10 Reasons You Should Consider Hiring A Bankruptcy Lawyer

If you’re thinking about filing for bankruptcy, you are probably wondering whether you need a bankruptcy attorney to help you file. While working with a bankruptcy lawyer is not required, there are many reasons why you might want an attorney by your side throughout the process.

Here are 10 essential reasons you should consider working with a bankruptcy attorney:

1. A Bankruptcy Lawyer Can Advise You On The Type Of Bankruptcy You Should File.

One of your first decisions if you are considering bankruptcy is which bankruptcy type to file. In some cases, you have to qualify for certain types of bankruptcy. In other instances, there may be one that best fits your individual situation.

A bankruptcy lawyer will have a thorough understanding of the requirements and nuances of each type of bankruptcy and can help you make an informed decision about which one is best for you.

2. They Can Help You Understand The Bankruptcy Process.

Bankruptcy can be complicated, and there are many steps involved. Having a knowledgeable bankruptcy attorney to walk you through each step can make an enormous difference in understanding your bankruptcy case. Your lawyer can answer your questions and ensure you stay updated throughout your case.

3. A Bankruptcy Lawyer Will Assist You With Gathering Documentation.

The list of documents required to file bankruptcy is lengthy, at best. It can be difficult to keep track of which documents you need to provide. A bankruptcy attorney can assist you with collecting the proper records and documentation to support your case.

4. They Can Help Ensure You Keep Your Assets.

One of the biggest risks of filing bankruptcy is that it can force you into giving up certain assets, such as your property, in order to pay off your debts. A chapter 11 or chapter 13 bankruptcy lawyer can help you protect your home and other assets through the bankruptcy process.

5. Your Bankruptcy Attorney Can Make Sure Your Forms Are Properly Completed.

When it comes to bankruptcy, filling out your paperwork properly is crucial. If there is incorrect or missing information, your bankruptcy petition may be denied. A bankruptcy attorney not only provides a second set of eyes; they also know the most common mistakes and can help you avoid these errors!

6. They Will Keep You On Track To Meet Deadlines.

Like many legal cases, bankruptcy involves tight deadlines for submitting documents and responding to the court’s queries. Your bankruptcy lawyer can help you stay on track and ensure that you complete each step within the required timeline.

7. A Bankruptcy Lawyer Can Handle Your Creditors For You.

Going through financial difficulties is bad enough. Being harassed by creditors on top of your financial challenges is even worse. Luckily, if you hire a bankruptcy attorney, they can deal with these infuriating debt collectors on your behalf so you no longer have to worry about them.

8. They Can Represent You In Court.

Standing in front of a judge can be intimidating no matter the circumstances, and bankruptcy involves several hearings with court officials. Hiring a bankruptcy lawyer means you have a knowledgeable professional by your side at every meeting who can represent you and your interests.

9. Working With A Bankruptcy Attorney Will Provide You Peace Of Mind.

Filing for bankruptcy is stressful for so many reasons. Not only are you already facing financial hardship, but now you have the added worries of attending court and the risk of losing your property. Working with an experienced chapter 13 or chapter 7 bankruptcy lawyer can decrease your stress and bring you the peace of mind you need to move forward.

10. Your Bankruptcy Lawyer Can Save You Time And Money.

If you choose to file for bankruptcy on your own, you should expect to spend many hours researching to understand the process and ensure you are taking the right steps. A lawyer can save you time from extensive investigation and make sure that you are fully informed.

And while it’s true that hiring a bankruptcy lawyer is an added upfront cost – which might seem daunting if you are already under financial pressure – in the long run, an attorney can end up saving you money.

Your chances of getting your bankruptcy petition approved greatly increase with a skilled chapter 7 or chapter 11 bankruptcy lawyer, which can wipe away mountains of debt. If your case is rejected, you will have wasted two precious assets – your time and your money.

More Information

• Skilled Bankruptcy Legal Representation In Oakland, CA
• Navigating The Severity Of Foreclosure Proceedings
• The Financial Consequences Of Foreclosure
• Exploring Further Remedies To Foreclosure
• The Importance Of Expert Legal Counsel

So, Do You Need To Hire A Bankruptcy Attorney In California?

The statistics don’t lie. Working with a bankruptcy lawyer significantly improves your chances of success with your bankruptcy case…

According to a 2018 report published by the United States Bankruptcy Court (Central District of California), over 94% of filers who worked with a bankruptcy chapter 7 lawyer received a discharge. In comparison, less than 56% of chapter 7 filers who did not hire an attorney received a discharge.

If you are burdened with a mountain of debt, hiring a bankruptcy lawyer could be the best financial decision you make. Don’t struggle through bankruptcy alone — contact Lars Fuller, Esq. to ease your financial worries. Call our bankruptcy law firm in Oakland, CA, today at (408) 295-5595 to get the fresh start you deserve!