Why Hire an Attorney to File for Bankruptcy in Colorado?

Learn why it's important to hire a bankruptcy attorney to help you file bankruptcy in Colorado.
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“Why should I hire an attorney to file for bankruptcy?”

A common question I hear is: “Why should I hire an attorney to file for bankruptcy? I’m smart – I’m sure I can figure it out.” Unfortunately, this is a very narrow perspective that can get you into trouble. You see, filing for bankruptcy in Denver, Aurora, and Centennial is an extremely complicated process. There are many forms you need to carefully fill out and compile (completing these forms requires an intimate knowledge of your own personal finances and other common financial documents), and there are meetings to attend which will have an impact on your financial future. When people ask me why they shouldn’t file on their own, I point them towards the United Bankruptcy Court itself, when they say: “While individuals can file a bankruptcy case without an attorney or ‘pro se,’ it is extremely difficult to do it successfully.” Let’s take a look at the reasons why the US Bankruptcy Court advises against filing on your own.

Bankruptcy Cases Must be Handled Correctly

The US Bankruptcy Court stresses the fact that complicated bankruptcy cases must be filed correctly. Technical rules make it easy to make a mistake, and a mistake can affect your rights in court. In fact, if your case is dismissed for failure to file a required document (and there are many), you could lose your right to file another case, or could lose your right to an automatic stay with a later filing.

Your Debt Could Not be Discharged

Money and finances can be complex, and when you mix it with bankruptcy law, it can be difficult to understand. For example, you must list all your debts and property on a bankruptcy schedule when you file. But, if you forget to list a debt, it may not get discharged. Or, the judge could deny discharge of all your debts if he believes you hid or destroyed property, or falsified or lied about records. Bankruptcy fraud is a crime, and it isn’t hard to commit.

[pullquote align=”center” textalign=”center” width=”90%”]The U.S. Bankruptcy Court advises against filing on your own. [/pullquote]

You Must be Familiar with the Rules: All of Them

If you decide to file on your own, you are held to the same standards as an attorney. You are expected to follow the rules, and must be familiar with the United States Bankruptcy Code, the Federal Rules of Bankruptcy Procedure, and any local rules in the Denver area. The bankruptcy code is complex; attorneys spend years mastering its many nuances.

Hire an Affordable Attorney for the Best Bankruptcy Discharge

Filing pro se has pitfalls and dangers. Don’t add more to your plate – work with a competent lawyer to ensure you have a smooth bankruptcy filing process. 

As you can see, filing pro se has pitfalls and dangers. If you’re considering filing for bankruptcy, you are most likely overwhelmed already by wage garnishments, bills, and harassing collection calls. Don’t add more to the plate by trying to file on your own. The benefits of having a knowledgeable lawyer handle your case are immeasurable, and in the end, you may get a better bankruptcy discharge because your lawyer will know the many exemptions and how to leverage them for the best fresh start possible.

If you are considering filing for bankruptcy on your own, first, contact experienced Littleton bankruptcy attorney Barry Arrington for a free consultation at 303-205-7870. He will give you a good perspective on the benefits of filing, and the best path towards financial freedom.