One of the biggest questions that people ask when it comes to Bankruptcy Aurora is whether or not they need to hire a lawyer in order to file. Legally, there is nothing that requires you to hire a lawyer in order to file bankruptcy regardless of where you might live or what kind of bankruptcy you might be filing. However, that does not change the fact that a lot of people truly benefit from hiring a lawyer when they file bankruptcy.
One of the most beneficial reasons you would hire a lawyer after you have decided to file Bankruptcy Aurora is so they can help you figure out what kind of bankruptcy you should be filing. Everyone wants to be able to file Chapter 7 bankruptcy. However, not everyone qualifies for this type of bankruptcy. In order to qualify for Chapter 7 bankruptcy it has to be determined that even if you were put on a three to five year repayment plan you would not be able to keep up with your bills and pay off all of your debt. Chapter 7 is reserved for people who are buried under a mountain of debt.
Consulting with a law firm such as Ledford & Wu is going to ensure that you file for the right kind of bankruptcy the first time. This way you do not have to go back and start over if the judge were to decide that you do not qualify for the type that you filed for. Naturally, you would also want to consider consulting with a law firm because most people do not have a lot of experience when it comes to the paperwork and process attached to filing bankruptcy. This is because it is not something that anyone wants to get in the habit of doing. In fact, you can only actually file once every six to eight years. However, the hope is that you are not going to need to file more than once. Ideally, you should file once and take it as an opportunity to learn from any mistakes you might have made to get buried under the debt in the first place. Visit website for more information.