If you are overwhelmed in debt and believe bankruptcy can give you financial relief, you should consider hiring an experienced bankruptcy attorney. You may be tempted to save some money by representing yourself in court. While this may seem like a good idea since you have so many other bills, the property, and money you could lose by not having experienced representation can be greater than the attorney fee.
Do yourself a favor by hiring an attorney that has experience with cases similar to yours to get the most debt eliminated while keeping as much of your property as possible. Bankruptcy laws can be complicated, with timely filings, meetings, court dates, and making sure the paperwork is filled out correctly.
Your attorney will look at your assets, liabilities, and sources of income — and other debt such as child support, alimony, and taxes. Where you live will also determine what type of exemptions you can claim and how your income relates to your region. If you have significant assets such as a home or other property, you will want an attorney to ensure you do not lose your home to your creditors.
Don’t Lose Assets
The money you save from representing yourself can pale in comparison to the money and assets you could lose by not knowing the law. A bankruptcy attorney studies the law and keeps up with the current rulings and changes in the bankruptcy law.
If you would like to discuss your options during bankruptcy, contact a Dallas bankruptcy attorney today.