The saying go or going for broke usually means a last ditch, all-out effort to accomplish something important. This is typically applied to a major sporting event, such as a championship game, the last night of a big play or show, or even when someone finally works up the nerve to ask their crush out on a date. Rarely, however, is this applied to filing for bankruptcy.
In fact, filing for bankruptcy has such a deep rooted stigma attached to it that many people choose not to disclose whether they are or have filed for bankruptcy in the past. Unfortunately, the stigmas and negative associations linked to bankruptcy are based on fear and do not paint an accurate picture of why people choose to file or what the filing process is actually life. In fact, the majority of bankruptcy filers choose to file out of necessity due to being overburdened by illness and medical expenses, rather than financial irresponsibility.
If you find yourself in a similar situation and are considering filing for bankruptcy, it’s important to “go for broke” in terms of finding the right bankruptcy law lawyers. While your be overwhelmed by your bills and expenses, it’s important to focus all of your efforts and “go for broke” when searching for bankruptcy law lawyers.
Sure, it is possible to file for bankruptcy without the guidance of a local bankruptcy attorney, however, your chances of filing successfully dramatically increase if you choose to work with a local bankruptcy lawyer. This is because lawyers for bankruptcy have a thorough understanding of the intricacies of bankruptcy law. They can help stay organized and up to speed during the filing process, while also serving as your legal advocate.
Finding a lawyer for bankruptcy may actually be easier than you think, especially with your state’s bar association being a great place to begin your search. In addition, there are several other resources available that make the task of finding a bankruptcy lawyer easier.
Remember, the hardest part of filing for bankruptcy is not finding a lawyer, it’s overcoming any fear or doubt about filing!