People across the country face financial hardship every day. When they do, they understandably seek out any solution to lighten the load. One of these solutions is bankruptcy.
If you’re considering filing bankruptcy, you’re probably wondering if you have to have an attorney. The truth is that you don’t have to have one to file, but it’s definitely something you should consider for the following reasons.
Bankruptcy Might Not Be the Right Solution
Many people view bankruptcy as an end to financial woes, but it can actually have repercussions for years to come. In other words, it might keep you in hot water for a while.
Before you start filing, it’s important to have an attorney look at your case. They’ll let you know if it’s a good solution, explain the process and what to expect, and provide any other recommendations if bankruptcy isn’t a good choice.
There’s More Than One Type
There is no one size fits all approach to bankruptcy. Instead, there are several different types of bankruptcy that can be filed, and your specific situation will determine which one you need. A bankruptcy lawyer can assess your situation to determine which one – if any – you should file.
Attorneys Know the Law
Bankruptcy involves many laws and regulations, some you might not discover until you’re right in the middle of it if you do it on your own. Having an attorney that is well-versed in bankruptcy law Orlando-specific helps take the guesswork and surprises out of the equation.
If you choose, you can always file for bankruptcy on your own. However, as bankruptcy is such a big decision, it’s better to have a lawyer on your side throughout the process.