Anyone considering filing for bankruptcy should hire a Naperville bankruptcy attorney from day one. The legal process is complex, and making one mistake like missing a filing deadline can have serious implications. Keep reading to learn more about why it’s always a good idea to hire a lawyer when filing for bankruptcy.
Successful Debt Elimination Rates
The #1 way to improve the odds of a successful bankruptcy is to hire a lawyer. Those who represent themselves during bankruptcy procedures have lower success rates and walk away from the process with unresolved debt.
Lawyers Know the Best Bankruptcy Option
There are three kinds of bankruptcies, Chapters 7, 11, and 13. Understanding the differences between the three types is crucial. Choosing the wrong one could cause future financial strife. Attorneys look at their clients’ financial situation and make recommendations based on the facts, the amount of debt, the ability to repay, and other factors.
Lawyers Are Time Savers
No one wants to go through the bankruptcy process any longer than necessary. Hiring a lawyer helps people move from point to point faster and keep their case moving forward. Lawyers have a team that files paperwork, gathers information, and keeps everything moving in a timely fashion.
Get Set up for Success
A successful bankruptcy isn’t one that merely eliminates debts. It sets the person up for future financial success. Hiring a Naperville bankruptcy attorney from day one is the best way to do this. To schedule a consultation with an attorney, contact Covert Marrero Covert, LLP, online at https://www.covertlegal.com/.
