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Bankruptcy Filing Without a Lawyer: Should You Do it?

Client consulting a lawyer

Many debtors file bankruptcy on their own or without an attorney. Some do so because they believe they can’t afford a lawyer, while others assume that they can do it on their own. There are also those who think that they have a simple case and the process is all about filing forms. Filing a successful bankruptcy case alone is a possible, but this is not advisable for every situation.

All By Yourself

The US Courts strongly recommend finding the right legal representation, as bankruptcy cases have legal and financial outcomes. Note that if you decide to this on your own, you will need to understand the law and prepare the necessary paperwork. Salt Lake City bankruptcy lawyers, Utah Bankruptcy Pros note that you cannot ask court employees or the trustees to give you any legal advice, as they are not allowed to do that.

How Lawyers Help

While you may have heard stories of successful filing, it is important to remember that not all bankruptcy cases the created the same. You cannot just follow a generic advice and expect that it will be the same for your situation. Online articles and how-to guide cannot always provide you with the smartest guidance for your case. A lawyer, on the other hand, can help you with the following:

Decide which chapter is right for you

  • Explain the law and the process
  • Let you know about dischargeable debts and the tax consequences of bankruptcy
  • Assist you in completing and submitting the forms
  • Help you with most aspects of the case

The Law is Complicated

Bankruptcy lawyers spend years to master to the law. This is why you cannot expect to learn bankruptcy in just a few weeks or months. Note that making mistakes and misunderstanding the law can negatively affect your rights. There is also no do-over, and if things don’t go as expected, you cannot change it or call timeout.

Bankruptcy itself is complicated and filing it without an attorney can make the process even more complicated and stressful. It is best to hire an attorney so you will be guided through the process and proceed with your case properly.

October 31, 2017 at 2:30 amMind of Money

How Women Ought to Spend Hard-Earned Money

Gender differences in salaries between man and womanThe latest stats show that women are earning as much or more than their male counterparts. According to this post from Time, some 50 percent of non-farm jobs in the U.S. are being held by women. The number of female entrepreneurs is growing too, owning a third of U.S. companies.

If you are one of these feisty females enjoying economic power, how should you spend your money? Here is a list of smart purchases you ought to be making to maximize your earnings.

A good mattress and high thread-count luxury sheets

Durable and comfortable, not only will these last you a long time, they help you get a good night’s sleep, which you will need to take on a hectic day. The point is to invest in self-care so you can max out your productivity.

Versatile clothing and comfortable footwear

Even if you’re not particularly into fashion, slipping into something that fits well, is in style and can be appropriate for corporate or cocktails is essential in business.

A real piece of jewelry

A piece of custom jewelry here in Salt Lake City shops is an incredible investment. Not only can you use it to attract even more opportunities, but it also carries real economic value that will not depreciate over time. Buying jewelry you love is a great way to grow wealth.

This New York Times article lists down more reasons to shell out good money for jewelry.

Skin care products

By the time you hit 30 or 40, there is very little you can do to reverse the skin damage caused by a hectic lifestyle. If you can afford it, invest early in quality skin care products that protect and nourish your skin so you will not have to worry about them too much as time goes by.

Productivity tools

Anything that can help you do more in less time should be your next guilt-free purchase. It can be a high powered food processor in your kitchen, a scanner in your home office, smart lock systems for your doors, or cool cleaning gadgets for the lazy.

Investing in the right purchases can help preserve your wealth and allow you to do more with your unique talents!

October 19, 2017 at 1:00 amMind of Money

Ace That IT Certification Exam: Science-Backed Hacks to Improve Memory

Student studyingAs you take on that next step in your career by taking a certification test, you want to make sure that you don’t only pass it, but ace it too. This step will help prove your skills and open up new employment opportunities for you.

Before you even take that CompTIA network+ practice test, try out these science-approved hacks to enhance your memory:

Study Before Bedtime

As much as you like reading your favorite novel or just scrolling through your social media timeline before bedtime, take the time to study for a few minutes. When you’re sleeping, your brain enhances new memories, which is why you’d probably recall what you reviewed before sleeping.

Divide Your Learnings

Spaced repetition is a new type of learning tactic that includes splitting facts into smaller chunks and consistently studying them over a long period. There’s really no use in memorizing everything at once for it would be better to just learn some information daily and then review them before beginning on a new topic.

Write Down Some Notes

It might have been a while since you picked up a pen and paper, but this time, it will be for good use. A study discovered that you store facts more securely if you jot it down by hand compared to when you type it. Begin by rewriting all of the most significant facts that you learned into a new journal.

Do Some Practice Tests

After following all the hacks above, you can proceed with some practice tests. This would be one of the ideal techniques to get yourself ready for the actual test. Don’t worry if you forget particular details because the more you try to remember it, the better you’ll recall it come test day.

Studying for that exam can get overwhelming, especially with all the facts to remember. Help your memory by trying out the science-backed hacks listed here. Don’t forget to take practice tests at a reputable institution.

October 13, 2017 at 6:06 amStudy Section