Admitting You Need Help Filing Bankruptcy

It’s hard to admit defeat. No one likes to put up their hands and announce that they’ve reached an impasse, and can’t go on without at least some help. When it comes to filing bankruptcy, for some people this is even harder to admit. Due to the cost and, often, the pride tied up in getting legal help when filing bankruptcy, a number of people will self-file for bankruptcy.

The problem with this is that filing bankruptcy isn’t a short and simple process. Getting it right is important, and getting help from a good bankruptcy law firm will help you do just that. RGG Law offers some thoughts on admitting you need help to file.

A Lot of People File

Firstly, it’s important to remove the negative perception of bankruptcy. If you have to file, you can be assured that you’re not alone. While bankruptcies have decreased in recent years, 2016 still saw almost 800,000 filings. If you’re thinking about filing bankruptcy without help in order to avoid an imagined shame, just remember the sheer number of filings – and that this is actually a decrease from previous years!

You Can Recover

Secondly, you can recover from bankruptcy. Depending on the kind you file for, it might take up to ten years, but eventually, a bankruptcy will no longer appear on your credit report.

Being Practical and Proactive

Beyond the practicalities of actually filing bankruptcy, getting help to do it says a lot about who you are. Filing yourself is risky, especially if you’ve never done it before. Filing for the wrong type or missing out vital paperwork and steps can be disastrous, and getting help will mean you avoid these mistakes. Admitting you need help and finding it, putting aside any pride or unwillingness to admit you need help, shows that you’re practical and proactive.

Knowing that you need professional help to get it done properly demonstrates that you’re thinking ahead, planning, and willing to cooperate with a legal professional, bankruptcy court, and debtors in order to clear your debts.

Being willing to listen and work with others when it comes to something as potentially major as bankruptcy demonstrates a courage and foresight that many don’t have. If you only ever file once, this pragmatism can go a long way to explaining your bankruptcy in the future – that it was done because you knew how best to handle your financial situation at the time.

Filing Bankruptcy and Rebuilding

If you’ve been thinking about filing yourself, these are some things that you should think about before you commit. Everyone’s situation is different, and the best when you can be sure that things go smoothly and with far less stress is to contact RGG Law. Our experienced attorneys and bankruptcy lawyers can help you through the process and advise you on what comes next.