Filing for bankruptcy is no doubt one of the most decisions anyone will make in their life. But if filing for bankruptcy is inevitable, then you must engage the service of an attorney. Although the legal fees might dig a hole in your pocket, but you are assured that this will be money well spent because it is even more expensive to go all the way alone.
The first thing you must know is that laws on bankruptcy have been reviewed radically and more strict deadlines are now stipulated. The implication of this is that on your part failure to submit correct paperwork at the appropriate time could lead to the dismissal of your case.
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Generally, the legal procedure involved in the submission of relevant documents is way out of the understanding of the layman, especially if the individual is under a lot of stress. This is why it is important to engage the service of a bankruptcy lawyer, as he or she will know how to prepare your case and prevent it from being thrown out erroneously.
And come to think about it, taking a bankruptcy lawyer might not be costly after all. Why you ask? This is due mainly to the fact that these lawyers are used to dealing with clients who are in great financial difficulties, therefore they are often magnanimous with their fees.
This however is not a license for you to go out there for the cheapest bankruptcy lawyer in town. It pays to invest in a good attorney who specializes in bankruptcy cases.
When you are done with hiring a competent lawyer, the next logical question you should ask is how to go about getting the best out of the attorney. Though it is not unheard of for people to represent themselves successfully in court, but you must be warned that it would amount to a suicide mission if you don't hire a bankruptcy attorney.
Only an experienced lawyer can be on top of things and understand all the legal verbose involved in bankruptcy cases.
Have you paused to ask why so much emphasis is laid on hiring a good bankruptcy lawyer? Are you not surprised that no mention was made about paralegals? Is it possible to hire a paralegal to prepare your documents? Yes, you can get a paralegal to review your paperwork, but this is where it all ends because he or she cannot represent you in court.
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