Should you hire a bankruptcy attorney?

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Bankruptcy can be a useful tool for individuals or businesses facing financial hardship, as it allows them to reorganize their debts and start fresh. However, it should not be entered into lightly and should always be done with the guidance of a qualified bankruptcy attorney. Bankruptcy lawyers are experts in navigating the complex legal system and can provide guidance on which type of bankruptcy is best for your situation. They can also negotiate with creditors on your behalf to help you achieve a more favorable outcome. So the real question is…

Should you hire a bankruptcy attorney?

An experienced bankruptcy attorney can help you navigate the complex legal process, protect your rights, and ensure that you receive the best possible outcome. Therefore, it is highly recommended that you hire one if you are considering filing for bankruptcy.

Here, the math speaks for itself in support of having a lawyer help you file bankruptcy:

  • One in 25 people who hire an attorney is denied a Chapter 7 discharge vs. one in three who file on their own.
  • Around 91% of the 486,347 Chapter 7 cases filed by lawyers in 2017 were successfully discharged (428,097 people walked out of court debt free).
  • Around 42% of consumers who chose Chapter 13 bankruptcy and had their cases handled by a lawyer were successful, vs. 2% of those who handled their cases themselves.

The reason for these statistics is that the legal battle between creditors and consumers is becoming increasingly common as more people struggle to pay their debts. These cases often require judges to carefully consider the evidence presented by both sides before deciding.

 Additionally, an experienced attorney can also provide guidance and advice to their clients throughout the legal process, helping them make informed decisions and avoid costly mistakes. They can also negotiate with opposing counsel to reach a favorable settlement for their clients.

Therefore, it is highly recommended to hire an attorney when filing for bankruptcy to avoid any potential errors that could result in the loss of assets such as a house. An experienced bankruptcy attorney can guide you through the process and ensure that all necessary paperwork is completed accurately.

Can you file bankruptcy “pro se”?

Bankruptcy law can be complex and confusing, and an experienced attorney can help you navigate the process, avoid mistakes, and maximize your chances of success. Moreover, a bankruptcy attorney can provide legal advice and represent you in court if necessary.

This reason for the high success rates that are attained by working with an attorney to file bankruptcy is attributed to lawyers’ expertise in navigating the complex legal system and identifying opportunities for debt relief. However, it also highlights the need for reform in the current debt collection practices that burden individuals with overwhelming financial obligations.

OK, so who do you contact?

The bottom line is that if you want to file for bankruptcy, the first step you should take is to find legal representation. Remember, this can be a complex and overwhelming process, and it will bring enough stress without you having to represent yourself. There are many ways in which a bankruptcy attorney can help you, including:

  • Explaining the legal implications of bankruptcy.
  • Ensuring that all necessary paperwork is completed accurately and filed correctly.
  • Providing advice on how to rebuild your credit after the bankruptcy process is complete.
  • Offering guidance on which type of bankruptcy to file.

Weller Legal Group in Clearwater, FL, is a reputable law firm that specializes in bankruptcy cases and can provide you with these things. They have experienced bankruptcy attorneys who can provide legal advice and representation to clients throughout the area. Contact them before you file your bankruptcy case.