Ultimately, only you will be able to make the decision if you need the help of a professional bankruptcy attorney. But, we have put together some information that will help you through that decision-making process.
First, if you are struggling with debt or collection agencies, you may be overwhelmed and unsure what to do. You need to take the time to go over all available options to help you take control of your financial situation.
Ask yourself the following questions:
- What types of debt am I struggling with most?
- How did my debts arise?
- Are my debts secured?
- What are my significant assets?
- Am I under the threat of foreclosure or property repossession?
- Is there a pending action to garnish my wages or bank account?
- Have my utilities been shut off?
- What are my financial goals?
Having the answers to the questions above will not only be helpful for you to understand your specific needs, but should you decide to meet with an attorney for a consultation, this information will be vital for providing you with the necessary information to make an informed decision.
What are your options?
It is possible to file for bankruptcy on your own, with the help of a paralegal, or with a professional bankruptcy attorney. If cost is a factor, do not write off using a professional bankruptcy attorney to help you through the bankruptcy process. Before making any decisions, schedule consultations with bankruptcy attorneys. Shop around and get as much information as possible.
As with any area of the law, it is important to carefully select an attorney. You want to work with someone who will respond to your personal situation. The attorney should not be too busy to meet you individually and to answer questions as necessary. Taking time to meet with different attorneys through consultations, many of which are free, gives you valuable information on pricing and how your specific needs will be met by an attorney.
Document preparation services also known as “typing services” or “paralegal services” involve non-lawyers who offer to prepare bankruptcy forms for a fee. Problems with these services often arise because non-lawyers cannot offer legal advice. This can be a problem on difficult bankruptcy cases. They also do not offer services once a bankruptcy case has begun. There are also many shady operators in this field, who give bad advice and defraud consumers. Again, do your research and shop around!