Is too busy to complete the appraisal

72. Is too busy to complete the appraisal on schedule. 73. No comparable sales are available. 74. Is not on the lender's "approved list." 75. Makes important mistakes on appraisal and brings in value too low. 76. Lender requires a second or "review" appraisal. Inspectors: 77. Pest inspector too busy to schedule inspection when needed. 78. Pest inspector too picky about condition of property, hoping to create work for themselves. 79. Home inspector not available when needed. 80. Inspection reports alarm buyer and sale is canceled.

The Escrow/Title Company

The Escrow/Title Company: 63. Fails to notify lender/agents of unsigned or unreturned documents. 64. Fails to obtain information from beneficiaries, lien holders, insurance companies, or lenders in a timely manner. 65. Lets principals leave town without getting all necessary signatures. 66. Loses or incorrectly prepares paperwork. 67. Does not pass on valuable information quickly enough. 68. Does not coordinate well, so that many items can be done simultaneously. 69. Does not bend the rules on small problems. 70. Does not find liens or any title problems until the last minute. The Appraiser: 71. Is not local and misunderstands the market

Seller does not appear for closing and won

53. Seller does not appear for closing and won't sign papers. The Property: 54. County will not approve septic system or well. 55. Termite report reveals substantial damage and seller is not willing to fix or repair. 56. Home was misrepresented as to size and condition. 57. Home is destroyed prior to closing. 58. Home not structurally sound. 59. Home is uninsurable for homeowners insurance. 60. Property incorrectly zoned. 61. Portion of home sits on neighbor’s property. 62. Unique home and comparable properties for appraisal difficult to find.

Removes property from the premises the buyer believed was included

40. Removes property from the premises the buyer believed was included. 41. Is unable to clear up liens against their property - short on cash to close. 42. Did not own 100% of property as previously disclosed. 43. Thought getting partners signatures were "no problem," but they were. 44. Leaves town without giving anyone Power of Attorney. 45. Delays the projected move-out date. 46. Did not complete the repairs agreed to in contract. 47. Seller's home goes into foreclosure during escrow. 48. Misrepresents information about home & neighborhood to the buyer. 49. Does not disclose all hidden or unknown defects and they are subsequently discovered. 50. Builder miscalculates completion date of new home. 51. Builder has too many cost overruns. 52. Final inspection on new home does not pass.

clients

clients, or the virtual assistant finds conflicting information that needs verified. (This is one of the benefits of using the detailed client intake forms developed by 713Training.Com. They are designed to flag potential problems so they can be solved during the initial drafting stage.)
I found that some attorneys working with a virtual assistant for the first time will have the list of questions faxed or emailed back to the law firm. A member of the staff contacts the client to obtain the information and sends it back to the virtual assistant. However, once the attorney builds a level of trust with the virtual assistant, they normally permit them to contact the client directly to obtain the information. This speeds up the process and normally results in more accurate reporting because virtual assistants are trained how to listen and obtain any additional information the clients did not reveal in their client forms.
e. Compiling a Case Cover Sheet that provides me with information about the case for specific review. Sometimes, this additional information can

With the changes in the new bankruptcy law,
the bankruptcy petition is no longer considered a data entry job.
Instead, drafting a well-detailed petition is a high-level skill.

Conducting an online criminal and civil records search for additional debts;

b.
Conducting an online criminal and civil records search for additional debts;

c.
Conducting an online real property search for additional assets;

d.
Compiling a list of questions that need addressed before the petition could be finalized;


Often this problem is created because the client intake forms were not filled out completely by the

In the past, some attorneys considered virtual assistants to be UPL violators and refused to entertain the idea of utilizing their services. They are now learning that professional legal virtual assistants are an integral part of a law firm practice.

I expanded my law firm to offer bankruptcy services

“I expanded my law firm to offer bankruptcy services. The virtual bankruptcy assistant I hired does the majority of the intake work and I usually net a profit of $901.00 per Chapter 7 case.”


c. credit counseling certificate (so the virtual assistant could verify the date and ensure the certificate was obtained within 180 days of filing);
Faxing or emailing this information to the virtual bankruptcy assistant took approximately 15 minutes.
Total time invested by the law firm so far = 55 minutes
5. The virtual bankruptcy assistant performed the following tasks:
a. Drafting the bankruptcy petition;

“Unbelievable

“Unbelievable! Within 90 days after hiring a virtual assistant,
my law firm profits increased from $7,000 per month
to $12,000 per month.”



prevent future problems and loss of important documents.
b. Making copies of the client's driver's license or other photo IDs for the file, making sure to verify the social security number is correct on the client intake forms. (This is an often overlooked step. It only takes a few seconds to verify identification and to protect the attorney from filing a fraudulent petition.)
This process took the paralegal (or secretary) approximately 10 minutes.
Total time invested by the law firm so far = 40 minutes
4. Next, the following documents were faxed (or scanned and emailed as a PDF document) to the virtual bankruptcy assistant:
a. Client intake forms;
b. 6 months of paycheck stubs (so they could be compared to the amount reported by the client on the client intake forms and utilized for the Means Test);

Matt: Who bought the company?

Matt: Who bought the company?

Dennis: It was sold to David Gonzalez, Esq. —
an attorney in Bronxville, New York. However, after
almost 2 years of operation, David's interests graduated to the corporate law arena. As you know —
corporate law is often more financially rewarding
compared to debtor bankruptcy law. In corporate law
an attorney has large businesses and corporations as

Page49

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Dennis: No. Only nine months after development, Victoria Ring (the sole proprietor) had a customer base of 56 attorneys. She was processing (on
the average) of 125-150 Chapter 7 and Chapter 13
bankruptcy petitions every week plus running the
company. Unable to find qualified people to help her,
she was unable to keep up with the workload and sold
the company so she could dedicate her time exclusively to training. That is when she developed the
company, 713Training.Com, which is responsible for
many of the experienced virtual bankruptcy assistants
working today.

A virtual assistant never leaves your side

A virtual assistant never leaves your side. They are as close
as your office or laptop computer, regardless of where you
are located in the world!


How to Increase Profits for Your Law Firm

written by http://www.713training.com