Legally, you can file bankruptcy on your own. You can fill out the paperwork, file it with the clerk and represent yourself with the trustee, your creditors, and the bankruptcy judge. The question is, should you?
You could spend hours combing over all the information you can find about how to fill out your forms and all the legal aspects of bankruptcy. Or you could let a bankruptcy attorney who spent years studying the law assist you in filling out the forms.
Chapter 7 or Chapter 13
A bankruptcy attorney can advise you on which chapter of bankruptcy is right for you. Chapter 7 is the most common personal bankruptcy, but if you have a lot of property you want to keep and it is considered non-exempt, your attorney can advise you if Chapter 13 reorganization plan may be best.
Other Rules of Bankruptcy
Besides just filing the best bankruptcy chapter for you, creditors meetings and trustees there are other aspects of the bankruptcy process you may not be aware of. Such as, you must complete credit counseling from a court-approved organization within 180 days before you file for bankruptcy. Also, before your debts can be discharged, you must complete a debtors education course.
Don’t go it Alone
Avoid the worry of losing your assets, meeting all the deadlines, meetings and laws required in bankruptcy and get peace of mind of having an experienced lawyer on your side.
If you make errors, you could accidentally lose your home or vehicle. Your bankruptcy may fail, and you will be out of your filing fee and have to start over, or if you misunderstand a court order, you may not ever be able to discharge your debts even if you file again for bankruptcy.
Utilizing your McAllen bankruptcy attorney years of experience, law knowledge and confidence in court is worth every penny. You will, of course, spend more than you would if you did the whole process yourself, but you may lose big in other areas such as not knowing what your legal exemptions and rights are and losing property or assets that a bankruptcy attorney could have saved for you.