Most people who are considering filing for bankruptcy are looking for every possible way to save money. As a result, they think about representing themselves, which can be overwhelming and intimidating for somebody who is not familiar with the law and courtroom procedure. The other options are to hire a bankruptcy petition preparer or a lawyer.
Before you hire a bankruptcy petition preparer, it is important to understand what he or she can and cannot do for you. As the name indicates, a bankruptcy petition preparer uses your financial information provided by you to prepare your Chapter 7 or Chapter 13 petition. However, once your petition is finalized, his or her work is finished. A petition preparer is not allowed to practice law or provide you with legal advice. In other words, once your case is filed, you will be on your own.
In sum, if you want to have somebody beside you throughout your entire case, you need to hire a bankruptcy attorney. A lawyer can prepare your petition, attend all hearings with you and provide you with legal advice and guidance each step of the way. An attorney who is experienced in handling bankruptcy issues similar to yours and who has the training to anticipate any issues that may arise, can save you a significant amount of time and money.
If you are considering filing a Chapter 7 or Chapter 13, you should carefully consider all of your available options and pick the one that best suits your individual circumstances.
If you are considering filing for bankruptcy protection, call DeLadurantey Law Office, LLC, at (414) 377-0518. We believe that each client should receive the individual attention necessary to reach their financial goals. Recognizing the needs of working clients, we maintain a flexible schedule and offer evening appointments. Initial consultations are always free, and phones inquiries are always welcomed.