Like many Dallas-area people, Don uses a tax preparer every spring. Now, he knows he needs to file bankruptcy, but he thinks he can do it himself and save some money.
Don’s situation is not uncommon. Last year, two-thirds of all Americans used a professional tax preparation service. Many taxpayers reasoned that the amount of time needed to file a return, the complexity of the rules, and the dire consequences for mistakes meant that hiring a professional was essentially a no-brainer.
Personal bankruptcy is much the same. The forms are very long. There are no built-in instructions on how to complete and submit the forms. The rules are complex. The rules vary among different courts, and sometimes among different judges in the same court. And talk about “dire consequences”: even unintentional bankruptcy fraud could mean a lengthy prison sentence.
Your personal bankruptcy filing, whether it is Chapter 7 or Chapter 13, is no time to cross your fingers and hope for the best. If you even think about asking for bankruptcy protection, call the law office of Henley and Henley. Their experienced professionals can answer all the questions you ask, and even the questions that you didn’t know to ask.