Filing for bankruptcy on your own is possible, but the process carries specific details that general online research may not reveal. Some of these could put an asset like a home or a vehicle at risk. Here is what to consider before deciding whether to file without an attorney.
Frequently Asked Questions
Do I need a lawyer to file bankruptcy, or can I do it myself?
You can file bankruptcy on your own. However, there are many nuances to bankruptcies. The judge in this district is notorious for a line indicating that bankruptcies come with pitfalls. And what that means is there’s a lot of very specific things that take place in a bankruptcy that just reading online or looking on Google, you’re not going to know about, and things that can be very disadvantageous or detrimental to an individual that’s filing.
Things like whether or not you could lose an asset in a bankruptcy, such as a home or a vehicle. So, while you can file bankruptcy on your own, it is highly recommended to seek the advice of an attorney to walk you through that process.
Are you struggling financially? Pratt & Maegli Law Firm in Rockford helps Illinois families and individuals explore Chapter 7 and Chapter 13 options with clear answers and a personal approach. Call (815) 315-0683 or visit rockfordbankruptcytoday.com to schedule a confidential consultation and take the first step toward real financial relief.