Must I employ an attorney to file bankruptcy?
Full Question:
Must I employ an attorney to file bankruptcy?
01/05/2007 |
Category: Bankruptcy |
State: Alabama |
#184
Answer:
While it is not necessary to hire an attorney to file for bankruptcy, in most cases the benefits of hiring an attorney outweigh representing yourself. Keep in mind that the bankruptcy code is very complex and filing a bankruptcy petition requires a thorough knowledge of the bankruptcy code and other laws.
An experienced attorney can help you correctly list all of your obligations and help you keep as much property as possible and eliminate as much debt as possible. If you do not file the paperwork correctly or use an unlicensed, non-attorney, the problems you may face could exceed the cost of an experienced attorney.
