Your lawyer will know the law first. A lawyer will know if you have too much income or assets, such as it is an attempt to do the calculation for you, as required by law. I recently went into Bankruptcy, files a Bankruptcy case should never have made, because this person was not exempt income or assets.
The Trustee claimed only all those assets to creditors, because they will do when there are assets to seize. If an experienced Bankruptcy attorney had been consulted at the beginning and then they could advise a client not to file for Bankruptcy at all in this case.
The customer can save filing fees, attorney fees, administrative fees, and they have a deal to pay back debts. As it turned out the client had given away assets necessary to cover all these costs, and he had to pay back the debts in full. It would have been much cheaper than Bankruptcy proceedings in the first place and make it even worse customer assets were tied up for over a year.
Secondly you need a lawyer because the lawyer knows the Bankruptcy proceedings. Requires a lot of Bankruptcy proceedings, which are difficult for beginners to follow. A lawyer will file electronically with the Bankruptcy of special software that automatically comply with the procedural requirements of the court. I've seen a lot of the Filer 341 hearings, who did not know what they did, they made a serious error. These errors are usually delayed and continuances and some relief in Bankruptcy.
If the file is rejected, then the debt back into the game and the whole reason for filing is ineffective. Now you have to lose filing fee and you will suffer other penalties as losing an automatic stay for a year.
Thirdly you need a lawyer because if you hire one you need to get experts who know the law and procedures, but also someone who knows the managers. Each trustee is a little different and each has slightly different requirements. An experienced lawyer knows what everyone is and what everyone likes to get under the supporting documents. This will inevitably help you through the process and probably the smoothest fashion.
Finally, an attorney accompany you to someone you through the process. I am with all my clients to the 341 meeting of creditors and I am ready for all the questions that they may have about the process at any time. It helps people have less fear and worry about something that people are naturally very scary.
So there are many reasons to hire an experienced Bankruptcy attorney to help with your Bankruptcy. Also keep in mind that the lawyer is the only one that can represent you in court in the unlikely event that things go wrong. So, if you are considering Bankruptcy then hire a lawyer rather than do it yourself!
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