will be provided a CD with all of your client files for your records.

For additional information o to get started on your petitions, call Millennium Virtual Services at 517-518-9538 or email us at esther@millennium-va.com .  For your convenience our free Client Intake Forms and handy checklist are available for download below.

Client Intake Forms

Client Checklist - This handy list will help ensure your client provides all the documentation necessary to process their bankruptcy petition.

DISCLAIMER
Millennium Virtual Services is not a law firm nor are we attorneys.  We do not provide any legal advice to viewers, clients or any other person(s).  Millennium Virtual Services does not advise any person as to their legal rights, remedies or obligations under the laws of the State of Michigan.  We only provide services for licensed attorneys and each service is performed under their exclusive direction.