The bankruptcy process is like floating down a river in the Amazon jungle and you have three options:
- Go alone-you're going down the river without a boat. You might trust your survival skills but bankruptcy law has many pitfalls and dangers. Do you really think you can survive with all of the vicious, man-eating creatures in the water?
- Hire a petition preparer-with a preparer all you get is a small rowboat. Sure you're out of the water and in a boat, but you still have to do all of the rowing and figure your own way out of the jungle. Bankruptcy is a long and dangerous process. It's best to get through it ASAP and to not go through it alone.
- Hire an attorney-with an attorney you get a powerboat! You even get a guide to navigate the boat and you safely out of the jungle! This is clearly the best option!
Bankruptcy Petition Preparers are document preparation services, not licensed legal professionals who can give you legal advice. They legally can't tell you which type of bankruptcy to file, what assets and debts to list, or what property to exempt. You still have to file all of the papers and know all of the law yourself. If you really think you can make it on your own, then good luck! But for those of you that want to make it out of the jungle ASAP and alive, hire an attorney today!