Filing for Bankruptcy
Is Bankruptcy Filing Common?
You have the legal right to file for bankruptcy in the United States. In 2013 alone, bankruptcy was filed 1,071,932 times according to the Administrative Office of the U.S. Courts. Bankruptcy can be filed by both businesses and individuals, but the majority of filings are by individuals in debt. Consumers frequently file for bankruptcy as a way to get a fresh financial start free of overburdening debts.
Should I Hire a Lawyer to File for Bankruptcy?
If you’re in debt and seriously considering filing for bankruptcy, you can either file as a “pro se” debtor on your own OR file with the assistance of a bankruptcy lawyer. Filing for bankruptcy is a complex process, so filing without professional legal help is not recommended. The process has many potential pitfalls, even for those who are financially or legally savvy.
The bankruptcy process includes but is not limited to filling out and submitting paperwork, attending hearings, collecting financial records, analyzing financial records, and meeting deadlines. Just one, small mistake in filing can result in the dismissal of your bankruptcy case.
Hiring a bankruptcy law firm is not required but will help you have peace of mind in knowing that your case and your financial future is in good hands. A bankruptcy lawyer will be able to explain your obligations, legal rights, and options to help you make the best filing decisions.
What Are My Next Steps?
To find out if we can assist you in the bankruptcy process, contact Burrow & Associates. Give us a call at (678) 323-2394 or request a consultation today. We are conveniently located in cities around the state of Georgia in Athens, Conyers, Duluth and Morrow.