Should I Hire A Bankruptcy Lawyer To Prepare And File My Petition? What About A Legal Document Preparer? Can I File My Own Bankruptcy Petition?

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Should I Hire A Bankruptcy Lawyer To Prepare And File My Petition? What About A Legal Document Preparer? Can I File My Own Bankruptcy Petition?

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Should I hire a Phoenix bankruptcy lawyer? This is an interesting question, which comes up fairly often. And for good reason – the attorney’s fees associated with filing for chapter 7 or chapter 13 consumer bankruptcy are pretty substantial. And for those individuals already drowning in debt, it can seem nearly impossible to come up with the couple grand it will likely cost. Regardless, having witnessed the outcome of countless filings first hand, I can attest that in most cases hiring a bankruptcy attorney will pay for itself in retained assets and maximized exemptions.

Let me explain. The subtleties of the law are complex and difficult to fully grasp. I think most law students will tell you that, after 4 years as an undergraduate and 3 years in law school, they still enter the legal professional confused as ever. It is only after many more years apprenticing in their area of intended practice that things finally click. If anything, bankruptcy law is a most extreme example of this.

See, bankruptcy law is complex and constantly changing.

Furthermore, there is a degree of subjectiveness that can only be fully grasped after participating in filings within a certain district, after working with certain judges and trustees. You cannot predict what a specific trustee will allow and what they will object to without having some level of acquaintance with them.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Christopher Ariano, Ariano and Reppucci PLLC | Attorney Advertising

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