The Problems With Filing for Bankruptcy Alone

Everyone feels a sense of pride after accomplishing something themselves.  If you get into a financial mess, you may be tempted to tackle the situation alone. However, this is an ill-advised approach to filing. Here are a few of the problems that arise when attempting to file for Milwaukee bankruptcy without a lawyer.

Ignoring Other Avenues

When you’re struggling with debt, you’re probably looking for a way to get out quickly. Chapter 7 bankruptcy may liquidate your debts, but most experts agree that filing for bankruptcy should be the last resort. Before you file, it’s a good idea to hire a lawyer who will help you investigate possible solutions that are more favorable for your credit score.

Falling Victim to Aggressive Creditors

When you file for bankruptcy by yourself, creditors may continue to contact you, whereas they are prohibited from direct contact if you hire an attorney. Creditors may not be willing to negotiate rates and terms with a debtor, and they often assume you do not have the money to pursue a lawsuit against them.

Risking Error

Bankruptcy is a fairly complicated process that involves a lot of paperwork. When you make a mistake on your paperwork, the process will be delayed, causing additional weeks of grief and uncertainty. However, a good lawyer has plenty of experience with all aspects of the bankruptcy process, including the paperwork. By hiring a lawyer, you’ll greatly reduce the chance of error and expedite the process.

If you are looking for an experienced lawyer, contact Burr Law Office. Milwaukee bankruptcy attorney Michael Burr is dedicated to helping his clients navigate the process of filing and look to the future. If you are looking for the best bankruptcy attorneys in Milwaukee, give us a call today at (262) 827-0375 to schedule a consultation.