Due to the current state of the economy the demand for paralegals has risen to handle the growing number of bankruptcy cases.
Bankruptcy paralegals work with debt collectors, creditors, and clients to draft legal paperwork and oversee the legal transactions of money. They arrange appraisals, prepare for hearings, conduct Uniform Commercial Code and real estate property searches, and draft legal documents. Because assets and large sums of money are involved, bankruptcy paralegals must be very detail oriented.
Bankruptcy paralegals can obtain training through any accredited college by earning an associate's or bachelor's degree in paralegal studies. Many paralegal education programs offer courses with a focus in bankruptcy law. To increase their chances of being hired, many students are also becoming certified in paralegal work by the state they plan to work in.
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