The short answer to this question is yes, you can file for bankruptcy without the help of an attorney. However, there are some risks involved in filing for bankruptcy on your own. It’s always a better idea to work with an attorney instead.
In most cases, hiring an attorney provides you with the support and guidance you need to get through the bankruptcy process successfully.
Can I file for bankruptcy without an attorney?
Yes, but why would you want to? Here are some of the risks you face by filing without legal support:
Requirements and Restrictions
One of the biggest risks of filing for bankruptcy without an attorney? You may not be aware of all of the requirements and restrictions.
For example, you may not know that you need to complete pre-bankruptcy counseling before you can file or that there are certain types of debts that cannot be discharged through bankruptcy. Working with an attorney can help you to avoid these pitfalls and ensure that you can successfully navigate the bankruptcy process.
Another risk of filing for bankruptcy without an attorney?
Properly protecting your assets.
Without an attorney, you must rely on the bankruptcy court to determine which of your assets are exempt from seizure. This can be a difficult and time-consuming process. Even with an attorney, not all assets are exempt. But an attorney helps you protect what you can.
Finally, working with an attorney can help you to ensure that you receive the best possible outcome from your bankruptcy filing.
For example, an attorney can help you determine which type of bankruptcy to file and ensure that the bankruptcy process is completed quickly and effectively. In addition, working with an attorney will usually allow you to keep more of your income and assets than if you were to file on your own.
How Do You Find a Bankruptcy Attorney?
If these benefits appeal to you, then it might be worth your while to find an attorney who specializes in bankruptcy law. You can learn more about finding an attorney by contacting the American Bar Association or your local legal aid office. You can also find many online resources that can help you locate an attorney in your area.
Remember, however, that even if you do choose to file for bankruptcy without an attorney, you will still need to complete pre-bankruptcy counseling. You’ll need to meet all of the other requirements of the bankruptcy process. These requirements are in place to help you successfully navigate the bankruptcy process and come out of it with your finances intact. You must understand all that is required of you before you begin the bankruptcy process.
Get a personal estimate with the calculator below to estimate if you qualify for a Chapter 7 bankruptcy.
Are You Ready to File for Bankruptcy?
Filing for bankruptcy can be a difficult and stressful process, but it does not have to be. If you take the time to learn about the steps involved in the process and find a bankruptcy lawyer to help you, then you should be able to successfully navigate it without too much difficulty.
Remember that if you are struggling with debt, there is no shame in seeking assistance from a lawyer. You can get more tips for managing your money on our blog, so be sure to visit us often. Good luck!