If your financial situation has gotten to the point that bankruptcy is being considered then it may seem to be a waste of money to add more debt to your situation by hiring a Dallas bankruptcy attorney, but it may in fact save you a lot of money in the long run. Many people may be thinking that they will just do the paperwork themselves and save incurring any more debt. Besides how difficult could it be? This is a poor decision to make. You wouldn’t perform surgery on yourself and you shouldn’t do your own legal work and here is why.
One of the things a dallas bankruptcy attorney will do is to protect you from all forms of harassment. If you choose not to hire a lawyer then you will have to continue to deal with the unscrupulous actions of collection agents. A lawyer will have all of these actions stop immediately. Nobody is happy about the situation you are in, being harassed on the phone and through letters can become just depressing.
Another problem with handling things on your own is that most likely your preparation will be less than that of an experienced Dallas bankruptcy attorney. If you aren’t a lawyer, then the expertise about bankruptcy law is going to be lacking. This lack of knowledge can lead to losing even more money as you go through the process. Some mistakes are going to cost fines and some things that you simply don’t know about are going to be left out. Don’t count on anyone else to look out for your rights and well being. An attorney you hire will look out for your wellbeing.
Entering into a bankruptcy without a trained attorney may be putting assets you own at jeopardy without you knowing it. There is a specific list of things that can and cannot be included in a bankruptcy proceeding. A keen knowledge of these property rights is something that only experience can teach. You may lose more than you bargained for when you enter into a bankruptcy without a trained attorney.
The procedure of a courtroom is very specific and if you are not aware of how to correctly answer questions from the judge or other parties then there is a chance that it could cost you more money and more importantly put the success of your bankruptcy at risk.
Hiring a qualified and experienced Dallas Bankruptcy attorney is going to be the best decision that you can make.