The Bankruptcy Alphabet – Y is for YOUR Bankruptcy Case

If you’re filing for bankruptcy, you need to keep in mind that this is YOUR case. It’s not your lawyer’s case, the bank’s case, or the trustee’s case. It’s yours. You’re the one who will (hopefully) get the benefit of the discharge and you’re the one signing all of those papers under penalty of perjury.

Why does this matter? Because if you expect someone else to care more about your case than you do, you’re going to be very disappointed in the results. The bankruptcy process requires a high level of effort from clients. You cannot simply hand off the problems to your attorney and wait for them to be solved. While I try to make it as easy as possible for my clients to work with me, I do need some cooperation. A successful bankruptcy requires teamwork. I can prepare your paperwork, deal with your creditors and the trustee, and guide you through the whole process. I’ll need you to gather some documents and provide information about your assets and debts. As long as you make YOUR case a priority, the odds for success will be pretty good.

Bankruptcy attorneys from around the country are taking part in this “Bankruptcy Alphabet” exercise. Please take a few minutes to check out these other blog posts on the letter “Y.”

Yacht – by Jacksonville Bankruptcy Attorney, J. Dinkins G. Grange
Years Between Discharges – by Hawaii Bankruptcy Attorney, Stuart T. Ing
Years Between Filings – by Livonia Bankruptcy Attorney, Peter Behrmann
Yoke – by Bay Area Bankruptcy Lawyer Cathy Moran
Young v. United States – by Omaha/Lincoln, Nebraska Bankruptcy Attorney, Ryan D. Caldwell
Your Bankruptcy Trustee – by Cleveland Bankruptcy Attorney Bill Balena
Yo-Yo – by New York bankruptcy lawyer Jay S. Fleischman

Image Credit: takomabibelot/flickr

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2 Comments

  1. Excellent post. I am always surprised at how little interest most clients take in the case proceedings once they sign the retainer. It is a constant battle obtaining documents and staying in touch with clients. I always tell clients that bankruptcy is serious and requires active involvement from the debtor.

    • Thanks for reading, Frank.

      Another attorney I know has told me about the number of times clients have dropped off a box of unorganized papers and expected him to put together a coherent file. I’ve been pretty lucky, in that the majority of my clients are very conscientious about getting documents and information to me. But that may be because I explain at our initial consult that a successful filing requires teamwork.

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