Is it worth hiring a bankruptcy attorney?

Many people try to postpone hiring a bankruptcy lawyer or even attempt filing by themselves to save money. Here are 6 reasons why it saves you money to hire a bankruptcy attorney.

When it comes to hiring a bankruptcy attorney, most individuals dread the idea of spending more money during a bankruptcy process. When you are already drowning in debt, the idea of covering attorney bills can seem impossible to achieve. Many people try to postpone hiring a lawyer or even attempt filing by themselves to save money.

While this may seem like a cheaper solution, it generally can leave the filer with fewer sound options and additional expenses if they need to refile. We’ve put together a list of several reasons why it is vital to hire a bankruptcy attorney to help you through your filing process. 

Explaining Bankruptcy

Depending on your specific situation, you may find that a Chapter 7 or a Chapter 13 bankruptcy might be the best option for you. An attorney can best assess the right kind of bankruptcy based on your unique financial situation. By talking to an attorney before you begin to seriously plan or file, you can understand your options better and save yourself from wasted time and additional fees. 

A Personalized Bankruptcy Plan

If you are filing a Chapter 7 bankruptcy, a bankruptcy attorney can show you how to utilize exemptions to keep your home and most important possessions. If you are a good candidate for a Chapter 13 bankruptcy, your bankruptcy lawyer can help craft the best payment plan for your unique financial case.

Filing the Right Paperwork For Your Bankruptcy

When you’re pursuing a bankruptcy, it’s important to file the right paperwork at the right time frame. An attorney that is experienced in bankruptcy can take away some of the frustration by getting the paperwork completed and sent in before it’s due, while also making sure that your financial situation is properly represented to get you the best result possible.  

A Listening Ear Every Step of the Way

No matter how well you may understand the process of bankruptcy each case is different. A good bankruptcy attorney can help you best navigate your unique situation – but only if you share everything with them. Our attorneys take the time to get to know you, your case, and your goals to ensure that you are well informed and confident about your new path to financial freedom. We understand that not every challenge can be fit into a 5 to 9 schedule. That is why for your convenience, calls are answered 24 hours per day, 7 days per week.

A Trusted Bankruptcy Expert to Help

Filing for bankruptcy can seem scary. It can feel like you’re putting your entire financial future in the hands of someone else. By choosing a local bankruptcy attorney, you will be confident that you have an expert that is working on your side, that is communicative through every step and doing everything possible to ensure that you have the best outcome. An attorney will work with the courts, creditors, and trustees to get you the most manageable payment plan, while also ensuring you get to keep your most valued possessions.  

A Bankruptcy Attorney Shows the Courts that You Are Serious

Filing with an attorney presents an appearance that you truly are serious about getting back on the right track financially. By hiring a bankruptcy lawyer you show the courts that you are responsible and ready to do everything possible to get your bills under control through bankruptcy.  

Yes, it’s possible to file for bankruptcy on your own, but it’s certainly not a wise idea to do so unless you are an expert in bankruptcy law. These are just six of the most important reasons that you should consider hiring an attorney to help you through the process. If you’re considering filing for bankruptcy, don’t put off getting legal advice. Contact our local bankruptcy attorneys today to learn about how to make bankruptcy work for you.

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