Clients who come into my office often ask, “Do I need to hire a bankruptcy lawyer in Elyria?” The answer to that question is up to you. Bankruptcy lawyers, especially the ones who know what they are doing, are expensive. Overall the total cost to file, even if you hire the most expensive bankruptcy lawyer, is going to be less than your total minimum payments per month on all the bills you will be discharging.
The doors to the court house have always been open regardless of whether you can afford a lawyer. Not so in the hospital. If you need your appendix out do you really need a surgeon? Just walk into the hospital, and go to an operating room. When they ask you what you are doing there just tell them, “I want to use the room and these tools.” If they don’t throw you out, the police will come and take you away, maybe to another part of the hospital. You will just have to go home, get a sharp knife, pliers, a needle, and thread. Maybe you will get it right. Sound smart?
There is nothing to stop you from filing your own case. Anything legal is just a big game of show and tell. In school that was my favorite class. That’s all a bankruptcy petition is, except for the parts where you have to understand the law to do it right. These parts are the very ones that have convinced many veteran attorneys to find a new line of work because they are so complicated:
- Schedule B. what property is properly part of the estate.
- Schedule C, what laws apply to your property to allow you to keep it.
- Means Test, do you even qualify for the bankruptcy you want? This form is amazingly complicated, and changes each quarter.
Done correctly the world is full of roses, debt freedom, and other wonderful things. Screw this one up and at best your case will be dismissed. At worst the bankruptcy trustee will take all your property, sell it, and give the money to your creditors after keeping a chunk for himself. Try explaining that one to the wife because you didn’t want to spend a little under two grand to get it right. There is a bright side to all this. In the depth of misery, think of all the money you saved.
Betting the bankruptcy judge will protect you? Buy a lottery ticket. Your chances are better. When you choose not to hire a bankruptcy lawyer you are presumed to have all the knowledge of the seasoned attorneys in the courtroom. Sure the judges will be kind, respectful and understanding. However, they are each bound by the law. If you can’t get it right they can’t help you.
When you plan to file bankruptcy, you need to plan to do it right. You need to hire a bankruptcy lawyer in Elyria. You need to hire the best bankruptcy lawyer in Elyria you can. It can be hard, expensive and very worth it.