Technically, a person can file for bankruptcy without the assistance of an attorney. But why would you want to? The small amount of money you may save by not hiring an attorney may be easily outweighed by the costs and delays involved with taking the DIY method.
Here are five reasons why hiring a bankruptcy attorney should be considered an investment rather than an expense. Remember to contact Winterbotham Parham Teeple, a PC by calling 800.400.9000 today.
- Your Time Is Valuable.
- You’ll Know You’re Making the Right Choice.
- You Can Ensure Your Property is Protected.
- You Will Avoid Errors Or Omissions That Could Be Considered Fraudulent.
- Your Case Will Complete Smoothly and Without Delay.
Bankruptcy law can be complicated. Why attempt to become an authority on bankruptcy law when you can simply call an experienced attorney for help? The lawyers at Winterbotham Parham Teeple, a PC are already acquainted with the filing procedures and the criteria you need to meet for each type of bankruptcy. Filing for a bankruptcy you don’t qualify for could result in the dismissal of your case or even put your assets at risk of liquidation!
We’ll handle all the paperwork for you and ensure it’s done right the first time. When you compare the several hours of your own time needed to finish everything with our reasonable pricing, you’ll see that using our services is a good investment.
Winterbotham Parham Teeple, a PC can help you choose the bankruptcy option that’s right for your situation. Using our comprehensive understanding of the California Means Test, we can assess your eligibility for Chapter 7 or Chapter 13 bankruptcy to make sure you are proceeding with the option that gives you the best relief for your specific situation.
When you file for bankruptcy, you must list your assets so the court can determine if they are protected. Depending on your assets, you must choose which set of California Exemptions to use to protect your personal property. We can help you choose the appropriate set. Failure to use the exemptions correctly could result in the court selling your assets to pay your creditors. Likewise, you may be in a situation where some of your assets cannot be protected. A reputable bankruptcy attorney can help you determine how to protect your assets and discuss your options in the event some of your assets could be liquidated in a Chapter 7. Regardless of which bankruptcy you need to file, if you wish to maintain your home and car while filing for bankruptcy, a qualified bankruptcy attorney can also help you understand how to manage your mortgage or car loan.
When filing bankruptcy, it is important that your bankruptcy petition is complete and accurate. Omitting information from your petition or misstating income or assets could result in fraud allegations and further investigation by the United States Trustee. This could delay the completion of your case and could even result denial of discharge, fines, or jail time if convicted. Working with a lawyer can be advantageous since we review and prepare your documentation based on accurate evidence of your finances, review the case for any red flags, and ensure that your petition is immaculate, so your case moves forward smoothly.
Since your petition is submitted completely and accurately when you retain a competent bankruptcy attorney, you can rest assured that your case will conclude on schedule. Incomplete bankruptcy filings, inaccurate schedules or missing deadlines can result in the delay or even dismissal of your case. If your case is dismissed due to a missed deadline or improper filing, you may be forced ot refile or petition the court to reopen your case. Both scenarios would incur additional cost and delay the relief from your creditors you may desperately need. Hiring a bankruptcy lawyer gives you the peace of mind to know your case is being handled competently and will complete on schedule. To learn more about working with Winterbotham Parham Teeple, a PC, call 800.400.9000 immediately.