There is a Catch 22 when considering a Chapter 7 or Chapter 13 Bankruptcy and hiring a lawyer in Denver, Arvada, Littleton, or Englewood. Many people will question the financial strategy of paying money to a lawyer when the reason they need one is because they have no money left. Here is the bottom line: if finances are tight, the only risk you can afford to take in a bankruptcy is to hire an experienced bankruptcy attorney who understands the law completely and will make sure your debts are discharged. Also, did you know that an experienced bankruptcy lawyer can help you with bankruptcy planning to maximize your exemptions? This will be your best option when facing a financial crisis in Thornton, Westminster, or Golden.
We understand. Finances are tight, relationships are strained, and desperation is high when people consider the possibility of having to sell assets or lose property in the middle of financial trouble. People may desperately try a Do It Yourself bankruptcy. This is a terrible idea unless you have an excellent understanding of all bankruptcy law and procedures. Understand that in Colorado many Chapter 13 or Chapter 7 Bankruptcy petitions that are filed without the help of an experienced lawyer are thrown out. The Colorado bankruptcy court website cautions several times that filing for bankruptcy without the counsel of a bankruptcy lawyer is not a good idea. You cannot risk what money you have left on any cheaper alternative which will undoubtedly leave you paying more in the long run.
When considering a Chapter 7 or Chapter 13 Bankruptcy, keep in mind that there are many areas in the finance and legal world that you may not know or understand. An experienced bankruptcy attorney will counsel you. Their job is to help you recover as quickly as possible. “DIY” may be a good idea for home improvements, but it is a bad idea for navigating the complex maze of bankruptcy laws and procedures. Contact experienced Denver bankruptcy attorney Barry Arrington at 303-205-7870 for your best fresh start possible.