Can You File Bankruptcy Without Retaining a Lawyer?
Life can bring you at some crucial juncture that can leave you with no other option but to file bankruptcy. There can be various reasons leading to this. Maybe you are dealing with huge medical bills and you are broke to pay that. Or maybe you have lost your earnings and now you are struggling to carry on with your credit card bills and ends to meet. Or maybe there are plenty of unsecured debts that you want to eliminate.
In any case, filing bankruptcy can be your option. Now, when you are already dealing with the financial burden, you might feel that you want to deal with a bankruptcy on your own rather than spend money in retaining a Pittsburgh injury lawyer. But filing for bankruptcy is a complicated process and that is why you need to get help from lawyers.Mistakes on the Way of Successful Filing
When you are filing for bankruptcy, you can make some unwanted mistakes that can affect the process. For example, when you are filing for bankruptcy, you might end up filing for chapter 7 while you are underestimating the valuation of the property. Or maybe you didn’t include your inheritance in the exempt and now you are subjected to lose your assets. These situations cannot be reversed when you are filing bankruptcy. And that is why you need to avoid such mistakes in the first place. And to avoid such mistakes, you need the assistance of an experienced Pittsburgh injury lawyer.Retaining an Experienced Lawyer for Bankruptcy
Also, when you are hiring a bankruptcy lawyer, it is crucial that you hire someone who has plenty of experience in the field. Otherwise, it will be the same as doing it all by yourself.
Bankruptcy can force the sale of the property or assets. And once you have filed them in the bankruptcy process, you cannot withdraw the asset from the file. You will need the approval of the bankruptcy court to do so which is unlikely to get. Hence, you need to understand that it is a quite difficult uphill battle with a lawyer by your side.
Bankruptcy is a complicated area of law that is constantly evolving and every day something new or the other is coming up to get added. And that is why you need the help of an expert and experienced Pittsburgh injury lawyer who would know about all the intricacies of the cases involving bankruptcy and how you can get the fresh start financially that you are aiming for. Filing for bankruptcy doesn’t mean that you have to let go of your assets and properties. You can go for state and federal exemptions that can save your property while wiping off your unsecured debts so that you can get a solid footing for your finances and take care of your regular expenses for living as well as pay for the secure debts. And all of this can be possible when you are hiring an experienced lawyer.
That is why you need to come to us at Pittsburgh Bankruptcy Law Group and during our consultation, we will focus on your case offering you the right insights that can help you with the outcome you deserve.