When you choose to files for bankruptcy, you can file with a lawyer or
Many who choose to file without legal representation may opt in doing so
in hopes of saving money. However, for those who are not as familiar with
the process, handling this on your own may come with consequences that
could potentially worsen your situation.
Rules related to bankruptcy can be complex, and entering into the situation
without following proper procedures may affect your rights as a debtor.
An example would be during the filing process. There are forms that are
required to be completed and submitted to the court, but if you fail to
provide the court with the necessary documents, you could lose protection
of the automatic stay or even your right to file bankruptcy in the future.
For this reason, it is recommended to go through the process with a bankruptcy
attorney due to the long-term financial effects of filing and in order
to avoid legal consequences. If you file on your own and forget to add
a debt, the judge may choose not to discharge the debt. Additionally,
the judge may choose not to discharge any debt if they feel there is fraud
or dishonesty connected to the case. This is due to debtors filing on
their own and providing false information on bankruptcy documents or hiding assets.
When you begin the bankruptcy process, it is expected that you follow the
rules and regulations that are set by the federal court. Even if you are
not able to afford legal services, speak with your bankruptcy attorney
about a payment plan.