Three Reasons Why You Should Have A Lawyer Prepare Your Bankruptcy Case

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The web is filled with legal self-help services that claim to make filing for bankruptcy seem like a relatively simple procedure that anyone can do. However, while you may be able to find and submit the forms, having a bankruptcy lawyer guide you through the process is the best way to ensure that you get the debt relief you're after. 
Here are a few reasons why seeking out the services of a professional is the best thing to do when you are considering filing for bankruptcy. 

  • Legal Expertise: Document preparation services and online tools can type up your petition, but that is as far as they can legally take you. These services cannot provide you with the legal advice you need to successfully file for bankruptcy. A bankruptcy lawyer will go through every aspect of your financial situation with you, helping you to avoid the mistakes that could result in losing valuable property or creditors filing a claim against you.

  • Guidance In Filling Out Forms: Bankruptcy forms and paperwork can be incredibly complicated. They will require information that you don't have on hand or can't easily access. Even minor filing mistakes will expose you to liability, or cause your petition to be rejected outright. A bankruptcy lawyer is trained to prepare your petition so that it's both completely error-free and has the highest chance of being successful.

  • An Understanding Of The Issues: The issues raised during the bankruptcy process cross over into all areas of the law, such as taxes, inheritances, and personal injury claims. Determining how your petition will impact every area of your life requires the expertise of an experienced bankruptcy lawyer. Most consumers do not possess the legal skills or knowledge to navigate such delicate financial matters.

  • Proper Timing: While you may want immediate relief from your debts, it's important to time the filing of your case correctly so that you can maximize your benefits. If you file too late, you could miss your chance to recover some assets lost to repossession or garnishment. On the other hand, rushing to file the case could cause you to lose assets you could have saved for financial support, such as an inheritance or a tax refund.

For over 35 years, I have provided compassionate services to clients dealing with even the most complex financial issues. I understand how confusing and intimidating the bankruptcy process can be, which is why I am committed to guiding my clients every step of the way. Call (203) 757-3437 to schedule a consultation with a real bankruptcy lawyer today.