When a person decides to file for bankruptcy, they can hire a bankruptcy lawyer in Bowie, MD or they can handle the process pro se. Those who make the decision to file for bankruptcy without proper legal representation usually do so hoping they can save some money. However, if they are not familiar with the process, handling it on their own may carry certain consequences that could make their entire financial situation worse.
The rules related to filing bankruptcy can be difficult to understand. If a person enters into the process without following the necessary procedures, it may end up affecting their rights as a debtor. An example of this happens when the paperwork is being filed. There are certain forms that have to be completed and submitted to the court. However, if the right documents aren’t provided, the individual may lose the protection offered by the automatic stay or their right to file for bankruptcy down the road.
This is why it is recommended to ensure a person hires a bankruptcy lawyer in Bowie, MD to handle the process. The fact is, filing for bankruptcy often carries long-term financial effects. If a person wants to avoid issues and minimize the potential for legal consequences, they need legal assistance. If they file alone and forget to add even one debt, the judge may make the decision not to discharge the debt. Additionally, they may decide not to discharge any debt if they believe there is any dishonesty or fraud connected to the situation or case. This is because debtors who decide to file on their own often provide false information on their documents or attempt to hide their assets.
When a person begins the bankruptcy process, it is expected they will follow the rules and the regulations that have been set by the federal court. Even in a case where legal services can’t be sought because of the price, it is still a good idea to speak with a bankruptcy lawyer in Bowie, MD. In many cases, they can set up a payment plan for clients who have difficulties paying.
