While you can file bankruptcy without an attorney, it can be very challenging. Mistakes made while filing can lead to your bankruptcy being dismissed when if filed properly you may have received a clean slate. Here are some common mistakes made when filing without an attorney.
Filing The Wrong Kind Of Bankruptcy
Chapter 7 or Chapter 13? This question may seem simple on the surface, but the one you choose needs to reflect your income and assets. A bankruptcy attorney can assess your situation and offer the best advice on whether Chapter 7 or Chapter 13 is best for you.
Mistakes On Your Bankruptcy Filing Paperwork
There’s a document called a “voluntary petition” that stands as the record that you’re filing for bankruptcy. However, there are many other forms you’ll need to fill out and there is other paperwork to submit. Making a small error or leaving out a minor detail out could delay your case. If it’s a serious error, then your case could be dismissed entirely.
You Could Lose Property or Assets You’re Entitled To Keep
If you end up choosing the wrong exemptions, then you may lose property you actually have a right to keep. There is property that can’t be touched because of exemptions – your attorney can help you keep your assets, including your home and car.
At King & King, we understand that your finances are a concern. We can help you move forward from your debt and give you the fresh start you need. Call King & King at 404-524-6400 today for a free consultation.