If you’re thinking about filing for bankruptcy, it’s likely that you’re feeling overwhelmed by your options and the entire process. Between the stress of uncertain finances and persistent creditor calls, it’s normal to feel like your financial situation is spinning out of control. That’s why working with an experienced South Carolina bankruptcy attorney from the very beginning is such a good idea. They’re experts in the process and can give you the advice you need during this trying time. Here’s how your bankruptcy lawyer can help.
Navigating the Bankruptcy Process
On paper, the bankruptcy process can seem fairly straightforward. But in reality, it’s far more complex than you might think. You need to review your finances, take careful inventory of your assets, and deal with creditors and the bankruptcy court to complete your filing. Doing it on your own is technically possible, but working with an attorney is always a better choice.
Your attorney will help you navigate the entire process from start to finish. They’ll guide you, help you protect your rights, and ensure that everything is filed correctly and on time.
Reducing the Risk of Costly Mistakes
When you file for bankruptcy, you’ll quickly discover that there’s a lot that could go wrong throughout the process. When you’re so focused on your financial situation and are dealing with ongoing stress, it can be easy to make mistakes. Unfortunately, those mistakes could cost you. Here are a few ways that mistakes can derail your bankruptcy:
- Your case may be dismissed.
- You could end up choosing the wrong bankruptcy type.
- You could wait too long to file in the first place.
- You could end up facing criminal charges by taking on more debt.
- You could end up having less of your debt forgiven than you deserve.
When you work with an experienced attorney, you’ll have someone in your corner from the beginning. They’ll help you fill out the necessary paperwork and can ensure that you’re filing on time and acting in full compliance with the law from the get-go. Over the course of your bankruptcy, your attorney could end up saving you money and will definitely help spare you much of the stress that people filing on their own face.
Finding Missing Records and Documents
As part of your bankruptcy filing, you’ll need to provide the court with certain documents and records. If you’re not sure where a document is, tracking it down can be difficult especially if you don’t know where to start. And since you have to follow deadlines, having all of your records on hand when you need them is essential.
Your bankruptcy attorney can help you track down missing documents and records far faster than you can on your own. This will spare you the frustration of missing deadlines or derailing your bankruptcy filing entirely.
Work With an Experienced South Carolina Bankruptcy Attorney
If you’re considering filing for bankruptcy, the best thing you can do is speak with a South Carolina bankruptcy attorney. They’ll give you the advice you need to make the best decision for your situation. At Lam Law Firm, our team is here to help. Contact us to schedule a free consultation.
