Bankruptcy attorneys are lawyers who specialize in bankruptcy law. Skilled in this area of law, they work with those individuals and companies who believe that declaring bankruptcy is in their best interests. It is a bankruptcy attorney’s responsibility to make sure that everything proceeds smoothly and in compliance with bankruptcy laws. Because every bankruptcy case is different and many steps are involved, bankruptcy attorneys, as professionals in the field, are best equipped for navigating the myriad channels.
Responsibilities Of A Bankruptcy Attorney
Filing for bankruptcy involves a lot of paperwork, documentation, and forms, all of which your lawyer will have experience handling. In theory, you could do this yourself, but it will likely take you a long time and cause a lot of frustration. You could also inadvertently make a mistake that would tie your case up in the court system. A lawyer, on the other hand, will have no troubles properly collecting, completing, and filing all necessary documentation with the court, to expedite your case as much as possible.
Bankruptcy attorneys guide their clients through all other necessary steps and procedures. They and their client will meet with the client’s creditors. They will also work with the bankruptcy court to make sure the client understands exactly what bankruptcy is and the options available and with the courts to try to develop a payment schedule, if possible, rather than liquidate assets.
The guidance and advice of a bankruptcy attorney also assures the client that all details have been covered so that once a decision is handed down, there are no surprises. Because of the difficulty of filing for bankruptcy and because, in most cases, a person can only file for bankruptcy once, it is imperative that everything is handled correctly. If an individual handles his or her own bankruptcy, they are responsible for all oversights. It is within the realm of the bankruptcy attorney’s expertise to be sure there are no problems, and when a bankruptcy attorney is hired, the responsibilities, and, the limits of those responsibilities, will be expressed in the contract.
If you are considering filing bankruptcy, please contact our office to schedule a consultation.