Not every bankruptcy situation and not every lawyer handling such cases are created equally. For instance, it is easy to remember that for Chapter 7 you are seeking total liquidation, Chapter 11 simply means reorganization and Chapter 13 allows for adjustment of debts. On the other hand, a Bankruptcy Attorney in Indianapolis, IN is different than say a legal assistant or even a paralegal.
Each financial situation that a person faces is different especially when it comes to Chapter 7 Bankruptcy in Indianapolis, IN. There are different types of bankruptcy case recommendations such as if you are a farmer or a corporate and even different recommendations if you are single person rather than a married couple. What a lawyer can do is help advise in these situations where other types of employees within the realm of handling law are not licensed nor are they educated in how to handle different situations.
One of the main things that people think when they are facing a bankruptcy situation is that the last thing they can afford is to hire a Bankruptcy Attorney in Indianapolis, IN. Nothing could be farther from the truth when you consider that an attorney can help you shave years off of your recovery period after you have faced a serious financial set-back such as filing for bankruptcy. Perhaps you think that they only way you can escape your bills is to file for Chapter 7 but that does not mean all your bills or creditors have to stop calling. As a matter of fact, depending on your situation you may fair better with a reorganization and scheduled payback method.
In your initial research for options considering your financial situation you may discover that a lot of filing for bankruptcy has to do with paperwork. In some cases you may only be required to show up to court and before a judge one time however, without a lawyer you may be spending more time figuring how the law works. If your time is more valuable than this and your road to recovery would be expedited if you can focus on rebuilding your career and assets, it would be beneficial to hire a lawyer to represent you. As Abraham Lincoln once said, “A man who is his own lawyer has a fool for a client.”
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