Why Hire a Bankruptcy Attorney?
What are the Benefits of Hiring a Bankruptcy Lawyer
Although the law does allow for an individual to file for bankruptcy without legal representation the task can be quite complex and the mistakes can be very costly. Having a certified and experienced lawyer to handle one's bankruptcy is far more than hiring someone to do paperwork. Even before the decision to file takes place there is a considerable amount of consultation and guidance that a seasoned professional will provide. Eliminating debt and protecting one's assets through bankruptcy can be done but improper actions in a complicated legal procedure can risk a dismissal or cost you assets that otherwise could have been retained. Without doubt a proven Kansas bankruptcy lawyer is well worth the money invested in ensuring that your rights are protected and that you receive maximum benefit from whichever Chapter you file for.
Some of the main reasons why you should hire a bankruptcy lawyer include:
- The extensive paperwork required. Bankruptcy proceedings involve the completion of precise petitions and forms. These must be filled out correctly and filed within defined schedules. Mistakes can mean assets lost, dismissal of the case or even raising the likelihood of creditors challenging the bankruptcy.
- Should the creditors challenge the petition or any suggest repayment plan then this can mean litigation and/or negotiation in order for the bankruptcy to proceed. The creditors will have attorneys representing them and you should have a skilled lawyer representing you as well
- This is a skilled activity with many decisions to be made. Often an incorrect or poor one can be made simply from lack of previous data or familiarity. This is when a seasoned hand and legal professional can be of vast assistance in making the right choice or taking the correct action
- You do have rights and protections. Going up against creditors and tackling your debts through a bankruptcy can be emotionally draining. A lawyer is there to ensure you are protected to the greatest extent of the law and to deal with creditors directly on your behalf.
The money you might save on attorney fees can easily be lost many times over through mistakes or poorly protected assets. For this reason and for the emotional support a qualified lawyer can bring during this process we advise that you
contact a Kansas Bankruptcy Attorney
for a consultation and advice on your financial future.